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Long-Term Care Planning

As the oldest baby boomers begin to wind through their 60s, one of the biggest concerns may not be outliving income, but outliving good health.

For seniors, home health care can cost $50,000 or more per year,1 and nursing home care can run as high as $80,000.2 Does your retirement income plan account for this kind of possibility? Would you be prepared for twice that number as a married couple?

Considering that you have to exhaust virtually all of your financial means before Medicaid will pay for long-term care and neither your group nor major medical insurance will cover long-term care, it’s critically important to plan ahead and protect yourself from the negative effects of these costly expenses.

We can help evaluate your situation and determine if purchasing a long-term care insurance policy may be the right move to help insure your financial future.

1Genworth Financial. April 2010. “Genworth Financial 2010 Cost of Care Survey.” https://www.genworth.com/dam/Americas/US/PDFs/Consumer/corporate/coc_10.pdf.

2Met Life. October 2009. “The 2009 MetLife Market Survey of Nursing Home, Assisted Living, Adult Day Services, and Home Care Costs.” https://www.metlife.com/assets/cao/mmi/publications/studies/mmi-market-survey-nursing-home-assisted-living.pdf.


To schedule a complimentary, no-obligation consultation to discuss your financial future to see if you are on the right track towards a secure retirement, call us today at 1-800-227-7777.

By contacting us, you may be offered information regarding the purchase of insurance and investment products.

Our Team

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Because your future and your retirement depends on independent unbiased financial planning.