California is the most populous state in the US, with over 38 million residents. Known for its long beaches and sunny weather, California is an ideal retirement spot. The state has many towns with plenty of leisure activities, like the boardwalk and pier in Santa Monica, the vineyards in Napa Valley, and the stores and artist merchants in Carmel. Although many areas in California have significantly higher costs of living than the national average, there are still some areas in the Golden State that aren’t nearly as expensive and can provide seniors with the ideal retirement environment.
The state of California enacted a Long Term Care Insurance Partnership in 1992 to encourage residents to protect their assets and prepare for their future long term care needs.