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Planning for Extended Care

September 13, 2012

Planning for Extended Care

By: John Hillman, CFP®, ChFC®, CLU, CLTC

If you know that you will never live long enough to become frail and to need assistance with the normal activities of daily living, and if you know that you will never suffer from dementia or Alzheimer’s no matter how long you live, then you will not find this article to be helpful to you because you will never need a plan for extended care
during your lifetime.

If, on the other hand, you believe that there exists at least the possibility that you might live long enough to become frail or cognitively impaired, and that you therefore would need the assistance of others to help you with the normal activities of daily living, then you will benefit by reading and thinking about what follows.

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