Long Term Care Resource Center

Helping Middle Class Seniors and Their Families Survive The Financial Burden of Long Term Care

Entries for the ‘Four Box System’ Category

How to Keep From Losing Your Life Savings to Long Term Care Expenses

Part 3: Medicaid – What Is It?
In Part 2 we discussed how Veteran’s Benefits can provide additional income to cover long term care expenses.  If you are not a Veteran or widow of a Veteran these benefits are not available to you.  Even if you qualify for Veterans benefits your long term care costs can [...]

Leave a Comment

Do You Have Money Coming? (Part 2)

Little Known Benefits for Veterans and Their Widows
Part 2
Veterans and their widows are likely to be able to become eligible for a government program that pays a portion of their long term care costs.  In December we discussed Veteran’s Pension.   Officially it is called the Non-Service Connected Pension Benefit and [...]

Comments (2)

Do You Have Money Coming? (Part 1)

Little Known Benefits for Vets and Their Widows

Part 1.
If you are a veteran or widow of a veteran living in an assisted living facility, nursing home or other long term care facility or if you have home health care expenses you are likely are missing out on up to $22,135 per year (tax [...]

Leave a Comment

What’s Missing From Your Retirement Plan?

It’s a scary world out there if you’re a retiree or planning to retire soon.
Stocks have returned nothing over the past 10 years. Real estate has plummeted. Government bonds and CDs pay a measly 3%. Pension plans are under pressure.
How can you be sure to have the income you need in [...]

Leave a Comment

What Is The Biggest Threat to Your Retirement Savings? (Part 2)

How Assisted Living and Nursing Home Expenses Can Wipe Out Your Savings (Part 2)
In last month’s article we provided an overview of the different types of long term care facilities that are available: home care, assisted living, group home, nursing home/memory care. All of these facilities are expensive. If you don’t plan correctly [...]

Leave a Comment