As you catch up at your holiday gatherings, spend some time considering your family’s future as well. It may turn out to be the right time to take the first step toward long-term care planning.
Annual premiums are a big commitment, but long-term care insurance “can potentially save you tens of thousands of dollars a year if you’re unable to care for yourself,” says Suze Orman.
Several people discuss why they have purchased long-term care insurance: It offers them choice and control over care if they were to need it. Plus they and their loved ones have peace of mind that there is a solid plan in place for future care.
What can you do to lessen the impact on your and your family? Start by learning about the cost of long-term care services and coverage options.
Waiting too long to address your long-term care needs can have serious consequences. LTCI can protect your finances and provide the care you need.