Nov 17, 2022

Mel's Monthly Money Tip: Long Term Care Planning

Mel's Monthly Money Tip: Long Term Care Planning

Long Term Care Planning:

Why is long term care planning important?

What are the typical costs for long-term care needs?

What are the options for planning for LTC needs?

What should we consider when discussing long-term care?

How does Narwhal help clients plan for long-term care?

In addition, it is important to discuss your plan with your family so they understand your wishes and any responsibilities they may have in ensuring you receive the best care possible.


U.S. Department of Health and Human Services. (n.d.). Paying for care. National Institute on Aging. Retrieved October 20, 2022, from

Cost of long term care by state: Cost of care report. Genworth. (n.d.). Retrieved October 20, 2022, from

Melissa Dotson, CFP®, CSLP®

Financial Planning Associate

Melissa came to Narwhal in the summer of 2018 following the completion of her master’s degree in financial planning from the University of Georgia, where she also earned her bachelor’s degree in consumer economics. Her interest in the field started with learning about consumer behavior, specifically its relation with complex moneymaking decisions. Melissa recently received her CFP® Certification in January 2021. Working with a CFP® professional can help you find the path to achieving your financial goals. Your goals may evolve over the years as a result of shifts in your lifestyle or circumstances such as an inheritance, career change, marriage, house purchase , or a growing family. Melissa is here to help you through that process. When she’s not working, Melissa enjoys cycling, cooking, and spending time with her beagle and two nieces.

Let’s start the conversation.

At Narwhal Capital Management, you’re more than just a portfolio, and it’s not all about the numbers. Let’s start with a meeting about your needs and future goals.