Long-Term Care

You are working hard saving so you can live the life you want in retirement. Long-term care coverage is the next step in helping you keep that lifestyle. As costs rise, health care experts are engaging in a fierce debate about whether the coverage is worth the years of premiums. Even when people do go into a nursing home, those bills may not be as enormous as many people believe. Half of men and nearly 40% of women who use nursing-home care never have a stay exceeding three months, according to a recent study by the Center for Retirement Research at Boston College.

People are living longer than ever. But 70% of those over 65 will need long term care at some point. Health insurance won’t pay for it. Medicare and Medicaid may provide limited coverage, but only if you meet certain criteria. Long term care insurance, on the other hand, can provide you the coverage you need to live your life on your terms, where you want.

Why Do You Need It?

One day if you are unable to perform simple everyday tasks by yourself, like going to the bathroom, getting dressed, feeding yourself, or getting from place to place, you will need long term care services or support.

Long term care insurance helps cover the costs of care providers and support services in the location that’s right for you. For many people, that’s in their own home. Coverage helps fund not just in-home care, but can also be used to fund home modifications like wheelchair ramps or adjustments needed to make a bathroom accessible.

If you require an assisted living facility or nursing home, your coverage goes toward those costs. Either way, you choose the amount of coverage that’s right for you and then apply that coverage amount to the cost of the care you need. Get in touch with Lion's Share for a quote or to request information.

Capabilities

We help you prepare for retirement your way, whether that means spending time traveling the world or spending time with your grandchildren.

At Lion’s Share we have established a strong insight of the benefits for government employees. With this knowledge we assist in using the value of each one’s benefits while also expanding opportunities to create wealth.

We take a personal interests in meeting every individual need. Whether it is assisting in understanding how medicare works or making sure how to properly manage your healthcare, properly planning so that your healthcare costs doesn’t out pace your income.

Benefits

Asset Allocation Analysis

Having an asset allocation done by a Lion's Share advisor is one of the most important factors that can help determine the rate of return on your investments. It is an investment strategy that uses the following three things to determine how much of your money should be in cash, bonds and stocks.

Identify Potential Retirement Income Sources

Before you retire, you need to establish a retirement plan that will provide an adequate income stream and sustainable portfolio withdrawals for up to 25 or 30 years. A Lion's Share advisor can help you identify all your retirement resources, including Social Security, benefits, and estimate how long your retirement assets will last based on your budget, timeline and other assumptions.

Eliminate Financial Risk

Lion's Share capital management advisors have understanding of financial uncertainties. They have expertise in the field of taking critical financial decisions for you, should the need arise. Our advisors can help you manage your finances during the roughest market conditions, which can often lead to stress. Your advisor takes all your financial considerations in account while helping you achieve your goals.