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Eldercare
Reply to "Do LTC care have pay out caps?"
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[quote=Anonymous][quote=Anonymous] My mom has plenty of money AND got a LTC plan years ago. She’s in memory care and we’re paying 20K monthly for her care - LTC pays 15k of that bill. dementia or disability can wipe out your savings very quickly. [/quote] Can you describe in a bit more detail your mom’s circumstances/setup? We have an only child and I’m determined to make our older years as easy on him as possible.[/quote] There’s nothing easy about this phase of life but it’s great that you’re thinking this through now. What kind of info do you want to know?[/quote]
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