Age is an important factor. Some private payment options are good choices for older people. Other payment options make more sense for a younger person.
|Better options for a younger person||Better options for an older person|
|Minnesota Partnership long-term care insurance||Minnesota Partnership long-term care insurance|
|Individual long-term care insurance or group long-term care insurance through employer – if offered||Individual long-term care insurance|
|Personal income and savings||Home equity options including reverse mortgage|
|Long-term care annuity and life insurance||Long-term care annuity and life insurance|