LONG-TERM CARE INSURANCE

How are you going to pay for your long-term medical care expenses?

• Spend down personal assets leaving nothing or very little for your spouse;
• Request your family to assist you financially with this burden;
• Expect family to provide physical support day in and day out;
• Hope to qualify for a limited government stipend like Medicaid;
• Or are you just avoiding thinking about the eventual need for long-term care?

Late life medical expenses may occur at any time and can be protracted, physically taxing and financially disastrous.  And the effects of inflation on personal savings can be devastating.   Long-Term Care Insurance can provide a tax-free income to help pay for expenses at home or in a facility. 

The best time to purchase a LTC plan is between age 50 to mid 60’s because 70% of all people over age 65 will require some sort of long-term care at some point in their lives.  Don’t wait until there is a crisis to try to arrange for a LTC plan, because at that point you may NOT qualify.  And if your spouse or children are unable to assist, what will you do?   

A customized Long-Term Care plan designed for your specific circumstances can be yours.  Let's start preparing a program that is tailored for you.  And then tell your family that you have a plan.  Contact us and let us begin the conversation.