Tag Page MedicareMyths

Long-Term Care Costs: The Shocking Truth

Did you know most people totally lowball what long-term care actually costs? 8 out of 10 Americans think it’s under $100k a year, but the real price tag is closer to $121k—ouch. And get this: most folks also think Medicare will pick up the tab, but it doesn’t. Medicaid does, but only if you qualify (and most retirees don’t). If you’re planning for the future, this is your wake-up call! #LongTermCare #FinancialPlanning #MedicareMyths #Aging #Caregiving #Health