Long Term Care Alternatives

How are you going to pay for your Long-Term Care?

After 4 decades in the business, I’ve witnessed the universal concern for clients of “How am I going to pay for long term care?” Almost everyone over the age of 60 has had personal experience with an older relative or friend that needed some kind of assistance with what are commonly known as “Activities of Daily Living”. It is uncomfortably common for people needing this assistance to end up spending down, either partially or totally, assets that they’ve worked a lifetime to accumulate. Interestingly enough, it doesn’t seem to matter how much someone is worth, the concern that they don’t want this to happen to them is amazingly consistent.

See article by my colleague Bob Larkins on The Case for Life Insurance to Cover Long-term Care Expenses