Long Term Care
In your retirement years two things become a threat to your financial well-being: healthcare costs and long term care. Long term care means needing skilled care from licensed professionals, like a nursing home or even home healthcare. This can be due to illness accident or just needing help as we age. Statistics show that %70 of people over age 65 will need this type of care and it can be very expensive. Up to $100,000 PER YEAR in some cases.
Many people expect Medicaid or their health insurance to pay the bill and usually it won't. Long Term Care insurance is a smart piece of your financial plan. Check out the video for more information or see the articles we have written on long term care on our Insurance Learning Center page. Then, set a time for one of our agents to walk you through your long term care options.