Will My Insurance Cover a Retirement Home or Assisted Living?

For baby boomers who are retiring today, this next chapter in life looks a lot different than it did for earlier generations. Boomers are redefining retirement on their own terms, which basically means that anything goes. You may be living the RV life, volunteering, or starting a second act with a whole new career. Whatever retirement looks like for YOU, one common thread that is part of all of our lives these days is the need to continue planning for our future.

Even if you’re healthy and active, you may start to wonder (and even worry) about how you might pay for assisted living if you end up needing extra care later on. Many seniors assume that their health insurance will cover the costs, but more often than not, this isn’t the case. Read more.