Long-Term Care

Long-Term Care Planning

Protect your retirement assets from the high cost of long-term care — before you need it.

What Is Long-Term Care?

Long-term care refers to ongoing assistance with daily activities — bathing, dressing, eating, mobility — due to aging, chronic illness, disability, or cognitive decline. It can be provided at home, in an assisted living facility, or in a nursing home.

The costs are significant: a private nursing home room averages over $108,000 per year, and assisted living averages over $54,000 per year. Medicare covers almost none of this — it only pays for short-term skilled nursing care after a qualifying hospital stay.

Without a plan, a long-term care event can rapidly deplete retirement savings. Deborah helps families explore their options before a crisis occurs.

Traditional LTC Insurance

Dedicated long-term care insurance that pays a daily or monthly benefit for care costs. Premiums can increase over time.

Hybrid LTC Insurance

Combines life insurance or an annuity with a long-term care benefit. Premiums are fixed and unused benefits pass to heirs.

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Self-Funding

Setting aside dedicated retirement assets to cover potential care costs. Requires significant savings and careful planning.

Explore Hybrid LTC Planning

Hybrid LTC policies offer the best of both worlds — dedicated care coverage with a money-back guarantee if you never need it.

Explore Hybrid LTC
Helen the Wise Owl

Plan for Long-Term Care Before You Need It

Deborah will walk you through your options and help you find the right strategy for your situation.