Everything You Need to Know About Long-Term Care Planning
Protect your future with smart long-term care strategies.
Why Long-Term Care Planning Matters
70% Need Care
Americans will require long-term care services during their lifetime
$108K Annual Cost
Average of nursing home care in the US.
3.5 Years Average
Length of time people typically need long-term care services
When Long-Term Care is Typically Needed
Daily Living Activities
Bathing, dressing, eating, toileting, transferring, or continence issues arise
Cognitive Decline
Memory loss, dementia, or Alzheimer's disease affects daily functioning
Medical Events
Stroke, heart attack, or major surgery requires extended recovery assistance
Medicare Coverage Reality Check
What Medicare DOES Cover
Skilled nursing for up to 100 days
Home health with doctor’s orders
Hospice care services
What Medicare DOESN'T Cover
Long-term custodial care
Assisted living facilities
Adult day care programs
Protecting Your Financial Future
Assess Your Risk
Evaluate family health history and personal risk factors
Calculate Cost
Research local care costs and inflation projections
Choose Protection
Select appropriate insurance or savings strategy
Review Regularly
Update your plan as circumstances change
Traditional Long-Term Care Insurance
Pure Protection
Dedicated coverage specifically for long-term care services with comprehensive benefits
Lower Premiums
Generally more affordable initial costs compared to hybrid alternatives
Use It or Lose It
No return of premium if you never need care services
Hybrid Long-Term Care Policies
Life Insurance Base
Combines life insurance with long-term care benefits for dual protection
Return of Premium
Money isn’t lost if you never need care - beneficiaries receive death benefit
Guaranteed Premiums
Fixed costs that won’t increase over time, providing budget certainty
Your Expert Guides
Tom Scarfo
Tom Scarfo of Vanbridge Insurance Solutions, is a long-term care specialist with decades of experience, will be sharing current strategies and real-world insights.
NOVA Wealth
NOVA Wealth is an advisory focused solely on retirement. We’ve helped thousands of people, advising over $175 million on how to plan for and navigate retirement.
Don’t Wait to Protect Your Future
Long-term care planning isn't just insurance - it's peace of mind for you and your loved ones.
The best time to plan was yesterday. The second best time is today.