Download “Long-Term Care and Financial Planning”

Drawing on actuarial analysis, this paper projects personalized LTC costs by analyzing past and current data trends that highlight probability and cost of care based on age, gender, health conditions, and other factors. The goal is to empower financial professionals to provide their clients the information they need to make educated financial decisions to afford future end-of-life medical services and protect legacy assets, with options including long-term care insurance, life insurance with a chronic illness rider, insurance products with an LTC rider, or a self-insurance option.