If you are a long way from retirement, it's very likely that nursing homes will end up with an even higher price tag by the time you're in need of their services. Dying for care: How the eldercare ...

My wife and I are elderly. I have an individual retirement account (IRA) worth about $100,000, and we have a trust set up through our children to protect our assets. If one or both of us have to ...

The post Can a Nursing Home Take Our Savings? We Have a $250k IRA, a House and Other Assets appeared first on SmartReads by Medical Costs in Retirement: Can a Nursing Home Take Our $250k IRA or Home?

After working and saving, clients are concerned that unexpected costs will become unplanned for drains on their Retirement Accounts (e.g, 401(k), IRA, Roth IRA, 403(b), etc.). As the need to pay ...

EDITOR'S NOTE: This article was originally published in the June 2012 issue of Kiplinger's Retirement Report. To subscribe, click here. Many people view the move to a nursing home as a one-way ...

Obviously, this is more money than most people can comfortably spend. In fact, even a few months of nursing care could cause you to quickly drain your retirement nest egg.And, unfortunately, it's ...