• Question
  • I really don't have any retirement questions. I have been retired for 12 years. I am looking a

    Asked by a 73 year old man from Plant City, FL on 12/30/2012

    I really don't have any retirement questions. I have been retired for 12 years. I am looking a options if I ever had to go into a nursing home for long term care.

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  • Categories: Retirement Planning, Long Term Care Coverage, Health Care and Health Insurance

Answers

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  • If you're healthy now, I recommend purchasing a Long Term Care Insurance policy. That'll enable you to choose a nice private facility, if you ever require long term care.

  • Login to rate this answer:   Answered on 1/1/2013
  • Get a FREE 1-on-1 phone
    consultation with this advisor
  • Another option is to look at an annuity from companies such as Security Benefit that offer a Health Care rider.

  • Login to rate this answer:   Answered on 1/2/2013
**All above answers are provided as general information only. No warranty is made regarding the fitness or accuracy of the information provided in this answer. You should seek advice from a licensed CPA, attorney or CERTIFIED FINANCIAL PLANNER™ as to your unique financial situation.