Long-Term Care Insurance
You’re doing the hard work of 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.
You may not realize that 70 percent of people age 65 and older will need some kind of help with everyday activities—like getting dressed or going to the doctor.1 Health insurance generally doesn’t cover this type of care and almost half of people who need long-term care spend over $107,000.2
It’s good to consider purchasing long-term care insurance while you’re still healthy, because you might not qualify for it later on if your health changes.
What is long-term care?
Long-term care is the help you need if you’re unable to perform basic everyday tasks on your own, such as eating and bathing. As you age, you may want to consider how you would address a possible long-term care event.