As we look to the future, did you know that long-term care expenses can deplete resources two to three times faster than intended?1 There are a few misconceptions about long-term care shared by many:
- It won’t happen to me.
- Medicare and Medicaid have me covered.
- That’s what my savings are for.
- My family will be able to take care of me.
Take a look a look at this guide (click) from Lincoln Financial Group to learn more about how to protect your wealth from long-term care expenses.
Please feel free to contact us if you are interested in discussing this topic further.
1Lincoln Financial Group and Hanover Research, “Managing Long-term Care Risk,” Hanover Research and Lincoln Financial Group, October 2014; http://newsroom.lfg.com/wealth-protection-expertise.