Financial planning for Long Term Care
Medicare offers an interactive tool for planning for long-term care. Once you answer a few questions, the question and answer tool helps you decide what type of care you need (or you will need) and how much it might cost. The website is www.medicare.gov/LTCPlanning.
Another useful resource for planning for singles and couples can be found at www.financinglongtermcare.umn.edu.
Information on help for paying for prescription drugs is available at www.medicare.gov/AssistancePrograms/home.asp.