Protect Your Retirement Investments with Long-Term Care Insurance
You’ve been diligent to save and work hard. You have been planning for your retirement since you started your career. Your 401(k) is doing great, your investments couldn’t be better, and your savings account continues to grow. As you move through your late 40’s or through your 50’s, you have your eye on retirement.
Long-Term Care Insurance Encinitas CA – Protect Your Retirement Investments with Long-Term Care Insurance
You’re confident you will be able to enjoy those retirement years. Perhaps you and your spouse want to travel. Maybe you expect to take on certain hobbies you put off because of your career or raising children.
This can be a wonderful time of your life. But, you need to make sure your retirement investments and savings are protected for the future.
Long-term care insurance is another tool to help you do just that.
It’s not the only tool and, to be honest, there’s no feasible way to completely protect every investment you have, but if you ignore the prospect you might need long-term care sometime in your future, you are doing so at your own risk.
Few people ever think they will need long-term care in the future. Most people never think they will be involved in an accident that leads to serious injuries. Most people never think they will develop cancer, but these health issues have been every day.
Hospitals and cemeteries are full of people who had different plans for those particular days. It’s not how we plan for the future that matters most; it’s how we plan for the unexpected.
How long-term care insurance can help protect your retirement.
Let’s say you retire at 65. You start enjoying your new life, traveling, seeing the world, and experiencing all those things you always dreamed of doing.
At 66 you suffer a stroke or other serious medical emergency. You spend several weeks in the hospital before transitioning to a nursing home. Your health insurance is covering most of this, aside from your co-pay and deductible.
The road to recovery is going to be incredibly long. Yes, it can be dejecting, but you have hope to return to your full strength and mobility at some point in the future. It’s going to take many, many months, possibly even a year or two.
You might have to spend six months or more in a nursing home and then rely on home care and physical therapy. Guess what? Your insurance is not likely going to cover any of that.
Which means you will have to pay for that out-of-pocket. Did you know that one year of nursing home care in Alaska can cost you more than $325,000?
Now you see how long-term care insurance could help protect your personal savings and investments for your retirement years.
If you or a loved-one are considering a Long-Term Care Insurance in Encinitas CA, please contact Steve Elliott at Capstone Insurance for an honest discussion about your future and your options. Call today (858) 350-3161.
I work with all the major insurance companies and my objective is to help my clients determine if long term care protection makes sense for them and if so, to help them shop the market to find the best company at the best rate
I specialize in Traditional Long Term Care Insurance as well as Hybrid Long Term Care Plans which are either a combination of Life Insurance and Long Term Care or an Annuity Plan with Long Term Care
I’ve been specializing exclusively in Long-Term Care Insurance Planning for over 21 years.
Steve was recognized as a 2003 Long Term Care Expert of the Year at The National Long Term Care Producers Summit
2006 was awarded Senior Market Advisor of the Year Finalist by Senior Market Advisor Magazine
National Speaker for Numerous Industry Meetings
Awarded Nations Top 10 Agent 8 times by the American Association of Long Term Care Insurance
Author of numerous published articles on long term care planning
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