According to Kiplinger’s Personal Finance, “The need for long term care is one of the biggest financial threats you could potentially face in life”. The U.S. Government reports that 70% of people who reach age 65 will require long-term care services at some point in their lives.
In the March issue of AARP Bulletin, Suze Orman says her most important advice is to plan to live a very long life. Sadly, many people don’t start looking at long term care insurance for themselves or their parents until they already need it. Why should you consider long term care insurance now? Because changes in age and health can make it impossible for you to obtain coverage .
My husband and I bought our own long-term care insurance plan from Harry several years ago, and our investment advisor recently told us that it is one of the best plans his team has ever seen. I cannot recommend Lynn and Harry highly enough. They are both truly caring people.