Long-Term Care Planning

Long-Term Care (LTC) planning is one aspect of retirement planning that many people overlook. They don’t want to cover the additional expense of LTC policies, and find it difficult to plan for care that they might not need for years down the road. But the biggest mistake often made with long-term care planning is putting it off until health issues can make LTC planning much more costly or impossible to qualify for. When you consider the potential financial impact of not planning for long-term care, planning for LTC should be an important part of any retirement plan.