The Long Term Care (LTC) Blog
Beware insurance agents offering new “can’t lose” long term care insurance
Insurance companies are wooing insurance agents with something they are already familiar with – life insurance – with what looks like a neat extra benefit: it will also pay for long term care (LTC). It’s a two for one deal–it pays for LTC, and if that is not needed, your heirs get the life insurance…
Read MoreLong-Term Care: Tips for Planning and Paying
It’s not a pleasant scenario: your health has deteriorated to the point where your spouse can no longer take care of you on their own, and you need to consider long-term care. Or you had a fall that broke your hip, and surgery is out of the question. Or your memory is failing. Our bodies…
Read MoreDo You Want to Receive Home Care, but can’t afford it?
As you age, and fear that the time may come when you need help with day to day activities such as getting up, dressed, and preparing breakfast, do you worry how you might pay for such care? You’ve heard it is expensive. You cannot afford this care or are not healthy enough to purchase Long-Term…
Read MoreI Need Advice and Resources
A family member or loved one needs long term care and needs advice. Where do I go to find this? What will this cost? We don’t have enough money to pay for this kind of care, what can we do? Babies do not come with instruction manuals and neither does long term care. Just like…
Read MoreTwo Million Dollars in 30 years for $3500 per year
If you could start a plan that gives you 2 million dollars for you and 2 million dollars for your spouse’s Long Term Care that costs $3500/year, would you be interested? Fifteen years ago a nursing home was $4500/month. Today it is $10,000 a month. In 30 years, when todays 55 year olds are 85,…
Read MoreBeen Turned Down for LTC Insurance?
Have you been turned down for LTC insurance? Would you like to get some if you could? Give TheLongTermCareGuy.com a call at (920) 884-3030 and let’s get you a policy. I have two companies you can only buy from once you are already in a LTC facility. That’s right, already in care. Two different companies.…
Read MoreDebtors Prison: A throwback to generations ago
Debtors prison (long ago) was where you might end up until you could pay your bills or get someone to pay them for you. How does this relate to Long Term Care? Long term care is very expensive, and most Americans have not prepared for it. When an assisted living facility costs $4000/month for hands…
Read MoreYou Too Can Be a Hero
You can be a hero because you’ve got a “guy”! At some point in your life, you will know of a friend or loved one who will need care in their later years. Unless they are wealthy or have LTC insurance, they will rapidly spend down to impoverishment and end up on a program called…
Read MoreFinancial abuse against the elderly most often committed by those closest to them
Quote: “While 68% of older investors believe that a stranger would be the likely perpetrator of financial exploitation against them, the reality is starkly different, according to Wells Fargo & Co., which released the results of its elder needs survey on Tuesday morning. Two-thirds of financial crimes against the elderly are committed by those who are…
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