How to cut nursing home costs, according to experts [CBS News]
Genworth Financial Inc (GNW)
Last genworth financial inc earnings: 10/29 05:10 pm
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Source: CBS News
With the average nursing home costs at twice the average U.S. salary, that's more than many seniors can comfortably pay. And for those who can, it can quickly deplete their retirement savings or the estate they plan to leave for their heirs. Fortunately, there are a few strategies that may help reduce nursing home costs and help stretch those dollars further. Find out more about your long-term care policy options now How to cut nursing home costs, according to experts If you need or want to cut down on the costs of nursing home care, here's what experts say you can do. Open a long-term care insurance policy One option for reducing these types of costs is to take out a long-term care insurance policy . These types of policies can help cover the costs of nursing homes and other necessary long-term care services . They can be stand-alone policies or hybrids, which combine life insurance and long-term care coverage. "The most common plans sold today cover nursing homes, assiste
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News
- 3 money moves you can make right now to shore up your retirement savings in the next 10 years [Yahoo! Finance]Yahoo! Finance
- 3 times to buy long-term care insurance at 65 (and 3 times not to) [CBS News]CBS News
- How to get long-term care insurance with pre-existing conditions [CBS News]CBS News
- Retirement Planning: Here's How Much Money You Actually Need To Age in Place [Yahoo! Finance]Yahoo! Finance
- Scarecrow laws threaten to make middle-aged Americans financially responsible for their parents' medical bills [Yahoo! Finance]Yahoo! Finance
GNW
Sec Filings
- 5/3/24 - Form 10-Q
- 5/1/24 - Form 8-K
- 5/1/24 - Form 8-K
- GNW's page on the SEC website