Columns/Opinions

PSA: Could you cope with long-term care costs?

You may never need any type of long-term care, such as an extended nursing home stay, but it’s a good idea to be prepared — because this care is expensive.    Consider this: The median cost for a private room in a nursing home is over $100,000 per year, according to the insurance company Genworth.

PSA: Can you reduce the Medicare surcharge?

Before you turn 65, you’ll want to become familiar with Medicare’s rules and features.    And if you’re a high earner, you’ll want to be especially aware of the Medicare premium surcharge — because, over time, it can add up to some significant dollars.