November is Long-Term Care (LTC) Awareness Month.
LTC insurance is a critical but often overlooked component of retirement planning. The U.S. Department of Health and Human Services estimates that 70 percent of 65-year-olds will need some type of long-term care. Medicare usually doesn’t cover long-term care services like assisted living or skilled nursing care. Without proper planning, the burden of providing elder care and nursing services often falls to a spouse or another family member. A plan for LTC coverage can help minimize the financial and emotional impacts on your loved ones if you end up needing these services. If you would like to see if LTC coverage makes sense for you, your family, and your financial future, please contact me and let's review your options. You may reach me by phone at (804) 665-1589 or e-mail at email@example.com.