Long-Term Care – Questions to Answer Now



There are a lot of tough questions everyone should answer as part of their overall financial plan. You see, if you only focus on your day-to-day life and ignore the ways your life can be sidetracked, you may be unpleasantly surprised by an event that could derail your entire plan.

 

 


Here are some of the most important questions you need to consider:

  • Have you known someone who needed care unexpectedly?
  • Was it a member of your family?
  • What was it like for that person and the loved ones?
  • How long did the need for care last?
  • Did that person have a choice of where and how to receive care?
  • Were the associated costs affordable or expensive?
  • Would that person have done things differently if he or she knew he or she was going to need care?
  • Do you have a plan in case you, your spouse or parent passes away or a need for care arises?
  • Who is going to take care of you or them?
  • Does that person have the time, skills and resources to provide all of the necessary services?
  • Where will the money come from and how much might it cost? We can show you how much the potential cost could be self-insure. Contact us today.

 

 

Please take a minute to watch this short video from longtermcare.gov.