Long-term care is something that most people may not think they need, or might think is covered by health insurance or Medicare. The fact is, if you live to be 65, there's a 70% chance you'll eventually need some kind of long-term care. But aging isn't the only reason to plan for long-term care—it's there for you if a chronic illness or disabling injury prevents you from living on your own or properly caring for yourself, no matter how old you are.
Long-term care helps with day-to-day tasks like bathing, eating, getting dressed, and getting in and out of bed. And it includes care provided by nursing homes, assisted living facilities, adult day care centers, hospice facilities, and skilled nurses or home health aides in your (or your loved one's) home. If you're not the one who needs it, there's a good chance you'll need to help care for a loved one. And having a long-term care plan in place can help you continue to live well without sacrificing the income, investments, and savings you've worked so hard for.
If something happens, a long-term care plan helps you have the funds ready when you need them.
Whatever choice you make, having a long-term care plan in place helps you afford it.
Planning for long-term care can help prevent losing a lifetime of savings.
Long-term care planning helps keep your legacy intact for your family, friends, or charity.
Let your loved ones be there for support without the burden of figuring out how to cover the cost of your care.
Seize your opportunitiesOur financial advisors can help with your long-term care planning and determine if it fits into your bigger financial plan.
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