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    How Can a Trust Help You Avoid Nursing Home Costs?

    by Chris Berry, Investment Adviser Representative, Attorney, Founder and CEO, Castle Wealth Group Apr 28, 2020 4 minutes

    Contrary to the marketing messages you hear from Wall Street, retiring successfully is about much more than reaching some "magic number" in investment savings.

    It's also about protecting that money from retirement risks, such as taxes and long-term care costs, and -- if it's important to you -- being able to leave something behind for your loved ones.

    Unfortunately, these aspects of planning are frequently overlooked as pre-retirees stay laser-focused on their one goal: stashing away as much as possible in IRAs, 401(k)s and other investments. It isn't until they're actually retired that many realize their money might not last as long as they thought -- often because one spouse is in failing health and will soon need extra assistance.

    According to the annual , in 2019, the

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