70% of people turning 65 today will need long-term care services at home, in assisted living or in a nursing home.  

The cost for all forms of long-term care is on the rise and it is among the most significant risks to retirement and wealth transfer. Yet too often families stop short of preparing for future needs because:

  1. They are unaware of how expensive the cost of long-term care will be,
  2. The thought of long-term care can be too emotional or overwhelming
  3. They don’t know what options they have to address their long-term care needs.

At Camas, we provide comprehensive consulting and planning solutions that focus on helping you design the long-term care solution that fits your goals and desires.   We will also coordinate with other professionals to ensure that your plan is implemented properly

Long-term care  solutions may include:

  • Self-insuring

  • Medicare/ Medicaid/Medi-Cal

  • Traditional Long-Term Care Insurance

  • Annuities with Long-Term Care riders

  • Life Insurance with Long-Term Care riders

  • Hybrid Long-Term Care and Life Insurance

Some long-term care planning questions to ask yourself:

  • Do you know that 7 out of 10 people will need some form of long-term care?

  • Are you concerned that the average annual cost of in-home care is $50,000 and in-facility care is $100,000?

  • Have you witnessed the emotional and financial toll long-term care has taken on a family member or close friend that needed in-home or in-facility care?

  • Are you concerned about the impact the cost will have on your retirement and estate?

  • Will you be forced to pay for long-term care out of your taxable retirement accounts?

  • Old annuities and life insurance can be rolled into new long-term care coverage.  Are you interested in this strategy?

  • Would you like to learn how to leverage your savings 4-10 times to pay for long-term care?

Getting advice begins with a simple conversation.