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<\/a>Medicaid can be a very good safety net for many families.<\/p>\nWhile the goal of your working life is to make money and save money so that you have a robust nest egg off which to live your retirement years, there are some families who have a hard time making ends meet for various reasons. And when something happens that limits a person\u2019s ability to even do everyday tasks, then there can be a real problem without a safety net.<\/p>\n
Needing assisted care can wipe through even a very robust retirement fund, never mind one that has been scraped together over years of just getting by.<\/p>\n
Medicaid, the federal-state partnership benefit that covers nursing-care costs for low-income and disabled people, can be a life-saver \u2013 at least in terms of your financial life.<\/p>\n
But as with most government programs, you will have to jump through hoops to get access. That involves some advanced planning while (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Medicaid can be a very good safety net for many families. While the goal of your working life is to make money and save money so that you have a robust nest egg off which to live your retirement years,…<\/span><\/p>\n