Thinking of Long-Term Care Soon
You’ve been planning for retirement for a long time. Maybe you started saving in your 20’s. If so, you are the exception rather than the rule. Maybe you only started recently thinking about retirement, your insurance coverages, your long-term care quote and coverage, should you get sick, and then saving more.
Long-Term Care Insurance Quote Oceanside CA – You Might Need Long-Term Care Sooner Than You Think
You might have a 401(k) through your employer. That’s all well and good, but you recognize the need for other investments. You also start realizing that life insurance is a responsible thing, especially if you have family who depend on you.
You know what else is responsible? Long-term care insurance.
“But I don’t need long-term care right now?”
That’s why it’s called insurance. You aren’t planning on dying anytime soon, are you? If you are relatively healthy and in your 40’s, you most certainly aren’t. However, it could happen at any time.
Or, it might not happen until you are in your 70’s, 80’s, 90’s, or even older. But would you still carry life insurance in your 40’s? Most likely you would. Why?
Because you want to protect your loved ones in the event something unexpected does happen.
That’s the same idea when it comes to long-term care insurance. You may very well not think much about long-term care or ever believe you’ll need it, but the older you get, the more likely there will come a time when you do need some type of long-term care.
Won’t Medicaid cover Long-Term Care?
This is an incorrect misconception many people have when it comes to long-term care. Medicare or Medicaid may only cover a couple of weeks before, at best, a month or two of short-term care, but when it comes to long-term care, Medicaid is only going to provide that coverage after the senior has used up all of their available assets.
That may include the value of their house. Imagine having to sell your house or take out a reverse mortgage to pay for nursing home care in your 70’s because you suddenly realize Medicaid wasn’t going to help until all of those assets in savings were used up first.
You could quickly run out of your retirement fund, savings, and have to sell your house. You don’t want to do that. That’s why long-term care insurance can be so valuable.
The earlier you get a quote and start a policy, the more affordable it can be with regard to monthly payments. So, being in your late 40’s is not too early. Health emergencies and accidents can happen at any time. Protect your savings, your retirement investments, and your family with long-term care insurance now.
If you or a loved-one are considering Long-Term Care Insurance Quote in Oceanside CA, please contact Steve Elliott at Capstone Insurance for an honest discussion about your future and your options. Call today (858) 350-3161.
I work with all the major insurance companies and my objective is to help my clients determine if long term care protection makes sense for them and if so, to help them shop the market to find the best company at the best rate
I specialize in Traditional Long Term Care Insurance as well as Hybrid Long Term Care Plans which are either a combination of Life Insurance and Long Term Care or an Annuity Plan with Long Term Care
I’ve been specializing exclusively in Long-Term Care Insurance Planning for over 21 years.
Steve was recognized as a 2003 Long Term Care Expert of the Year at The National Long Term Care Producers Summit
2006 was awarded Senior Market Advisor of the Year Finalist by Senior Market Advisor Magazine
National Speaker for Numerous Industry Meetings
Awarded Nations Top 10 Agent 8 times by the American Association of Long Term Care Insurance
Author of numerous published articles on long term care planning
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