Comprehensive Retirement Planning Series
04 – Create a Financial Plan
Paying for Long-Term Care – Private Pay
Create a Financial Plan
Paying for Long-Term Care – Private Pay
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The first way to cover long-term care costs is to use your own assets, also known as “private pay.” This video explains the basics.
In this academy
Comprehensive Retirement Planning Series
04 – Create a Financial Plan
Paying for Long-Term Care – Private Pay
Introduction – Financial Plan
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Financial Dashboard
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Selecting a Financial Planner
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Long-Term Care Costs Overview
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Paying for Long-Term Care – Private Pay
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Paying for Long-Term Care – Hiring Caregivers Directly
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Paying for Long-Term Care – Reverse Mortgage
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Paying for Long-Term Care – Long-Term Care Insurance
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Paying for Long-Term Care – Public Assistance (Medicaid)
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Paying for Long-Term Care – Public Assistance (VA)
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Paying for Long-Term Care – Tax Considerations
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Minimize Financial Burdens – Introduction
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Minimize Financial Burdens – Assemble Your Resource Team
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Create a Financial Plan – Wrap Up
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Professional Financial Resources
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Financial | Private Pay
My private pay decisions: (select as many as apply)
I plan to use savings to pay for care.
I plan to use IRAs to pay for care.
I plan to use 401k, 403b, and/or brokerage accounts to pay for care.
I plan to use other assets to pay for care.
Notes regarding private pay options to address long-term care costs:
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Comprehensive Retirement Planning Series
04 – Create a Financial Plan
Paying for Long-Term Care – Private Pay
Comprehensive Retirement Planning Series
04 – Create a Financial Plan
Paying for Long-Term Care – Private Pay
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