Self-insure

For those with significant income, this is a realistic option. In essence, you put aside enough money to pay for your care. The obvious question is, how much is enough? Since none of us know how long we will need long-term careCare given to someone who can no longer perform activities of daily living., this can be a challenge. It’s also challenging because inflation and the cost of care are rising dramatically.

Other Options to Consider:

• Do Nothing
• Depend on family and friends
• Purchase insurance