As Thanksgiving approaches at the end of the month, I like to take stock of all the things I’m thankful for. It’s easy to say family and friends, those are blessings; and we sometimes take them for granted…but how about the little things in life. It might be that smile you get from person who hands you your cup of coffee in the morning, it may be relishing the crisp air on an autumn day. It may be a simple stroll in the park marveling at God’s nature abounding. Maybe the joy of helping an older neighbor with a chore. All little things to be thankful for.
When I think about helping older neighbors I often wonder just how many members have taken advantage of help that they might need as they age. Some won’t be able to do the simple activities of daily living. They’ll need assistance, and with our mobile society may not have a relative nearby to help. That’s where our Knights of Columbus Long Term Care Insurance plan might help.
Many people don’t know how a long-term care insurance policy helps cover the costs of care when the policy holder has a chronic medical condition, a disability or a disorder such as Alzheimer’s disease. You can receive care in your home, a nursing home, an assisted living facility, or an adult day care center.
LTC insurance helps protect all those assets you’ve worked so hard for over the years: your house, IRAs, savings, investments. They could all be wiped out with even a short stay in a nursing home. The website: https://longtermcare.acl.gov/costs-how-to-pay/costs-of-care.html says that Home Health Care costs about $22/hour, Assisted Living Facilities about $4,245 per month and Nursing Home $85,000 per year. More expensive areas of the country are more than that. Without LTC insurance many families would face a serious financial crisis.
Most people aren’t eager to talk about long term care; but it’s important to have a plan. Many people want to wait until they are in their 60s or 70s before they start to consider long term care. But at younger ages it’s more likely you can qualify…and the price is less expensive when you’re younger.
I can help design a plan to fit your needs…and your budget. With that you can have peace of mind that you will get the care you need, when you need and where you want it.
Let’s talk and see how you can protect your assets.
Vivat Jesus!
Greg Bronson, FICF, FSCP
(530) 503-7473
Greg.Bronson@kofc.org
www.KnightGreg.com
