Positive Aging Sourcebook MD Spring/Summer 2021 by Sourcebook

Page 26

RESOURCES

FINANCIAL PLANNING

Financial Planning for Senior Healthcare

F

Evaluate Needs and Calculate Options

ew things are guaranteed in the game of life. Healthcare costs just might be one of them. At some point, most people will face ongoing and potentially large healthcare costs. The odds increase dramatically with age. Now is the time to prepare for healthcare costs as you age. Follow this simple path for planning.

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Lifestyle • Do you have a plan to get to the store and doctor appointments when you stop driving? • Have you considered having services come to your home when you stop driving? • Do you know how your health conditions will progress with age? • Have you thought about staying in your home versus moving elsewhere as you age? Continued on next page

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