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Reply to "How much are you budgeting for long term or elder care?"
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[quote=Anonymous]For those of you who don't have LTC insurance, how much are you including in your retirement budget for assisted living, memory care, or long-term care? My partner and I are trying to budget to have ~$1M remaining at age 90, which could support a few years of LTC for each of us at current rates. But I also wonder - what if one of us has a stroke at 70, and we need 10-20 years of continuing care? Just wondering what other people's assumptions look like. [/quote]
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