Many times long term care planning is not a priority, however your savings could be wiped out if you are not prepared.
America’s population is aging and many of us may find our assets at risk as we struggle to pay for the costs of daily assistance during times of serious or ongoing illness. The costs of nursing homes and elderly care is continuing to rise and these costs are typically not covered by traditional health plans or Medicare.
If you plan now, you can provide your family with the coverage needed to:
- Protect your assets and maintain financial security
- Maintain your independence
- Ensure flexibility in choosing your health care setting, including your own home