Broker Check


The risk of the unknown or unexpected always exists. As much as we plan and prepare for the future there is no way of knowing exactly what will happen. In terms of retirement planning, the most common unexpected change to people lives are health related. Long term care, "LTC" planning is an important part of the retirement income planning process. There is a 69% chance that you will need some sort of LTC in the future.

1 in 10 men and nearly 2 in 10 women are projected to have a significant care need for more than 5 years.

Lifetime probability of needing long-term care (LTC) by type

Includes all types of care including managing finances, taking medications, shopping, using transportation and food preparation, as well as more significant care needs. Source: U.S. Department of Health and Human Services, ASPE Issue Brief, Revised February 2020, Table 1.

Have a Question?

Thank you!