With 7 out of 10 people over age 65 needing long term care (LTC)* during their lifetime, there’s a good chance you have clients who will need to pay for this expense.
Even if costs remain flat, just a few years of LTC can significantly reduce your clients’ assets and have a substantial impact on their retirement plans (1 – 3 years is average** for an event requiring care).
You can help your clients prepare for this need through a wide variety of LTC funding solutions. The key is understanding these various products and how each of them addresses their specific needs a little differently.
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Even if costs remain flat, just a few years of LTC can significantly reduce your clients’ assets and have a substantial impact on their retirement plans (1 – 3 years is average** for an event requiring care).
You can help your clients prepare for this need through a wide variety of LTC funding solutions. The key is understanding these various products and how each of them addresses their specific needs a little differently.
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