For many older adults, the prospect of long-term care can become very costly indeed. It is estimated that one in four people in the United States will eventually require long-term care. Depending on the type of care you need, it could cost between $50,000 and $100,000 per year - in today's dollars.
Our financial advisors can aid you in significantly reducing the potential burden of your long-term care down the road. We can help you evaluate and choose a reasonably priced plan to cover the costs of home health care, assisted living care, and nursing home needs.
The earlier you begin looking at plans, the lower the rates you can expect to see. For instance, if you start looking at plans as early as age 50, you may be able to save significantly versus if you started at age 70.
In many instances the cost to protect your entire estate is a very small percentage of the return of your current portfolio.
Advisory Services offered through Investment Advisors, a division of ProEquities, Inc., a Registered Investment Advisor. Securities offered through ProEquities, Inc., a Registered Broker-Dealer, Member, FINRA & SIPC. Skoda Minotti is independent of ProEquities, Inc.
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