Men past the age of 65 have a 44% chance of needing Long Term Care and women have a 72% chance of needing Long Term Care – Based on AARP data.

The need for Long Term Care generally is defined as a situation in which a person has lost two out of 6 activities of daily living. In the past, Long Term Care Insurance policies only focused on paying for care in nursing homes (nursing home costs are but a small fraction of Long Term Care Expenses). Today, the most popular plans are designed to reimburse for care at home and other more likely expenses, as well as Nursing Home and Assisted Living Facility expenses.

Protect Your Legacy

Long Term Care Planning can help us continue to be a blessing to our loved ones in our later years and help us protect our legacy. Most of us who have grand-kids love them more than anyone else can imagine. Let’s find a way to make sure you’re always a blessing to them. Long Term Care planning is a major part of retirement planning.

New Choices In Long Term Care Insurance

There have been major advancements in Long Term Care Insurance offerings that have produced options that will help you determine how and where you can receive Long Term Care if you should need it while protecting your assets for your spouse or your legacy.

Receiving Care At Home

There is general agreement that the best place for an incapacitated person to receive long term care is at home.

It’s very important that if an incapacitated person is receiving care from family members or friends, that there is a way to compensate the care-giver (care-givers have bills to pay too).

We may want to see that whatever approach we take for Long Term Care, has a provision to provide cash to compensate the real, albeit non-professional care-giver, including a family member.