1. Where Do You Want Your Money To Go?

    One of the ongoing issues we see people struggle with is whether they have enough money to fund their own long-term care plan. It has been an ongoing claim from many advisors that if you have enough money, whatever that number is, you can simply pay for your own care and not worry about an insurance policy. But the real question should be, where do you want your money to go? Consider, every dolla…Read More

  2. Client of the month: Limited Pay, Asset Based, Lifetime Benefit

    Husband 52 and Wife 50 wanted a long-term care plan that was paid for before they retired.  They also wanted to make sure there was value in the plan should they not need care but wanted unlimited protection should they need care. We structured a plan with 10 guaranteed level payments of $18,734. Meaning after the 10th payment, the plan is paid in full and no further premiums are due.  The plan …Read More

  3. He’s Your Uncle, Not Your Sugar Daddy

    For some reason, the majority of Americans believe Uncle Sam is going to take care of them when they end up in a long-term care situation. A recent survey by the Nationwide Financial Retirement Institute found that over 70% of affluent baby boomers (income over 150k) believed that Obamacare will fund the costs of long-term care.  Neither the Affordable Care Act nor Medicare will pay for long-term…Read More