Glen Campbell song captures his life with Alzheimer’s

A sad story about Glen Campbell and his life with Alzheimer’s. It is also a wake-up call as to why planning for Long Term Health Care is important and a real risk to all of us.

Glen Campbell pic

Affordable Long Term Care Insurance can be an easy way to plan for the physical, emotional and financial burdens Long Term Care can have on loved ones.

Click here to read the story about Glen Campbell.

Most people start looking to do their planning in their 40’s and 50’s as part of their overall retirement plan. We save money in our 401k’s, 403b’s, IRA’s and SEP’s but unless we plan for the expenses that Long Term Health Care can cause all that saving disappears.

Premiums for Long Term Care Insurance are based on AGE and HEALTH at the time of application. The other factor that goes into premiums are the total amount of benefits that are applied for in your application.

Sometimes people think waiting until they are 60 or 65 makes sense. The answer is no … this is not a smart idea and will, at least, cost you more money. Premiums are based at the age you get the plan in place and premiums are intended to remain level even with an inflation rider attached to the plan. So a 48 year-old rate is much lower than a 65 year-old rate. Even though a 48 year-old may pay more years than the 65 year-old would … the 48 year-old will pay less over the life of the policy.

The other issue is health. As you can guess, you are much more healthy when you are younger. Some conditions could prevent you from getting the lowest rate … it could even prevent you from being able to get a plan in place. It is your good health TODAY that gives you the opportunity to plan.

The best thing to do is LEARN your options. Educate yourself about how plans work and if your state offers a PARTNERSHIP program. Partnership Long Term Care insurance plans provide dollar for dollar asset protection.

A Long Term Care Specialist, like myself, can help educate you on how these plans work, how they get used at the time of claim, and how your health insurance and later Medicare will work. Then, after learning about your health and retirement plans, you can get recommendations based on experience and knowledge. Someone, like myself, can show you options from all the top insurance companies. This gives you something specific to think about. Generally, a typical insurance agent or financial advisor will not have the experience to provide you with qualified recommendations.

You can learn more from the American Association for Long Term Care Insurance (AALTCI). Their website is http://www.aaltci.org/. My website also includes outstanding information so you can start learning about your planning options. My website is www.mccannltc.com.

If you need quotes from all the top insurance companies just go to www.radioltc.com. The bottom line is you should have an affordable plan to address the physical, emotional and financial burdens Long Term Health Care can have on loved ones. You can click here to see the video for www.radioltc.com.

#longtermcare #retirement #401k

Advertisements

About Matt McCann

Matt McCann is recognized as a leading Long Term Health Care (LTC) specialist. Since 1998, Matt has been a national leader in finding solutions for the physical, emotional and financial burdens LTC places on American Families. He has been recognized by the American Association for Long Term Care Insurance as one of the top specialists in the country. In 2015 he was listed among the top ten specialists in LTC planning in the nation. He has also worked in sales management for two of the leading organizations marketing LTC products. He served as Director of Business Development for ACSIA LTC and Senior Vice President/Sales for LTC Financial Partners. Many of his agents have been among the top LTC specialists in the industry. Matt's divisions have also led in an innovative webinar approach which allows agents to use screen sharing software so prospects can see the agent's desktop. Matt's proven areas of success include sales coaching, training and motivation in additional to being an experienced LTC specialist. He has produced results in total production, placement rates and lead efficiency. Matt is known for years of experience leading creative efforts for agent meetings and sales promotions which drove results for both agents and consumers. He is now focused on helping consumers find affordable solutions so they can protect their assets and never be a burden on family and loved ones. He specializes in LTCi, Critical Care and Asset Protection products. Matt also coaches individual agents throughout the country helping them improve their processes to help more consumers. Matt is also known as an effective public speaker on LTCi and LTC issues as well as sales motivation. He appears on radio and TV programs and is available for bookings. Because of his schedule an advance notice is always requested. Prior to dedicating his life to LTC, Matt was a well known radio station manager and personality, He worked at radio stations throughout the country He may be best known for as legendary Chicago radio personality Larry Lujack's co-host when Lujack came back out of retirement years ago. Matt can be contacted by email at http://mccannltc.net/ or by phone at 866-751-7957. You can follow Matt on Twitter: @mccannltc - https://twitter.com/mccannltc
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s