The last few months are usually more expensive than the preceding years, and unexpected long-term care events and uncovered medical services can easily wipe out savings and inheritances.
Source: www.thinkadvisor.com
With death being so unpredictable, we should be planning ahead for end of life costs. Whether chronic or sudden, we should consider how our last moments will be spent. We ideally think it will be due to old age, so with this in mind, we should plan accordingly so that our final days are planned and we are prepared.
This is especially true with the potential need of hospice.
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