${site.data.firmName}${SEMFirmNameAlt}
Throughout Southern California
310-324-9403
Toll-Free
866-402-1805
View Our Practice Areas

Long-Term Care Insurance - Protection From Living Too Long

6a017d3e6b2617970c0192ac30d92c970d-320wi.jpgThe biggest mistake often made with long-term care planning is putting it off until health issues can make LTC planning much more costly or impossible to qualify for. When you consider the potential financial impact of not planning for long-term care, planning for LTC should be an important part of any retirement plan.

Planning for the golden years is about a lot of things, many of them being important "finally I get to ..." moments. However, before you tackle that "bucket list," be sure to nail down some important financial considerations. For example, how would you pay for long-term care if needed?

Increasingly, one of the most important considerations is planning for the possibility and costs of long-term care. It is becoming the cornerstone of new later-in-life financial plans for many retiring and retired Americans.

MarketWatch recently surveyed this concern in a article titled "Long-term care planning [is] too vital to ignore."

You see, the math is fairly simple. People are living longer and, therefore, so are their financial needs later-in-life. Meanwhile, healthcare is still disastrously expensive, especially at that life stage.

As a result, if you only plan for your retirement and for your estate, but not also for your later-in-life and potentially long-term care needs, then you find yourself in financial jeopardy later. You could have more life left at the end of your money, to be blunt.

As the title of the original article notes, including long-term care planning as part of your retirement planning is simply "too vital to ignore."

No Comments

Leave a comment
Comment Information
Email Us For A Response

Find Out The Difference That Experience And Expertise Makes

Get the peace of mind that you deserve. First, attend a seminar. This will entitle you to a free initial consultation and a discounted estate planning fee. To learn more about our services or sign up for a seminar, contact us online or call us at 866-402-1805. We have offices in Torrance, Orange, Newport Beach, Pasadena and Woodland Hills.

Questions? Contact Us.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Call Now For A Free Consultation: 866-402-1805
  • ${site.data.firmName}${SEMFirmNameAlt}
  • Main Office: Torrance

    Torrance Office
    990 West 190th Street
    Suite 500
    Torrance, CA 90502

    Toll Free: 866-402-1805
    Map & Directions

    Orange Office
    333 City Boulevard Street
    17th Floor
    Orange, CA 92660

    Toll Free: 866-402-1805
    Map & Directions

    Newport Beach Office
    5000 Birch Street
    Suite 8000
    Newport Beach, CA 92660

    Toll Free: 866-402-1805
    Map & Directions

    Pasadena Office
    790 East Colorado Boulevard
    9th Floor
    Pasadena, CA 91101

    Toll Free: 866-402-1805
    Map & Directions

    Woodland Hills Office
    5850 Canoga Avenue
    4th Floor
    Woodland Hills, CA 91367

    Toll Free: 866-402-1805
    Map & Directions

    Office map