Many people think the phrase “long-term care” refers to an insurance policy. While insurance may be part of your strategy, long-term care encompasses everything from long-term services and support and finances, to where you will live and how you will navigate the myriad of legal, family, and social dynamics along the way.
Medicare estimates that 70% of the United States Population will need long term care sometime after they are 65 years old. That's worth restating again . . . SEVENTY PERCENT (70%) !!!
Stop reading. Look at the person beside you, or think of the person you are most closely related to. Which one of you will need long term care? With 7 out of every 10 people going to need it, that's higher than 1 out of 2 or (50%). So again, which one of you will need it? Unless you're one of the lucky 3 out of 10 that don't, there's a good chance you BOTH will.
It's time to start discussing the very realistic problem and your plan.
I am here to help in that conversation. Trust me, there are questions that you have not even thought of. Waiting to talk about it is like trying to learn to swim while you're already drowning. When you need long term care, it's too late to plan for it. Don't do that to the ones you love.
Call me and we'll start a discussion.
AJ Reiber
Bankers Life & Casualty Co.
317-652-1717
antolin.reiber@bankers.com
