May is Older Americans Month
In honor of National Older Americans Month, we have decided to dedicate this newsletter to the issue of long term care insurance. We often don’t like to face it, but we are all getting older. With age comes the possibility of the loss of independence. With the loss of independence comes the need to rely on others. As tough as that may sound and feel, it should motivate you to start thinking about the possibilities. Often times, that includes long term care insurance. Yet, many of us are so ignorant about long term care and how to finance it.
I bet many generally know the term “long term care”, but few really know what that exactly entails. Want to know more? Here is your chance. Take this online quiz by the AARP to test your knowledge about the issues surrounding long term care and its accompanying insurance.
Guiding You Through the Process
David York Agency has just published a handy list of questions that will help you sort out you personal situation and acquaint you with the issues with respect to purchasing long term care insurance. Please feel free to visit our Resources page and print out the handout that you are free to download. Please ask the questions we have provided to help structure your conversations with financial professionals that sell this type of insurance. Doing your research and asking the tough questions now will mean a far more pleasant experience later on.
Please visit our blog for MANY OTHER TIPS & STRATEGIES regarding caring for the elderly.
Here are some selected posts from our blog on the topic:
2. I THINK I NEED LONG TERM CARE INSURANCE – HELP!