How can I choose a good long-term health plan without going crazy?

 

Ellen emailed: Is there a way to choose a good long-term health care plan without going crazy?

Kudos for thinking ahead. Retirees’ health care expenses can reach $220,000 over their lifetime, and that doesn’t include long-term care needs like a nursing home or independent living facility. That’s where long-term-care insurance comes in.

The Department of Health and Human Services is a great place to start looking into LTC options. We don’t know anything about your financial situation, so we asked Roger Roemmich, a certified financial planner in Athens, Ga., for a few options