Long-term Care
Long-term care insurance is essential to those over the age of 50. Statistically, the chances of needing long-term care is 50% at the age of 65 and almost 70% at the age of 72. The current cost of long-term care, whether in a care facility or at home, is approximately $120,000 per year and is expected to rise in the future by at least 10% per year. We work with the most highly respected companies providing this type of coverage, including Mutual of Omaha, Transamerica, Genworth and others. It is absolutely essential for individuals to have a plan to pay for this almost inevitable cost.