For years, you’ve been imagining all the things you’ll do in your retirement. Travel the world. Restore a classic car. Spend time with your kids and grandkids. Whatever you hope to do once you stop working, you’ve probably thought a lot about it. Have you considered the fact that 70% of people turning 65 today will eventually need some form of long-term care (LTC) in their lifetimes?
For many people, the possible need for future long-term care can be a difficult topic. But adding an asset-based, long-term care solution based on whole life insurance to your overall financial strategy can help protect yourself, your loved ones, your retirement and your legacy.
If you do need long-term care, you’ll want to:
Control your care- taking steps now to understand and prepare for your future can help you maintain control over your care options.
Maintain your independence- specifying your preferences for future needs can ensure you get the kind of care you want, remain independent as long as possible and preserve your dignity.
Protect your family-planning for care now allows your friends and family to care about you — instead of having to care for you.
Preserve your assets- knowing that you’ve planned for the future, you can ensure that long-term care won’t impact your ability to leave a lasting legacy to your family, favorite charity or place of worship.
Our long-term care care solutions can help you pay for almost any level of care, ranging from local care during the day to more specialized support: Home health care, Assisted living, Nursing home, Adult day care and Hospice.