The consideration given to protecting your assets as you transition into retirement is crucial to ensure peace of mind-not just for you but for the loved ones that may be responsible for your care.
According to the 2006 MetLife Mature Market Report, the national average for a semi-private room in a nursing home is $186/day or $66,795 a year.
“Current government regulations stipulate that you must spend down your assets and be on Welfare to qualify for Medicaid.
“Almost 50% of those reaching the age of 65 will need some form of long term care, such as a nursing home, or assisted living. Statistics for home care are much higher.
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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