None of us know for sure whether or not we will need long term care. What we do know is that the care is expensive, and the need can last for years.
And what we also know is that it’s smart for each of us to have a plan in place to help pay for long term care. To help lift the burden from the shoulders of our loved ones. A plan to provide money at the most vulnerable time in our adult lives. A plan to help us maintain the retirement that we were counting on – one with dignity and quality of life.
However, having a plan in mind – without taking any action to make it a reality – will be useless when the need for care arrives. To benefit from the knowledge you have just received, take action now. Taking action now can help ensure that you have the resources to pay for the kind of care you want. In addition, having a plan in place when the need arises will allow you to substantially lift the burden of care giving off your loved ones. Please respond to your nurse advocate and decide whether or not to obtain LTC insurance.