Not many of us want to think about it, much less talk about it, but the reality is that if we live long enough, there’s a good chance we’ll eventually need long term care.
What is long term care? It’s the help you need when you can no longer take care of yourself and become dependent on others – possibly your family.
Watch the video in this link to find out more about Canada's changing social landscape and the likelihood of your requiring long-term care.
Aside from the physical and emotional toll that long term care can take, most people I talk to are surprised to hear how much that care costs. Whether delivered at home or in a facility, paying for long term care could completely deplete your assets and retirement savings.
Long term care insurance can help you: protect your retirement assets; plan and control care decisions and lighten the care burden for your loved ones. Preparing today for the care you may need tomorrow is just as vital to your financial plan as your savings and investments.
Did you know that it's Alzheimer awareness month in Canada? Visit us at www.timweichel.ca or email email@example.com to find out more about long-term care insurance and other ways you can protect yourself and your family.