The Retirement Stool

Retirement Stool

Retirement Stool

Why Do People need to People need to view their Retirement as a Three-legged Stool?

With over 70% of people needing long-term care insurance in their life time, and over 10,000 people retiring every day, have the right long term care insurance, Medicare, and Investments is now more important than ever.

What settings does Long Term Care Insurance Cover?

Long Term care insurance coverage plans differ, but generally they cover

-Home Health Care

-Nursing facilities

-Assisted Living Facilities


What is the retirement Stool? How do I not fall?

  • The First Leg is their guaranteed income which you and your partner must live off.
  • The Second Leg is your estate, what is going to be left to your heirs and offspring. Be it your house, land, investments, or equities.
  • The Third Leg is the one most people forget. It is their Long-Term Care Insurance which covers home health care, nursing facilities, and hospice. A lot of people think their Medicare or health insurance covers these things. But they don’t. In fact, until your estate and guaranteed income is drained to below $2,000 you will not have access to Medicaid nursing facilities. Not to mention there is no guarantee that these institutions will be around in the future, a recent bill was proposed to cut Medicaid funding by 70 million dollars.

So How do I Pay for Long Term Care?

We are fortunate companies have found new and innovative ways to provide long term care coverage, without breaking the bank.

There is Conventional Long-Term Care Insurance which acts like conventional insurance, where you pay a monthly or annual premium and receive coverage in exchange

Then Their is Asset Based Long Term Care which accures value and leveraged Exsisting resources for Long term Care Purposes

Here are some other Policy Reviews: Securian Secure Care, NationWide CareMatters II, One America Asset CareMass Mutual CareChoice One, Lincoln Money Guard, American General Quality of Life, MassMutual CareChoice One.