Advanced Health & Long-term Care
Long-term care planning is a must for anyone retiring. Knowing how much is needed for long-term care, however, can be tricky.
Did you know?
- 70% of people over 65 need some type of long-term care (LTC).1
- Women need LTC longer (3.7 years) than men (2.2 years).1
- 20% of 65 year olds are expected to need long-term care for longer than five years2
Lundervold Financial can help you plan ahead for potential expenses and determine how much you may need for long-term care to help you preserve against rising health care costs. You will learn what Medicare parts A, B and D cover, what options you have for potentially improving your coverage situation, alternatives to traditional insurance products and who you need on your advance care planning team.
Ask yourself these questions:
- Does your retirement strategy account for today’s high-cost health care world?
- How much will long-term health care cost you and your family as you age?
- If you are married, are you prepared for double the amount?
- Will Medicare and your major medical insurance policies cover these expenses?
- Are you prepared for medical emergencies?
The longer you live, the more your health care costs are likely to increase. If we only knew how long we’d live, then we could plan with certainty! At Lundervold Financial, we will take a look at your portfolio and discuss your financial goals, anticipated needs and help you decide the optimal plan-of-action for your retirement.
