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It used to be simple: either your family took care of you at home, or you went into a nursing home. But those days are long gone.
Dennis O’Keefe walks through the four levels of elder care today: home care, senior living, assisted living, and nursing homes, and explains what each one actually means, how much they cost, and what kind of planning families should be doing now to prepare.
He shares stories from his own family, clients, and favorite TV shows (yes, The Sopranos) to help illustrate just how much the landscape of aging has changed and how important it is to drop the outdated myths.
Whether you’re caring for aging parents or thinking about your own future, this episode will give you the clarity and confidence to move forward.
What to expect in this episode:
- What “home care” really includes and why it’s more than just medical help
- Why food and activities might be the most important factors for long-term independence
- The truth about Medicaid: what it pays for, and what it doesn’t
- The emotional and financial trade-offs of preserving money for your kids vs. paying for your own care
- And more!
Related: Healthcare Inflation Is Coming for Your Retirement—Here’s How To Fight Back