Long-Term Care Strategies

Who will take care of you if you are unable to care for yourself?

 

As the oldest baby boomers begin to wind through their 70s, one of the biggest concerns may not be outliving income, but outliving good health. With at-home care services averaging $20 per hour and assisted living facility costs averaging $3,628 per month,1 it’s understandably daunting. Does your retirement income strategy account for this kind of possibility? Would you be prepared for twice that amount as a married couple?

 

Long-Term Care Options

  • What’s the truth about government programs?
  • What is “Spend Down”? How to potentially avoid it?
  • Options to stay out of a nursing home?

 

We can help evaluate your situation and determine if any Government programs may work for you or what products could fit into a comprehensive long-term care strategy, one that is suited to your needs and circumstances.

 

1 Genworth Financial. April 2016. “Genworth 2016 Cost of Care Survey.”  Accessed Aug. 31, 2016.

 

Get instant access to our retirement kit, which includes three separate guides that address several topics you should consider when planning your retirement.

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