Is Long Term Care Insurance for me?

You’ve done a good job saving for retirement. You’ve got your living expenses covered, with something left over for some travel and fun.
Just one thing: Did you remember to plan for long-term care? It’s no fun to talk about, but the unfortunate truth is that many of us will have a need for long-term care sometime in our lives.
But still no one wants to talk about it. You have to make a decision as soon as possible. Because the more you delay, the more expensive it can be...or maybe you even can not apply anymore due to health problems.
Other question you have to ask yourself :

Can you count on a family member when that need could be many years down the road? Do you really want to put this issue over the shoulders of your loved ones? They do have their own lives and problems. You should not count on them.

You could self-fund your care if you’re sufficiently wealthy—but do you want to allocate a substantial portion of your retirement assets to pay for long term care, when that money could be earning a return and funding retirement for your spouse when you’re no longer around? 

If you do decide to buy a policy, it’s important to shop carefully and get good advice. Insurance companies can’t cancel long-term care policies and can’t change the terms—but neither can you. 


For a free quote send us an e-mail to anecamara@mintcofinancial.com

with the answers  for the questions below:

Do you own assets worth over $75,000? (Do not include your home or car.)
Age:
Do you expect to have annual retirement income over $30,000 individually, or over $50,000 including your spouse?

We will provide you a free quote from the Top Insurance Companies such as Genworth & John Hancock.

www.MintcoFinancial.com