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Kate Ashford

๐Ÿ‘ค Speaker
701 total appearances

Appearances Over Time

Podcast Appearances

NerdWallet's Smart Money Podcast
Long-Term Care Costs: Medicaid vs Private Pay, Plus Talking Money While Dating

It does sound like a bleak corner of the internet.

NerdWallet's Smart Money Podcast
Long-Term Care Costs: Medicaid vs Private Pay, Plus Talking Money While Dating

But it also sounds like a representation of a lot of people being confused and stressed because they're in situations where they don't have a lot or maybe anything at all saved.

NerdWallet's Smart Money Podcast
Long-Term Care Costs: Medicaid vs Private Pay, Plus Talking Money While Dating

And they're not sure how to swing the cost of this care because it's expensive and social security isn't going to cover it all the way.

NerdWallet's Smart Money Podcast
Long-Term Care Costs: Medicaid vs Private Pay, Plus Talking Money While Dating

And Medicaid is confusing and it really can feel bleak.

NerdWallet's Smart Money Podcast
Long-Term Care Costs: Medicaid vs Private Pay, Plus Talking Money While Dating

For sure, the majority of people are not leaving the country.

NerdWallet's Smart Money Podcast
Long-Term Care Costs: Medicaid vs Private Pay, Plus Talking Money While Dating

There's something like

NerdWallet's Smart Money Podcast
Long-Term Care Costs: Medicaid vs Private Pay, Plus Talking Money While Dating

61.2 million people in the US over age 65.

NerdWallet's Smart Money Podcast
Long-Term Care Costs: Medicaid vs Private Pay, Plus Talking Money While Dating

And I went looking, there are something like 670,000 people getting social security abroad.

NerdWallet's Smart Money Podcast
Long-Term Care Costs: Medicaid vs Private Pay, Plus Talking Money While Dating

So that's 1%.

NerdWallet's Smart Money Podcast
Long-Term Care Costs: Medicaid vs Private Pay, Plus Talking Money While Dating

It's teeny.

NerdWallet's Smart Money Podcast
Long-Term Care Costs: Medicaid vs Private Pay, Plus Talking Money While Dating

Roommates are not the cure all.

NerdWallet's Smart Money Podcast
Long-Term Care Costs: Medicaid vs Private Pay, Plus Talking Money While Dating

Maybe you can set up kind of a golden girl situation.

NerdWallet's Smart Money Podcast
Long-Term Care Costs: Medicaid vs Private Pay, Plus Talking Money While Dating

Oh, yeah.

NerdWallet's Smart Money Podcast
Long-Term Care Costs: Medicaid vs Private Pay, Plus Talking Money While Dating

Who wouldn't want to be in the Golden Girls?

NerdWallet's Smart Money Podcast
Long-Term Care Costs: Medicaid vs Private Pay, Plus Talking Money While Dating

Again, those ladies were all in good health, and no one there was looking for long-term care.

NerdWallet's Smart Money Podcast
Long-Term Care Costs: Medicaid vs Private Pay, Plus Talking Money While Dating

So if you're talking about someone who needs care, it's a slightly more complicated equation.

NerdWallet's Smart Money Podcast
Long-Term Care Costs: Medicaid vs Private Pay, Plus Talking Money While Dating

So generally, it's hard, and it's costly.

NerdWallet's Smart Money Podcast
Long-Term Care Costs: Medicaid vs Private Pay, Plus Talking Money While Dating

And in a lot of cases, older adults are getting by with family caregivers.

NerdWallet's Smart Money Podcast
Long-Term Care Costs: Medicaid vs Private Pay, Plus Talking Money While Dating

Sometimes they're moving in with them.

NerdWallet's Smart Money Podcast
Long-Term Care Costs: Medicaid vs Private Pay, Plus Talking Money While Dating

Sometimes their caregivers are moving in with the older adults.