Financial Assets

New software confirms it: Getting old costs a fortune

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New software is helping financial advisors advise clients on their long-term care plans.

GAO: 14% of nursing home residents on Medicaid have more than $100,000 in assets

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Most nursing home residents on Medicaid have financial resources that were not counted toward their eligibility for the government insurance program, but few have substantial assets tucked away, according to a new government report.