As more and more baby boomers approach and experience their 60s, outliving income may become less of a concern, while outliving good health becomes their priority. Almost 70% of retirees will need long-term care at some point.1 With the average cost of long-term care between $7,441and $8,365 per month,2 it’s crucial to have a strategy for funding long-term care without draining your retirement assets.
We can help you navigate the complex world of long-term care and what to consider before opting into Medicaid. Planning for these potential expenses on the front end can save you from paying for them later.
Long-term care insurance helps protect you from heavy financial burdens if you or your spouse is unable to perform standard acts of daily living (i.e., walking, using the bathroom unaided, bathing, etc.). The last thing you should have to worry about in a long-term health crisis is the financial cost. We provide comprehensive reviews of your current long-term care insurance and provide options for hybrid products that include both long-term care protection and wealth preservation.
Download your complimentary copy of 4 Misconceptions About Long-Term Care by filling out the information below.
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