November is Long-Term Care Awareness Month

From the American Association for Long-Term Care Insurance – November is Long-Term Care Awareness Month.  Even the U.S. Congress has urged “the people of the United States to recognize (this) as an opportunity to learn more about the potential risks and costs … and the options available.”   AARP reports that the lifetime possibility of a 65 year old becoming ADL (activities of daily living) disabled or cognitively impaired  is 44% for men and 72% for women.  I’m proud to support this important educational campaign.

Smart reasons to think about long-term care as part of your overall financial plan.

You protect against other risks like a car accident or house fire.  A need for long-term care is a risk to your savings and to your retirement.  It will impact your family and loved ones.   Just as it is smart to plan ahead for retirement, it’s smart to plan now for long-term care.  Here are some things you should know:

Buy before age 65; avoid the high cost of waiting.  Your age and your health are important factors that determine the cost of long-term care insurance protection.   Costs are based on your age at application and go up each year.  By waiting to purchase until you are closer to retirement you might find it’s just too expensive to buy this important protection.


At younger ages you can lock in good health special savings.  Your good health today can help you ‘lock in’ preferred health discounts that won’t change even if your health does. If you currently have a health condition it’s especially important
to find out if you can health-qualify before it may get worse.

Discounts can help significantly reduce the cost.  I believe you will be surprised by how affordable long-term care insurance protection
can be for some of the newer plans suited for people your age.  Today, there are ways to reduce the cost of long-term care insurance; savings available when you plan ahead.

The first step is in your hands.
Getting the information you need to make an informed decision is always a smart move.

Waiting is never advantageous.

I encourage you to take this first step.  Call me at 973-771-5120.  Let me tell you what long-term care protection costs for someone your age.

Make Long-Term Care Awareness Month the time you start planning.  Please pass this reminder along to anyone who you feel should be thinking about Long-Term Care.

Although information herein has been obtained from sources deemed reliable, its accuracy and completeness are not asserted. All opinions and estimates included in this report constitute the judgment of the financial advisor as of the dates indicated and are subject to change without notice. This report is for informational purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security.


Investing involves risk and you may incur a profit or a loss. Diversification does not ensure a profit or ensure against a loss. There is no assurance that any investment strategy will be successful.  Past performance is no assurance of future results.

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