Elder Care

No one enjoys the thought of needing assistance in their later years. The issue comes up when thinking of oneself or their parents. Naturally, everyone hopes they live a full, active life until 105, go to bed one night, fully asleep, and die in their sleep without any pain.

Practically and logically speaking, that may not be reasonable. The second-best option us to stay at home with some simple assistance to live out our final days. Here again, we do not make that choice.

When planning for our “away from home care” there are a few options that are being used more: Continuing Care Community (ccc), or Lifecare Community (LCC).
In a CCC, there are lower entrance fees, but, when one needs more care in the future, costs really escalate, and one may have to leave due to affordability. In an LCC, costs stay the same as one moves to higher levels of care. Now in most cases, one must be healthy enough to enter, and have a reasonable expectation of living independently for at least 5 years before needing higher care. The fees are higher than in a CCC, but no surprises when one needs extra help.

Watch my new FREE webinar, How To Double Your Social Security Benefits While Reducing Your Taxes By 80% In Retirement, take advantage of the free offer at the end.

Check out our other blog, the Wealthy Future Blog, to learn all the principles of Missed Fortune, as outlined by best-selling author, Doug Andrew. The articles, audio and video programs will provide information which you will find both enlightening and empowering!

You can also visit our website at Founders Group to learn more about how we can help you optimize your assets or provide you with any financial advice.

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