454 Las Gallinas Avenue
You have spent years saving so that you can enjoy retirement on your terms but have you considered what will happen to that plan if you become sick or injured during retirement? Without long term care insurance in California, you and your spouse have not anticipated one of the most common situations that retirees face.
Most retirees are likely to need some sort of nursing care or extended medical assistance during their retirement. The costs of that care averages over $6,000 per month for a private room in a nursing home, according to a recent national study.
Long term care (LTC) is care that you need if you can no longer perform everyday tasks by yourself due to a chronic illness, injury, disability or the aging process. Long term care includes the supervision you might need due to a severe cognitive impairment.
While we all hope to live a long and healthy life, people do get sick, suffer injury – or sometimes – simply reach a point where they have difficulty getting around the way they used to. According to the statistics, 70% of people over the age of 65 may need long-term care at some point in their lives. It used to be that people could rely on family members to take care of them if they needed long-term care. But as families disperse that may not be a viable option. With the cost of long-term care rising faster than the pace of inflation it is vital to plan ahead. Growing older can have many pleasures – however a long-term care illness can affect your ability to enjoy life fully.
Here are two reasons to get started right away!
Worried about the cost? Compared to the certainty of huge care costs, most find that the cost of long term care insurance in California very affordable.
California long term care insurance policy can protect your retirement dream for you and your spouse. The policy can be customized so that you can receive in-home care rather than being moved to a facility.
Our Long Term Care specialist Lisa O’Brien is available to provide you with an offer or further information. Contact Lisa at (800) 553-9293 X 105