Elder-Care Costs Are Rising Rapidly - Why You Must Factor This In
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Ай бұрынElder-care costs are rising rapidly. And so are the cost of butter tarts.
Dave Chilton, The Wealthy Barber and former Dragon on CBC's Dragons' Den, talks about why people need to factor in higher-than-typical costs for elder care.
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@danbarrett6387 Ай бұрын
Well said. As always one needs to be as prepared as possible and flexible. What is the argument for people being too prepared and presenting it all to the government in terms of LTC? My parents who lived to 92 stayed in their apartment and made life easier by having their meals prepared at a nearby nursing home where they went and had social interaction as well...just make sure to distribute a majority of your assets before going into LTC
@TheWealthyBarber Ай бұрын
This is a great idea for those who have the ability to live on their own at that age.
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