Creating a plan today with protection for tomorrow
Health care, possibly including long-term care, may be one of your largest expenses and potential key risks when planning for retirement.
Many people think long-term care is only nursing home or end of life care – it is more than that. Long-term care actually encompasses a wide variety of different types of personal care services for short or long periods of time.
We believe that long-term care insurance should be evaluated as part of your overall financial plan because the costs of a long-term care event can place significant strains on you and your family's finances; as well as personal and emotional challenges.
As with other retirement planning you’ve done, long-term care should fit your personal situation. You’ll need to balance what you can afford, the kind of care you expect, and the risks you might face.
Thinking ahead can help reduce financial stress while giving you and your family peace of mind.