Knowledge is power, and that’s why we created ‘Money News You Can Use’. I pick the five best articles I read each month and post them here so you can stay informed of the latest financial news and arm yourself with knowledge when preparing for retirement. I know most people don’t have time to sift through hundreds of articles to find the most relevant and helpful ones, which is why I do it for you!
This month, we will focus on long-term care planning. November is long-term care awareness month. Did you know that it’s estimated that 70% of Americans over 65 will need long-term care at some point in their lives? If you have older parents who need long-term care, you know how hard it can be to make arrangements and cover costs. Today’s retirees should look at long-term care costs, and think about how they want to be cared for later in retirement.
– Happy Reading
SouthPark Capital Chief Executive Officer