Today 40% of caregivers are men

Straight Talk About Long-Term Care

Long-Term Care is the type of assistance that a person of any age needs when that person is unable to perform basic activities such as bathing, dressing, eating, toileting, continence or transferring. It is also the best option for a person who needs care because of Alzheimer’s disease or any other form of memory loss.

Long-Term Care is NOT nursing home care for the 85 year old. It’s not a place, it is an event!

Some Food For Thought:
  • Today, 43% of people receiving Long-Term Care are not seniors but people between the ages of 18 and 64.
  • Today 40% of all caregivers are male.
  • Today 52% of all working males are caregivers for a person over age 18.

Long-Term Care Insurance will help you to:
  • Protect your retirement savings. Do you want to pay for care with money from your portfolio?
  • Protect your 401K
  • Maintain independence and allow choice as to where you or a family member will receive care.
  • Avoid physical, financial and emotional stress, whether you become the caregiver or the care recipient
  • Pay for better care for a longer period.

Purchasing Long-Term Care Insurance is a decision to keep yourself (or a loved one) out of a nursing home and from moving in with your kids.

Think of Long-Term Care Insurance as a good pair of shoes. You purchase them for protection so you can go the distance in comfort and style. Without them you are going nowhere.


Dorothy McMahon, president of McMahon and Associates in Bloomfield Hills, is a specialist offering “Straight Talk about Long-Term Care Insurance.” She has brought her program to professional associations, family support groups, meetings, and conferences. Contact her at (248) 844-9787 or LTCINSUSA@AOL.COM and visit www.mcmahonltcins.com.

 del.icio.us  Digg 

 

What did you think of this article?




Trackbacks
  • No trackbacks exist for this entry.
Comments
  • No comments exist for this entry.
Leave a comment

Submitted comments will be subject to moderation before being displayed.

 Enter the above security code (required)

 Name (required)

 Email (will not be published) (required)

 Website

Your comment is 0 characters limited to 3000 characters.