Planning For LTC (continued)


Long Term Care Insurance (LTCi)
LTCi is the weapon of choice in the fight against the debilitating
costs of long term care. It has become an integeral part of
retirement planning an essential tool in preserving assets.
With no other funding source in place, your retirement savings
are the first line of defence against medical risks that will most
likely happen. LTC is the single most catastrophic financial risk you face and can devastate a lifetime of savings.
Insuring what you
have planned and worked so hard to build is a smart financial move.
Long Term Care Insurance is not well understood by most people
and this can be a major reason that it is "put off for another day".
It is important to work with an agent who is specialized in the long-term
care field and who represents several different companies.
A good agent will help tailor a contract to your particular circumstances and steer you towards the company whose
contract
offers the best financial value for you given your health and
financial situation.
.... for more information
see "Shopper's Guide To Long Term Care
Insurance"
...go back to Planning For LTC
Wall Street Journal -
"The 10 biggest mistakes investors are
making with their retirement savings
#1?
Failing to prepare for long term care" |
|