When you look to your future, do you feel optimistic? March is Optimism Month and it’s a great reminder that being optimistic is a wonderful thing. But, we also need to be realistic. If you have never considered long-term care insurance before, now is a great time to do it and to get a long-term care insurance quote. Don’t simply rest on your health, safety, and family history to assume you won’t require any type of long-term care at least in the next several years.
Accidents can happen at any time. Completely healthy individuals who were running marathons have suffered heart attacks and strokes out of the blue. Even people who have recently received a clean bill of health from their doctor after a thorough examination and many tests have suffered significant health emergencies all of a sudden.
It’s fine to be optimistic about your future and help, but we can’t rest on assumptions. Tomorrow is not guarantee for anyone. As the adage goes, cemeteries are full of people who had other plans that day.
While you are being optimistic about the future, don’t ignore what might be possible. If you are in your late 40’s or early 50’s, even if you are in your mid to late 50’s or early 60’s, don’t wait any longer to look into long-term care insurance.
What is long-term care insurance?
It is a supplemental insurance that can help pay for long-term care in the event it is required. You might not think this is all that important in your 50’s, but consider the cost of long-term care.
Depending on the type, the average cost of long-term care could range from close to $60,000 annually to over $300,000. And, with inflation and other financial pressures, the cost is only increasing.
What would a $300,000 a year bill due to your financial health? For most people, it would wipe out savings very quickly. When you consider that 64% of full-time working Americans don’t even have $400 saved right now, you begin to realize how serious the issue is.
The sooner you inquire about a policy, the better.
If you wait too long, the policy could be cost prohibitive. For example, if you start a policy that cost you hundred dollars when you turn 50, the price will hold for a while. But, if you look to start a policy when you’re 60, it could be $300 or more per month because of your age, health factors, family history, and more.
Don’t wait and rest on optimism. Be realistic. And look into long-term care insurance.
If you or a loved-one are considering Long-Term Care Insurance Quote in San Marcos CA, please contact Steve Elliott at Capstone Insurance for an honest discussion about your future and your options. Call today (858) 350-3161.
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