Long Term Care
Good news! Affordable premiums now can provide hundreds of thousands of dollars later to provide quality care when needed.
LONG-TERM CARE FACTS YOU JUST CAN'T IGNORE
Of people needing long term care 40% are between ages 18 and 64.
The average length of time spent in a nursing home is 2.38 years.
The average age of long term care insurance buyers has decreased from 72 in 1990 to age 58 today.
In the year 2030 it is estimated that the average nursing home stay will cost $495,000.
More than 83% of people needing long term care live in the community.
70% of those over age 65 will require long term care at some point in their lives.
The specter of extraordinary long-term care expenses can spoil your retirement plans. Lay the risk off to an insurance company just as you do with homeowner’s and auto insurance. Enjoy your retirement years without the fear your assets will be consumed by the high cost of long-term care.