Long-Term Care

Let’s look at a few statistics.

  • 70% of all Americans who live to age 65, will require some form of Long-Term Care.
  • The average stay in a Long-Term Care facility is about 2.5 years.
  • The average cost of a semi-private room in a Florida nursing home is about $7,000 per month.
  • Medicare doesn’t pay for Long-Term Care.
  • Many Baby-Boomers have had to deplete their retirement accounts to help pay for their parents’ Long-Term Care.
  • Long-Term Care insurance may be an option, if it is purchased while a person is still young and healthy.
  • Other insurance options may be more beneficial, depending upon a number of health and financial factors.

Long-Term Care is never easy, but it doesn’t have to be a financial disaster. Know your options and have your plan in place. Contact us for a free consultation.