What is Long Term Care Planning?

Objectives of Long Term Care Planning

A well designed plan has 2 objectives:

1. To allow you to remain in your community without risking the emotional and physical well-being of those who will provide your care.
2. To preserve your retirement plan for the purposes you intended:
   • To generate income to support your lifestyle,
   • To minimizing taxes, and
   • To ensure the financial viability of your surviving spouse

The Tools of Long Term Care Planning

In your working years you created savings and investment funds to help pay for unusual expenses, defray college costs, and assure a decent lifestyle during retirement. You guaranteed those savings and funds with insurance in event of your early death. The risk was very low (about 2%), but you insured against premature death because of the consequences to your family if you died too soon.

 Later in life the risk has changed. You risk living a long time while needing expensive care because of deteriorating health. That risk is very high (about 40%-50%). But here,too, insurance can be used to ensure that your savings and investments will remain intact. They will stay intact to generate income during your later years and support the surviving spouse. Using the proper planning tools requires the input of a seasoned professional in this very unique area of financial and estate planning. They will help you find a stable and competent company with a track record of excellence in underwriting, claims processing, and continuity in personnel and vision.

We Can Help

We are so glad that you found us. We believe we meet the above criteria. We have the training, the experience, and the heart to serve our clients well. This is all we do, week in and week out. If you want assistance with long term care planning from a dedicated team of professionals who know the industry and the best products for any given situation, you have come to the right place. We look forward to meeting you and serving you.