With nursing-home care topping $127,000 a year in Connecticut, the Fairfield Public Library says in a news release, retirement savings and other assets can quickly be gobbled up by long-term care.
On May 21 at noon, the library will host a presentation on long-term-care insurance at the main library, 1080 Old Post Road.
The program will provide an overview of insurance approved by the Connecticut Partnership for Long Term Care, the library said, including when in the financial-planning process such coverage should be considered.
The library program will be led by Aldo Pantano, a training specialist with the partnership.
The presentation is part of a series of programs called Reinvent Your Financial Future @ The Fairfield Public Library that will run through July.
The library said program topics include Social Security, Medicare, budgeting, stock market basics, choosing a financial planner, beginner portfolio management and others.
A full series schedule can be seen at www.fairfiedlpubliclibrary.org.