70% of people over the age of 65 will need long term care services in their lifetime.
If your parents are under 75 and are relatively active and healthy, they may be eligible to purchase Long Term Care Insurance for themselves. Long term care insurance covers expenses for amazing home caregivers and nursing homes. It provides coverage associated with daily living activities such as eating, bathing, dressing, and other needs. It may also be used for chronic illness or injuries that require extended rehab.Long term care insurance is something that both you AND your parents should have.
Planning for a post-retirement life is almost as complex, and expensive, as planning for college. The more you take control of now, and the better plan you have in place, the less you have to worry about as you and your parents age.Reach out to me and let’s set up a time to chat. Let me know what your worries are, and I’ll see how I can help. I promise no sales pitches, just a friendly ear to listen and an empathetic heart to guide.