DID YOU KNOW?
-At least 70% of people over 65 will need LTC services or support at some point.
-67% of all LTC insurance benefits are paid for care received by women.
HOW MUCH WILL LTC COST?
-According to the Genworth 2014 cost of care study, nationally the annual cost for LTC is approximately $97,600.
HOW WOULD YOU PAY FOR LTC?
-Self funding, this could erode your nest egg.
-Family and friends, this will burden their finances.
-Medicare/Medicaid, cost for LTC services is very limited.
-LTC insurance, will help you maintain your lifestyle, protect your assets and savings.
WHAT IS LTC?
-LTC is the kind of help you require for taking care of your personal needs, such as bathing, dressing, eating, continence, toileting and transferring.
-You might need this kind of help because of chronic medical or physical conditions resulting from accidents.
-Frequently, people with Alzheimer’s disease or other health conditions may need ongoing supervision as well as because of cognitive impairment/dementia.
-Services to meet these needs include care at home or in a community program like adult day care, as well as assisted living or nursing home care.
DON’T WAIT UNTIL IT’S TOO LATE, ACT NOW, the financial risks are too high and the potential burdens to loved ones are just too great to do nothing.
FOR A COMPLIMENTARY CONSULTATION OR QUOTE CONTACT US AT:
(888)234-0532 / (949)275-6233
michael@levineadvisors.com
www.levineadvisors.com
