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Do I Need Long-Term Care Insurance?

Submitted by Byron Moore, CFP® & Mike Jones on September 18th, 2019
By Byron Moore, posted September 18, 2019

The following segment first aired on KEDM 90.3.

Do you need long-term care insurance? What if you buy it and never end up using it? I'll help you think through this topic on this week's episode of Wisdom on Wealth.

Click above to play/pause audio.

 

Care giving for the elderly

Submitted by Byron Moore, CFP® & Mike Jones on July 31st, 2017
By Byron Moore, posted July 31, 2017
Originally published in the News Star and the Shreveport Times on Sunday, July 30, 2017.
 

elder care_sm.jpgQ:  My husband and I are still relatively healthy, but we’ve told each other we don’t want to spend any of our days in a nursing home. It seems like it would be cheaper to just care for one another at home. Is that right? Which costs more – getting care at home or care in a nursing home?

A: That depends on whether you are counting just dollars, or whether time, energy and health are among the costs you are considering.

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