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How to fund home health care if you want to ‘age in place’
Halfpoint Visuals | Moment | Getty Photos Some 70{a5ceed037b574a4d8c6b44a0a7290437cee40655417128da3b56d864fe64414f} of individuals want to age at home, still only 10{a5ceed037b574a4d8c6b44a0a7290437cee40655417128da3b56d864fe64414f} have extended-term care insurance policies, a current HCG Protected/Arctos Foundation analyze found. Additionally, about half of respondents experienced no thought how significantly in-property care would expense. With the median yearly price of a dwelling overall health aide nationally approximated at $61,776, how are people going to fund this? “The want for aid at house is much extra frequent than you think, but folks really don’t program for it,” reported certified fiscal planner Chris Chen, wealth strategist with Perception Fiscal Strategies in Newton, Massachusetts. Scoping out the insurance solution landscape Persons with…