If you are an investor, think about your portfolio right now. How pleasant would it be having to pull $6,000 a month from it today for eight hours a day of home care? Or $18,000 a month 20 years from now? Or $24,000 a month 30 years from now?
Which stock or property would you sell?
If you have made the decision to self-insure for extended health care, also known as long-term care, perhaps this market can urge you to reconsider.
Self-insuring for long-term care goes beyond the financial impact. It is likely you will not be making these decisions. It is likely your spouse or adult children will be. Is this a position you want them to be in?
What if the money for your care could come out of an account with a guaranteed balance…
· That is guaranteed to grow each year
· That is guaranteed to be tax-free
· That is guaranteed to provide $5 to $10 for every $1 of your self-insurance fund?
· That is guaranteed to return the premium to your family if you never need care?
And finally, what if your family would never have to worry again about where the money for your care is going to come from?
If this idea is remotely of interest, click here to complete a short questionnaire and request a no-obligation consultation to see how this type of guaranteed account can be set up for you and can also include your spouse or partner if you are part of a couple.
