IT'S A FACT!
Just one year in a Connecticut nursing home can cost more than $109,000. With an average length of stay of 2-1/2 years, the average cost for a nursing home stay could be close to $270,000.*
You may have a 401(k), a diversified portfolio, a retirement nest egg.
You’ve thought of everything – except for how to protect these assets should you need long-term care.
Medicare and health insurance may only cover a fraction of these costs. Medicaid covers long term care for the poor, mostly individuals having $1,600.00 of assets or less!
Now there’s a way to help protect your life’s savings. If you’re 40 or older, you may want to consider adding long-term care insurance as part of your retirement plan.
Even if you’ve put aside money for your retirement, such as through a 401(k), these assets are potentially vulnerable should you need long-term care. Contact us to see how long-term care insurance may be able to help protect
your retirement investments. |
