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Our research tells us that most Americans significantly underestimate the cost of long-term care and overestimate how much help they can expect from Medicare to pay for it. That troubling one/two punch drives home the need to arm consumers with more reliable information on the often bewildering subject of long-term care.
We didn’t know it at the time, of course, but our video debuted in 2007 just days after the stock market reached an all-time high and started the precipitous decline that wiped out trillions of dollars of wealth. While the market has made a remarkable recovery, Americans are still smarting from the financial wounds of the Great Recession. For that reason, many may feel that now is precisely the wrong time to consider taking on a new expense. Ironically, though, you may need the protection of long-term care insurance now more than ever to protect your nest egg.
Long-term care insurance is not for everyone. But you need to make a thoughtful decision on this subject that is of critical importance to you and your family. I hope this booklet helps you do just that.
Editor in Chief
Kiplinger Washington Editors
A KIPLINGER Workbook to Help You Plan Ahead for Long-Term Care.
-Sponsored by John Hancock
Long Term Care Financial Solutions, LLC5471 W. Waters Ave. Suite 300 Tampa, FL 33634 Phone: 1-877-380-8800 Fax: 1-813-901-8975
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