Long Term Care Planning Considerations
Not counting your home, do you have assets ranging from $200,000 to 5
million that you want to protect from catastrophic health care costs?
Did either parent reach their late 70s, 80s or beyond?
Some scientsts acknowledge that a parent's longevity can be an indicator of your chances of
living a long life.
Is there a family history of Alzheimer's or Diabetes?
Alzheimer's Disease is the #1 reason for the largest long-term care claims
and costs. Diabetes is also increasingly common.
Would an extra bill of $30,000 to $80,000 a year in retirement be a
problem for you?
What if you needed care for 2 years, 3 years or longer?
Do you live with someone who can provide care?
Who will care for you if you need help with simple things like getting in
and out of the shower or buttoning a blouse?
When you retire, are you considering a move?
Have you considered the cost for home care, or Assisted Living in your own
area, or where you might retire?
7941 Ravenna Rd., Hudson, OH 44236, (330) 656-0007.
Copyright (C) 2009 Nye Financial Group, Inc., All rights reserved.
Copyright (C) 2009 Nye Financial Group, Inc., All rights reserved.
For questions or concerns about our web site, please contact
webmaster@nyegroup.com.