There are lots of Decisions in your mid-60’s you have to make!

In addition to Medicare decision you are faced with the OPPOSITE form of care- Extended Care or Custodial Care!

Why is it critical to make this decision? Because the likelihood needing care at HOME or FACILITY is around 70% according to many studies and Department of Human and Health Services is stressing this. And your State of residence knows it too!

And for those of us living in RURAL AMERICA, this health-care expense is also a BIG CHALLENGE!

(By the way, Medicare doesn’t cover these expenses. Your Family and your Finances have to pick up these expenses.)

“When a loved one goes down and needs care at home, the stress in the family goes up. Who is going to stay by their side 24 hours per day, and 7 days per week? Which shoulders will this responsibility fall on? How long can that care-taker last with this stress and schedule?

Now there is a plan that pays CASH to have anyone help care when the crisis happens! (See state approval for short-term care plans)

Some of us have gathered up $500,000 or more for Retirement Years. And now we are concerned about our Savings draining away for a long-term care event!

Long-Term Care plans are built to take care of those care events that are 2 years to 6 years (or forever).

There are many types of plan options to choose from when looking to PROTECT your Retirement Savings while giving more for your Family for the future!

 

Long-Term Care expenses are the hidden “Retirement Savings Killer”. Each Retiree is expected to pay out of their own pocket.

So some STATES are studying how to implement a Payroll Tax to build up the State’s budget when people fall into Medicare (impoverished) and the STATE has to take over the person’s care.

Mark goes over 4 questions in this short video (from Nov. 2023)

 (1) Why are other States following WA State on LTC tax? (2) What are the types of LTC policies are there? (3) Why have a LTC policy? (4) What keeps me from getting a policy?

When it comes to planning to protect your hard-earned Retirement Savings from the drains of Long-Term Care expenses, there are 2 types of LTC policies:

1. Health-based STC or LTC policies

2. Asset- based LTC

Each has their own benefits. And also downfall if not chosen for the right purpose.

This is why it is especially important to have a Certified LTC specialist guide with questions and suggestions so that the right fit can be made with Family and Financial objectives in mind.

Mark Rogers has been helping Rural Retirees across the Pacific Northwest for almost 20 years. He enjoys the small family farm that he shares with this family, and enjoys traveling across the rural countryside visiting new friends and clients to help solve critical Retirement problems.

He finds that Clients that he works best with are Retired Couples who love their freedom, love their families, desire to have the best health-care options available, are interested to learn about strategies to build control and security, and desire an ongoing reviews each year to update progress in their own Retirement Journey.