Chronic care could happen at any time. Being a caregiver for one or both of your parents can be difficult. Especially if kids are fighting with nurses and each other over the inheritance money.

So planning in advance is the answer. The question is how do you go about doing that?

There are three ways to pay for elder care. You could be rich, insured, or poor. There is no wrong answer here, it's just figuring out which is the best option.

Listen now to find out the 3 ways to take care of your parents' elder care

Show highlights include:

• Why retiring at a nursing home in Texas lets you keep your retirement account (and spend time with friendly people) (4:35)
• How having a partnership qualified long-term healthcare insurance policy covers your parent elder care (even if they are perfectly healthy) (6:01)
• Why being broke in Texas gets you great long-term chronic care (8:17)
• The counterintuitive reason keeping your wealth lets you use government health programs (8:50)

Grab your free copy of the “Retire In Texas” ebook now by heading over to PAXfinancialgroup.com.

Links:

https://nypost.com/2015/07/21/badass-grandma-sneaks-out-of-senior-center-to-get-tattoo/

https://www.youtube.com/watch?v=mZ6ZrJUNQG4  

https://www.genworth.com/aging-and-you/finances/cost-of-care.html