Plan Like a Long-Term Care Insurance Expert

A recent study by OneAmerica highlights the growing need for long-term care planning as costs surge and consumer confidence remains low.

The annual review by LTC News is here: 2024's best picks for Long-Term Care Insurance Solutions, including hybrid and short-term cash indemnity policies. There is a wide variety of policy options and types, from the very affordable to the very expensive. This review is an excellent first step in your retirement planning.

Unfortunately, too many people get quotes for Long-Term Care Insurance from someone less experienced or who only works with one or two insurance companies. Thinking it costs too much, they give up. The need for a plan is a big part of a retirement plan for your family and finances. Revisit it now.

While the number of 401(k) millionaires is reaching record highs, the rising costs of long-term care can quickly erode these retirement savings. Without proper planning, including Long-Term Care Insurance, even a robust 401(k) may not be enough to cover the substantial expenses associated with aging and long-term care.

Many older adults wish to age in place, enjoying the comfort and familiarity of their own homes. Long-Term Care Insurance makes this possible by covering the costs of in-home care, modifications, and other necessary services, ensuring they receive quality care while staying where they feel most at home.