Long-Term Care Insurance

On average, an American turning 65 today will incur $138,000 in future long-term care costs.1 One in seven adults will have a disability for more than five years, and the median annual cost of nursing home care in the US is $100,3752. Given these statistics, a sound retirement plan should address these costs and factor in how they will be covered. One solution for this may be buying a long-term care insurance policy.

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