New Medicaid Complications

President Bush recently implemented changes in qualifying for nursing-home funding that trim your benefits and tighten the regulations

Let's assume that you have a perfect, carefully thought-out financial plan for your retirement -- one that takes into account routine expenses such as housing, food, and medical care, extras such as travel, and even a stay in a nursing home. You've made sure that the money you have in savings, your 401(k), other investments, and home equity will suffice to cover all these expenses through a long life.

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