Jean Chatzky: () Well, I might want to toss they to your listeners as well
This new myth is the fact people believe that Medicare will take care of their a lot of time-label take care of so long as it is in fact it is maybe not the fact
We’re going to see our mailbag within a second. But since you listen to that it conversation, if you have comments, if you will find things that have worked to you personally on the lifestyle, when you yourself have information that you would like making with the rest of all of our audience, place them available to you, Kathryn and i tend to discuss them joyfully to your a unique podcast.
I like that episodes commonly always from the money due to the fact it is not constantly concerning currency
Kathryn Tuggle: () Our very own first question for you is from Suzanne in the Ca, she writes, hello Jean and you may Kathryn, I’m hoping 2021 try off to a beneficial begin for both of you. You will find a question regarding the long-identity care and attention insurance. Just like the an individual who does not have any pupils in accordance with no family members with this region, I always thought I might you prefer enough time-title worry insurance coverage. Although not, on your guide, Women Which have Currency, I was one another surprised and you may delighted to learn this is not at all times true. Without having a giant nest-egg, assets below $500,000, and that’s my personal situation, you don’t need to which insurance coverage because the you are able to easily spend-all from your discounts with the medical care, where area Medicaid will take more buying long-identity worry. This is going to make experience. But what in the event that a temporary remain at a rehab studio or breastfeeding domestic wipes out my discounts thus i can’t be able to pay rent whenever I am released. (suite…)