If you're between the ages of 40 and 70, you probably know long-term care will impact your life or that of a loved one sooner or later.
Extended care is often needed due to an illness, accident, or the impact of aging, and we become dependent on others. Yet, there is a good chance you have not planned for the financial costs and burdens of aging.
"Many of us feel that we can deal with long-term care if, and when it happens. It really is self-focused,” said Matt McCann, a leading expert, and speaker on long-term care planning and LTC Insurance. “This self-focus allows us to ignore the real impact of long-term care. The most important person in a long-term care situation is not ourselves. It is our family,"
McCann reminds us that when we need long-term care, we will get it. Your care will be paid from your income and savings, or your family will become caregivers. Often times, both situations occur. Planning for long-term care is really about those you love.
"When you purchase an affordable LTC Insurance policy, you are doing it for the people you care about,” McCann said. “There is a physical, emotional, and financial burden that a family will face when you need future care. However, you will be cared for. Are these the memories you wish to leave for your family?"
When you own an affordable LTC policy, your family will have the time to be family. McCann advises that you create a plan for care in your 40s or 50s when premiums are very affordable and your good health allows for the most options.
McCann, licensed nationally, has a novel process that allows an individual or couple to view McCann's computer screen on their computer while speaking to him on the phone. It's an easy and pressure-free way to learn and compare all the options from all the companies.
McCann recommends several online resources to assist in your research. LTC News offers news and resources to help educate yourself on the issues and solutions: https://www.ltcnews.com/resources
The US Department of Health and Human Services has an official long-term care site: https://longtermcare.acl.gov/
You can obtain free Long-Term Care Insurance Quotes from major insurance companies at: www.quoteonltc.com
McCann's website also features extensive resource information which helps you learn about your options.
McCann Insurance Services: 866.751.7957: www.mccannltc.net