Liz Weston: What will long-term care cost you?

– Overall, half of people over 65 will incur long-term care costs, and 15% will incur more than $250,000 in costs, according to a study by Vanguard Research and Mercer Health and Benefits.

– Overall, half of people over 65 will incur long-term care costs, and 15% will incur more than $250,000 in costs, according to a study by Vanguard Research and Mercer Health and Benefits. MEDICARE WON’T HELP

– Overall, half of people over 65 will incur long-term care costs, and 15% will incur more than $250,000 in costs, according to a study by Vanguard Research and Mercer Health and Benefits.

Many people are frightened of long-term care costs – for good reason. Most people over 65 eventually will need help with daily living tasks,

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By LIZ WESTON of NerdWallet June 03, 2019 06:52 AM. Many people are frightened of long-term care costs – for good reason.

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Liz Weston: What will long-term care cost you? Business News FILE – This April 2017, file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. (NerdWallet via AP, File)

Most people over 65 will eventually need some help with daily tasks, and for many that means a nursing home or paid in-home care. Long-term care can be expensive. Here are some ways to plan ahead.

Overall, half of people over 65 will incur long-term care costs, and 15% will incur more than $250,000 in costs, according to a study by Vanguard Research and Mercer Health and Benefits.

-Four out of 10 will opt for paid care at home, and the median annual cost of a home health aide is over $50,000. -Overall, half of people over 65 will incur long-term care costs, and 15% will incur more than $250,000 in costs, according to a study by Vanguard Research and Mercer Health and Benefits. MEDICARE WON’T HELP

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– Overall, half of people over 65 will incur long-term care costs, and 15% will incur more than $250,000 in costs, according to a study by Vanguard Research.

Many people are frightened of long-term care costs – for good reason. Most people over 65 eventually will need help with daily living tasks, such as bathing, eating or dressing. Men will need.

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