March 15, 2026, 8:01 a.m. ET
Recently, a listener of NerdWallet’s Smart Money podcast submitted a question about budgeting for long-term care for her father-in-law:
“We are looking at how we can have him move closer to us into an independent/assisted living situation. We would like to build a budget to help him understand what type of living situation he could afford and for how long.“