We recently completed a retirement planning engagement with some new clients. As part of the planning process, we modeled what their cash flow might look like in the event one or both needed assisted living or nursing home care.
The husband asked me, “Doesn’t Medicare pay for a nursing home?”.
The answer to that is, “No.”
Securities and advisory services offered through LPL Financial, a registered investment advisor, Member FINRA/ SIPC.
This is a hypothetical situation based on real life examples. Names and circumstances have been changed. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investments or strategies may be appropriate for you, consult your advisor prior to investing.