So you realize that long term care is a risk you face, and if it happened you would have to use "your life savings" to pay for it. Isn't that right?
Medicare does not pay for extended long term care. It will pay for the first 80 days under a doctor's care, but after 80 days...you are responsible for the cost.
So where is the money to use for in-home, assisted living, or nursing home care? Nursing homes are costing an average of $74,000 a year. The average stay in a nursing home is three years. That's $222,000.
Will what you have set aside for long term care be enough twenty years from now when the need arises?
A long term care insurance policy can protect you and your future. Why worry about how much you're going to need for your long term care and if you will outlive your assets?
A long term care insurance policy can bring you peace of mind. You won't have to worry about loosing your savings and losing your home. Protect your assets.
Why use your life savings paying for long term care? Get in touch with me. I can point you in the right direction. I can help you protect your loved ones, your assets, your independence.
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