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Kiplinger
Kiplinger
Business
Jerry Golden, Investment Adviser Representative

How to Create a Retirement Income Plan to Cover Caregiver Costs

Sally Social Security Jerry Golden IRA Nursing Home
A caregiver smiles at an older woman while they look at the caregiver's phone together at the kitchen table.

You’ve done a good job saving for retirement, but questions still nag at you.

  • Will my actual Social Security benefits meet current projections?
  • Can I afford to stay in my home and pay ongoing costs to maintain the house and bring in caregiver services if necessary?
  • Will I be able to afford nursing home costs beyond those for a caregiver?
  • After these housing and long-term care costs, how much will I be able to leave to my heirs?
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