As we age, our priorities shift from being concerned about financial retirement needs to concerns about our health. Both home health care and nursing home care can incur costs at tens of thousands of dollars each year. Has this possible financial need already been calculated into your retirement income strategy? This need must be considered to ensure both you and your domestic partner will be covered.
While there is the option of Medicaid, it will only pay for long-term care if you don’t meet the minimum financial needs requirement. Other insurance resources such as your employer or other medical insurance plans may not cover the long-term care you’ll need, which puts the responsibility solely on you.
Fortunately, there are options available. With a quick evaluation of your situation, we can help you decide on a possible long-term care insurance plan to help you feel more secure in your financial and medical future.
For additional information on your financial strategy, call or email us today at 800.687.6768 and email@example.com.
To provide you with the best financial planning experience, we may offer you information on different investment and insurance products.
Be aware that no investment advisor will offer legal and tax advice, and no information given should be constituted as such. For that form of consultation, please contact an appropriate tax or legal professional.