This Is the Best Age to Buy Long-Term Care Insurance

Long-term care is jaw-droppingly expensive. The national median cost for staying in a private room at a nursing home is $102,200 per year, according to Genworth Financial. Receiving care in your home is cheaper, but even a home health aide will set you back more than $50,000 a year, assuming they provide care for six hours a day. Don’t assume Medicare will pick up the tab, either. It doesn’t…

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