Avoiding Long Term Care blowing up your retirement plan by Les Robinson CLTC

I work with individuals and family develop a long term care program to protect your retirement, wealth, independence, family, freedom of choice and peace of mind.
By: Les Robinson CLTC
 
 
Les Robinson CLTC Long Term Care Planner
Les Robinson CLTC Long Term Care Planner
AMHERST, N.Y. - May 4, 2016 - PRLog -- Avoiding  Long Term Care blowing up your retirement plan

Long term care costs can easily drain one's finances. According to the Harvard University Study in Compensation & Benefits Review, 72% of Americans become impoverished after just one year of nursing home care. Medicaid only covers nursing home bills after a loved one is spending down of assets to quality for coverage.

The Western New York average annual cost for a semi private room in a nursing home is $132,000, based on the 2014 figures. If someone needs 40 hours of in-home care for one year, the Western New York average cost is $56,717. And these average costs are rising every year by about 5 to 8%.

"When a person needs long-term care, an LTCI plan can minimize the financial and emotional impact of the situation.  The biggest two reason people buy Long Term Care insurance is to protect your retirement and to be a burden to your family members

By developing wealth strategies this will help protect all the working parts of your financial program.  One essential part of protecting your wealth is preventing a Long Term Care event from destroying your retirement, assets, income and independence.  When there is no long term care plan in place.   The devastation will effective your hard earn money and lifestyle.

By developing an alternative to avoiding the Spend-down program and the five year look back period. Medical events or accidents will cause a long term care event to occur.  If you had a long term care event yesterday, how much of your wealth would be subject to recovery?

As a Long Term Care Specialist it is  my goal  is to allow people to remain in the community, while preserving the emotional, physical and financial wellbeing of those who they love.  Put another way, the goal is place the family back to where they were, emotionally, physically and financially, as best as possible, prior to their long term  care event.  I work with individuals and family develop a long term care program to protect your retirement, wealth, independence, family, freedom of choice and peace of mind.

Would you like to protect your wealth, family and legacy? Avoid the Spend-down Program, look back period and subject to recovery?  By developing a long term care solutions this will protect wealth, retirement  family, independence and legacy.

To Schedule an appointment for Long Term Care Planning or Retirement, Asset Protection, call office for information at 1-800-875-0140, office is 8810 Main Street Williamsville and website www.lesltc.com

Long Term Care insurance will purchase an LTCI policy can:

• Preserve savings and assets for family and friends;
• Help maintain one's financial independence from family and friends, often eliminating the need to borrow money for long-term care costs.
• Relieve family and friends of caregiving tasks, as paying for professional care becomes an affordable option.
• Protect your retirement

If you are looking for a quote or Long Term Care Plan

Go to www.lesltc.com to get a quote today

Or call 1-800-875-0140 ask for Les Robinson CLTC Master Agent

Contact
Les Robinson CLTC
***@nwcins.com
End
Source:Les Robinson CLTC
Email:***@nwcins.com Email Verified
Tags:Retirement, Les Robinson CLTC, Long Term Care Planning
Industry:Financial
Location:Amherst - New York - United States
Subject:Events
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Les Robinson Long Term Care Planning PRs
Trending News
Most Viewed
Top Daily News



Like PRLog?
9K2K1K
Click to Share