This week, we discuss the costs of dementia care vs. other long term care needs. Too many believe Medicare pays for care after age 65. Medicare may pay for up to 100 days if skilled care is also needed to help recovery from a hospitalization/procedure, and if you've been in the hosptal at least three nights. At age 80, 75% of people with Alzheimer's disease live in nursing homes while 4% of others at age 80 live there. Do you really want to spend down your assets to qualify fro Medicaid and be "put" in a nursing home where 75% of your peers have dementia? Here is a link to learn what it takes to qualify for Medicaid in your state https://www.elderlawanswers.com/ Here is a link to see current and future costs of care where you live (use 5% inflation growth to project future costs more accurately https://www.carescout.com/cost-of-care Then use the link below to schedule a brief call or zoom with me to learn if LTC insurance may be a good strategy you can use to protect yor family, savings and choices https://calendly.com/diane-p4t/30min If we agree it's a valuable option to consider, we'll schedule a longer meeting and get to work.