Do you have a plan for your long-term care when you become a senior? When the time comes and it finally becomes harder for you to perform daily activities on your own, it is important to know what you want to do. Will you move in with children or other relatives? Hire a caregiver to come to your home? Move to an assisted living facility? Go it alone for as long as possible? Whatever your decision it is important to understand the full physical, financial, and emotional impact on yourself and your loved ones.
One of the wisest things anyone can do to prepare for their financial future is learn about long term care services long before they are needed. Knowing and understanding the choices puts you in a better position to make wise decisions and avoid stress if care is needed. Consider the following: Financial aspects, cost of care, options to address LTC.
Instructor - Melissa Barnickel
Harford Community College
401 Thomas Run Road, Bel Air Hall, Room 240, Bel Air, MD 21015
One of the wisest things anyone can do to prepare for their financial future is learn about long term care services long before they are needed. Knowing and understanding the choices puts you in a better position to make wise decisions and avoid stress if care is needed. Consider the following: Financial aspects, cost of care, options to address LTC.
Instructor - Melissa Barnickel
Harford Community College
401 Thomas Run Road, Bel Air Hall, Room 243, Bel Air, MD 21015
Today’s long term care insurance buyers have enjoyed a sustained multi-year period of low inflation. I say "enjoyed" because today’s buyers are normally pre-retirement, and therefore value low mortgage and interest rates more than their retired counterparts.
Have you ever wondered about what the policies look like for all the people who bought traditional, standalone long term care insurance (LTCI) in 2017— the latest year for which there are statistics available? That’s what I’m sharing with you this month, together with all the specifications on the policies.
Melissa has been helping Government Employees Benefit Association members for over 10 years. She has extensive product expertise to help find the correct policy for each person/couple. She educates our members via large and small seminars, articles in our newsletter, on our website and also via podcasts. She works directly with individuals/couples to continue that education and make that education specific to them. She continues to service employees as questions arise or as their situation changes.
Today’s long term care insurance buyers have enjoyed a sustained multi-year period of low inflation. I say "enjoyed" because today’s buyers are normally pre-retirement, and therefore value low mortgage and interest rates more than their retired counterparts.
Have you ever wondered about what the policies look like for all the people who bought traditional, standalone long term care insurance (LTCI) in 2017— the latest year for which there are statistics available? That’s what I’m sharing with you this month, together with all the specifications on the policies.
The first buyers of automobiles had only one choice: a black Model T.