Don't put off learning about long-term care too long, or it may end up costing you more than you'd like. Here are some resources to help you learn more.
Check out this previous column for an introduction to the topic. You'll find more detailed information in our retirement area and, of course, in our Insurance Center. (You may not have thought about some kinds of insurance, such as disability or long-term care insurance, but they're vital for many people. Take a little time to learn more, and you may be very happy you did should some calamity occur in the future.)
The United Seniors Health Council offers a lot of good info and some publications on long-term health insurance. Long-Term Care Planning: A Dollar & Sense Guide is available from the organization and worth a read. It's recommended by Fool retirement expert Dave Braze.
Dave also recommends Beat the Nursing Home Trap: A Consumers Guide to Assisted Living & Long-Term Care, by Joseph Matthews.
Also of possible interest:
- The Complete Idiot's Guide to Long-Term Care Planning, by Marilee Driscoll
- Long-Term Care: Your Financial Planning Guide, by Phyllis R. Shelton
- J.K. Lasser's Choosing the Right Long-Term Care Insurance , by Ben Lipson
- Consumer Reports Complete Guide to Health Services for Seniors , by Trudy Lieberman
And by the way, this is exactly the kind of topic that a financial advisor can help you with. Learn how to find one at our Advisor Center. Also, check out our TMF Money Advisor service, which features customized, independent advice from a variety of objective financial experts.