10 Jun DETERMINE YOUR EVENTUAL LONG TERM NEEDS AND CREATE A PLAN TO PAY FOR YOUR LONG TERM CARE.
Financial Literacy class. This is for a 20 year old girl. I will take a picture of page 292 and attach
Long Term Care Insurance
Examine Long Term Care Insurance. Refer to page 292 in the textbook for a Policy Checklist you may want to use in determining your care and coverage needs.
Determine your eventual long term needs and create a plan to pay for your long term care.
1) Based on Long Term Care Calculators what are your Long Term Care Costs?
2) Did you take into consideration graduated levels of care as you get older?
3) How do you plan on budgeting for and then paying for your Long Term Care?
4) Before this class did you even think about your Long Term Care Costs?
I’ll leave it up to you how you will answer these questions. You can submit an excel spreadsheet or a word document if you wish. (you must attach a file do not answer in the area provided in Blackboard) You can insert the answer you get from a LTC calculator and answer the other questions. It’s entirely up to you. Be sure to put your name on the top of the document.
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