This blog post is designed to provide general information on the subjects covered. It is not, however, intended to provide specific estate planning, insurance, tax or legal advice. Please note that LTC Consumer and its representatives do not give financial planning, tax or legal advice. You are encouraged to consult with your tax advisor or attorney concerning your own situation.

Infographic: LTC by the Numbers, Paying for Care

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What is the average annual cost of long-term care (LTC)? What’s the difference in cost between assisted living and a private room in a nursing home? What does home health care cost? In our ongoing infographic series, we dig into these answers and more. In our first Infographic this year we explored who needs LTC and how long they need it. In this week’s Infographic we analyze the cost of various types of LTC facilities, and the surprisingly low income we may have in paying for care.

Did you know that the median annual income for people 65 and older is only $22,887? That won’t get anyone very far in the world of LTC. That’s why it’s so important to plan ahead and look into long-term care insurance (LTCI).

Paying_for_Care

If you want to learn more about LTCI head over to LTC Consumer and discover:

“Did you know that the median annual income for people 65 and older is only $22,887?”

You can also speak to a specialist who helps people plan for their future and protect their investments while ensuring their family never has to worry about how they’re going to pay for care. Ease your worries and start your planning today.

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