Long before you hit retirement age, you need to start thinking about long-term care if you want to stay at home in your senior years. Whether or not you’re ill, you need to have a plan in place so that your wishes are fulfilled in your golden years.
Here are three key things you’ll have to consider for long-term care.
Cost
You’ll need to determine what the cost is going to be to stay at home and have your caretakers come to you, as well as how you’re going to pay for it. For example, Medicare only pays for some home health care. It may be a good idea to start a savings account to pay for your care that your insurance won’t cover.
Your Caretakers
Who are you going to hire to take care of you? Will you contact a home health care agency to find someone, or post a job ad to hire someone independent? What are the pros and cons of each? Do you have a family member or friend who is a nurse and may want to earn some side income? Or do you have a loved one who is going to learn the ins and outs of taking care of you and will step up? Determine what you’re most comfortable with beforehand.
Your Home Environment
Is your home suited for you, or are you going to have to make modifications? For instance, you might have to move to the ground level so you don’t have to go up the stairs anymore. You may need to install a security system so you feel more secure or put bars in the shower so you can easily get in and out and shower yourself.
Contacting Legacy Law Group for Help
If you need help planning for long-term care, you can contact the estate planning attorneys at Legacy Law Group in Eastern Washington, Spokane Valley, and Spokane itself. Get in touch with us at (509) 315-8087.
