Planning for retirement living should also include the possibility of possible
long term care requirements. Starting this process earlier in life can make
this burden a lot easier. Making this plan takes the pressure off family
members and allows a more smooth transition. Though many people remain
independent into old age, the sudden need to transition to a more assisted
living could happen at any time. And the person needing the care might not be
able to assist in that decision. Having a plan in place with your estate plan
makes this much more simple.
Read more: Retirement living and long-term care planning may coincide