70% of Americans over 65 will need some form of long-term care. Don't let those costs wipe out a lifetime of savings. Glenn will help you plan ahead.
Pay for in-home care so you can remain in the comfort of your own home as long as possible.
Cover the high cost of nursing home or assisted living facility care when needed.
Avoid placing the burden of caregiving on your spouse or children — preserve family relationships.
Prevent long-term care costs from depleting your retirement savings and estate.
LTC insurance covers services that assist with activities of daily living (ADLs) such as bathing, dressing, eating, and mobility. This includes home care, adult day care, assisted living, and nursing home care.
The best time to buy is in your 50s or early 60s, when premiums are lower and you're more likely to qualify medically. Waiting too long can result in higher premiums or denial of coverage.
In Texas, nursing home care averages $5,000–$7,000+ per month. Home health aide services average $25–$35 per hour. LTC insurance helps cover these significant costs.
Yes, a portion of LTC insurance premiums may be tax deductible depending on your age and whether you itemize deductions. Glenn can help you understand the tax advantages.
The best time to get LTC coverage is before you need it. Call Glenn today for a free, no-obligation review of your options.