How to Pay for Assisted Living and Home Care

Reporter: Tobie Stanger

Publication: Consumer Reports


Deadline: Jun 21, 2017 5:00 am

Long-term care insurance is an option for some but may be too costly for others. What alternatives are there for folks who may need to pay for care outside the home? And how about within the home? Since families typically tap numerous sources to finance this need, I’m interested in how to coordinate available benefits and resources. If you’re in, say, your late 50s, what can you do now to help your parents, and what can you ]do to get started on your own long-term care?

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