The expense most retirement plans overlook.
Long-Term Care
Health insurance and Medicare cover very little extended custodial care. Long-term care planning is about deciding in advance how that care would be paid for — and who would coordinate it.
What to understand
Traditional LTC policies
Pay a daily or monthly benefit for qualifying care, after an elimination period.
Hybrid life/LTC
Life insurance with a long-term care rider, so the premium isn't lost if care is never needed.
Elimination periods
The waiting period before benefits begin — effectively a deductible measured in days.
Inflation protection
Care costs rise; benefit growth options help coverage keep pace.
Questions worth asking
- Would I prefer care at home or in a facility?
- What would that cost in my area today?
- Who in my family would coordinate care?
- How much of the risk do I want to self-fund?
Talk it through with Daniel
A no-cost consultation is the fastest way to find out which options actually fit your situation.