Archive - August 18, 2020

New Advantages to Long Term Care Planning

New Advantages to Long Term Care Planning

Disclosure: This article is sponsored by Navy Mutual.

Have you ever considered long term care coverage? If not, you should. An overwhelmingly large percentage of the population will need some form of long term care as they age.

As many as 69% of the people turning 65 this year will need some level of long term care. 15% of those people will spend $250,000 or more on those care costs.

Let that sink in for a moment. Without proper planning, long term care expenses have the potential to significantly impact your life savings or create an excessive financial burden …

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