Texas Retirement Concepts
Long-term care
Ways to prepare for extended care so a long illness is less likely to spend down the savings you set aside.
Schedule a free consultation Call (512) 298-3551How we help
We talk through insurance that can help pay for extended care, and how it fits income, life insurance, and Medicare. What a policy covers depends on the insurer and the contract.
A fact worth knowing
Long-term care is often help at home with bathing, dressing, or meals. It is not only a nursing home, and Medicare does not pay for most of it.
Almost 70% will need some kind of long-term care after 65.
About one in three may never need it. Women, on average, need care longer than men: 3.7 years, compared with 2.2.
Source: Administration for Community Living, How Much Care Will You Need?, last modified February 18, 2020. Medicare and most Medigap policies do not pay for long-term care: Medicare.gov.
Products
Long-term care coverage
Insurance that can help pay for extended care. Benefits, waiting periods, and cost depend on the insurer and the contract.
Carriers
Companies we represent for long-term care.
