Did you know that someone turning 65 has about a 70% chance of needing long-term care services during their lifetime?

Unfortunately, the story doesn’t end there. About 20% of that group could need care for five years or more.

If you’re a couple age 65 or older, you now face double the odds, but still only have one pool of assets to draw from to help cover the cost.

The real financial danger for many senior couples is that the cost of care for the first spouse can significantly impact the financial security of the second.

At Fortress Mega, we help retirees understand these risks and explore practical ways to prepare for potential long-term care needs.

Knowing your long-term care options before you need them can help you save money and avoid unexpected financial hardship.

For example, some long-term care insurance policies provide a shared pool of benefits that can be used when either spouse requires care.

Policies that include state partnership-qualified and shared care riders may offer additional protection and financial assistance beyond the policy’s core benefits.

To learn more about long-term care planning, call us today.