Protect Your Retirement Savings From Care Costs
Nursing home, assisted living, and in-home care can cost thousands every month — and Medicare doesn’t cover most of it. Long-term care insurance shields the retirement savings you worked a lifetime to build.
The need for long-term care can happen to anyone, at any age — from a chronic illness or cognitive impairment to an unexpected accident or injury.
What Could Long-Term Care Cost?
Most people will need some form of long-term care, and the costs can be staggering without a plan. Estimate the potential bill below.
Figures are illustrative national averages and vary widely by location and provider. A long-term care policy can help cover these costs — call for a personalized quote.
Care, Wherever You Need It
Nursing Home Care
Skilled, around-the-clock care in a licensed facility when daily living needs become significant.
Assisted Living
Help with everyday activities while keeping your independence in a residential setting.
In-Home Care
Professional care in the comfort of your own home — often the option families prefer most.
Don’t Let Care Costs Wipe Out Your Savings
Medicare Won’t Cover It
Medicare pays for very little long-term care — leaving most costs to come out of your own pocket.
Protect Your Nest Egg
Coverage means care costs come from your policy, not from the savings meant for your retirement.
Protect Your Family
Spare your loved ones from the financial and emotional burden of paying for or providing your care.
Why Planning Matters
Will need care
Of people turning 65 today will need some form of long-term care in their lifetime.
From Medicare
Medicare does not pay for extended custodial care — the kind most people end up needing.
Average need
The typical length of time care is needed, though many need it far longer.
The Medicare gap most people miss
One of the most common — and costly — misconceptions in retirement planning is that Medicare will cover long-term care. It won’t. Medicare pays only for short, skilled, recovery-focused care after a hospital stay. The ongoing custodial help most people eventually need — assistance with bathing, dressing, eating, and daily living — falls entirely outside what it covers.
That leaves three options: pay out of pocket and watch decades of savings disappear, rely on family to provide unpaid care, or plan ahead with long-term care coverage. A dedicated policy protects the retirement nest egg you worked your whole life to build, so a few years of care don’t erase it.
When is the right time to plan?
The sweet spot for most people is their mid-50s to mid-60s. Buy too early and you pay premiums longer than necessary; wait too long and coverage becomes far more expensive — or a health change makes you ineligible altogether. Locking in coverage while you’re healthy is what keeps it affordable.
Long-Term Care FAQ
Does Medicare or health insurance cover long-term care?
No. Medicare covers only limited short-term skilled care after a hospitalization, and standard health insurance excludes custodial care. Medicaid can help, but only after you have spent down most of your assets — which is exactly what most people are trying to avoid.
What does long-term care insurance actually pay for?
Depending on the policy, it can cover in-home care, assisted living, adult day care, memory care, and nursing home costs. Many modern policies pay a monthly benefit you can use flexibly, including for care provided in your own home.
Isn’t it expensive?
Premiums depend heavily on your age and health when you apply, which is why buying in your 50s or early 60s matters. Compared with paying $5,000 to $9,000 a month out of pocket for care, the premium is usually a fraction of the potential cost it protects against.
What if I never need care?
Some policies are traditional “use it or lose it,” but many today are hybrid policies that combine long-term care with life insurance — so if you never need care, your beneficiaries still receive a death benefit. I can walk you through both approaches.
Can I be turned down?
Yes, which is why timing matters. Insurers review your health history, so applying while you are healthy gives you the best chance of approval and the best rates. Even if one carrier declines, another may approve you — an independent broker shops the difference.
Plan Ahead, Protect What You’ve Built
Get independent guidance on long-term care coverage — no pressure, no broker fees, ever.