Long Term Care-Planning for your Future B-432a

The very mention of long-term care makes many of us want to run the other way, but with roughly 10,000 baby boomers turning 65 every day from now until 2030, the future costs of long-term care, and health care in general, are a top concern of current and soon-to-be retirees. It’s also one of the toughest decisions to make but given the rising costs of care it’s a critical consideration for long-term retirement planning. Whether you decide to buy long-term care insurance or self-fund, it’s important to be well-informed and pro-active in your ultimate decision.

At least 70% of people over 65 will need long-term care services and support at some point in their lives.(Source: 2015 Medicare & You, Centers for Medicare & Medicaid Services)

About 68% of nursing home residents and 72% of assisted living residents are women.
(Source: Long-Term Care Services in the United States: 2013 Overview, National Center for Health Statistics)

The national median daily rate in 2015 for a private room in a nursing home was $250, an increase of 4.35% from 2014.
(Source: Genworth 2015 Cost of Care Survey, March 2015)

The average length of a nursing home stay is 835 days—or more than two years.
(Source: Centers for Disease Control and Prevention, Nursing Home Care FastStats, last updated May 2014)

  • What assets are exposed if I enter a long-term care situation for an extended period of time.
  • What does Medicare & Medicaid cover and for how long & how to qualify.
  • What is the best age to consider long-term care planning
  • Are there strategies that exist that allow me to shift my money and protect my savings.
  • What are the different types of long-term care plans & what to look for when considering them.

Sessions:  1
Date:  3/27/2019
Meeting Time:  Wednesday 6:30 PM - 8:30 PM
Location:  Branford High School Room TBD
Instructors: 
Michael Alimo
Fees: 
$20.00   (Class Fee)
How many people will be participating?

East Shore Region Adult
Continuing Education
185 East Main Street
Branford, CT 06405

203.488.5693
Fax: 203.315.5149

Towns Served: Branford, Clinton,
Guilford, North Branford