If you are like many Americans, you are saving money in your employer’s 401(k) plan or similar retirement account.
You might watch your account balance go up and down, depending on how the markets are doing that day. You probably wonder when you will have enough money to retire, or if you are at risk of running out of money during your retirement years.
“Too many people ignore perhaps the biggest risk to your savings and investments, and that is the cost of long-term care. The financial costs and burdens of aging have an enormous impact on you, your family, your savings and income, and your lifestyle and legacy. Start thinking about it now,” said Matt McCann, one of the nation’s leading experts on long-term care planning.
McCann says affordable Long-Term Care Insurance provides you with guaranteed benefits providing you with access to your choice of quality care either in your home or in a facility of your choice. Plus, you safeguard your assets and reduce the stress and burden otherwise placed on those you love.
“When you have an affordable LTC policy in place, you will enjoy peace-of-mind knowing your legacy will stay in place, and your family will not be forced into becoming caregivers,” said McCann.
Long-Term Care Insurance is medically underwritten at the time of application. Experts, like McCann, suggest establishing a plan before you retire, ideally in your 40s and 50s.
Policies are custom designed based on your specific goals and concerns. Tax incentives for some people are also available. Most states now have rate stabilization rules, which make it very difficult to raise premiums in the future.
Working with a specialist is essential since most financial advisors and general insurance agents have little or no experience in this area. McCann works with the major insurance companies and has over 20 years of experience with thousands of clients nationwide.
His unique process allows an individual or couple to view McCann’s computer screen on their own computer while speaking to him on the phone. It’s an easy and pressure-free way to learn and compare all the options from all the companies.
McCann recommends an outstanding online guide to Long-Term Care Insurance:
https://www.ltcnews.com/resources/guides/the-ultimate-long-term-care-insurance-guide. Then research the current and future cost of care where you live with this online calculator: https://www.ltcnews.com/resources/states. McCann’s website also provides comprehensive information.
McCann Insurance Services: 866.751.7957: www.mccannltc.net