Fidelity suggests making affordable Long Term Care Insurance part of your retirement plan.

Fidelity Investments is an American multinational financial services corporation. It is one of the largest mutual fund and financial services groups in the world. Founded in 1946, the company has since served North American investors. They understand and help people plan for heir future retirements. They also understand the risks that are involved that could impact your success retirement. One of the biggest involuntary risks we all face is the risk of Long Term Health Care. When you look at other risks (something happening to your home, car, etc.) they are very small risks. But the advances in medical science are allowing us to live longer than ever before. If you don’t die … you live and get older. If you don’t recover from an accident or illness … but you don’t die, you become a Long Term Care statistic. That means it costs you money since health insurance and Medicare won’t pay for a majority of these costs. Quoting from the article:

“According to Fidelity’s annual retiree health care costs estimate, the average 65-year-old couple retiring in 2014 will need an estimated $220,000 to cover health care costs during their retirement, and that is just using average life expectancy data.1 Many people will live longer and have higher costs. And that cost doesn’t include long term care (LTC) expenses.

According to the U.S. Department of Health and Human Services, about 70% of those age 65 and older will require some type of LTC services—either at home, in adult day care, in an assisted living facility, or in a traditional nursing home. The average private-pay cost of a nursing home is about $90,000 per year according to MetLife, and exceeds $100,000 in some states. Assisted living facilities average $3,477 per month. Hourly home care agency rates average $46 for a Medicare-certified home health aide and $19 for a licensed non-Medicare-certified home health aide.”

see the full article by clicking here.

Planning for the physical, emotional and financial burdens Long Term Health Care can have on loved ones is key to protecting your 401k’s, IRA’s and other assets. This is not even mentioning the emotional and physical burdens on your family that go along with this risk.

Do you really think it won’t happen to you? People need Long Term Health Care due to illness, accidents and the impact of aging. You do understand we live longer now than ever before.

Live longer than you expect pic graphic

So if you are living longer than you need you understand that there is a very good chance you will need help with your activities of daily living or require supervision due to memory loss.

The famous TV doctor, Dr. Oz, has a quote which sums it up very nice:

dr oz

Other then denial of the risk the other objection some people have is Long Term Care Insurance is too expensive. This is just not true. Long Term Care Insurance is VERY affordable. A married 53 year-old male can get a solid partnership plan for as little as $74 a month or less depending on health and benefits applied for. A Long Term Care Specialist, like myself, can help you design an affordable plan which fits your situation and shop for the best value from all the top companies, not just one or two.

Then you have the power of the partnership program.  Many states have partnership programs available which provide dollar for dollar asset protection if you have a qualified policy. The Long-Term Care Partnership Program is a collaboration between state government and insurance companies. Under this partnership, applicants who purchase qualifying long-term care insurance policies can access Medicaid coverage while retaining assets they would normally be required to spend on their long-term care. This is referred to as dollar for dollar asset protection. This is a huge benefit to make sure you don’t lose everything in a catastrophic Long Term Care event.

partnership 2015

So how and when do you start planning? The when is now. Most of the people that start planning are in their 40’s and 50’s and do so as part of their retirement planning. Premiums are based in large part by your AGE and HEALTH and stay at that rating forever. The American Association for Long Term Care Insurance ( suggests you work with a specialist that has at least 500 active clients in Long Term Care and who works with the top companies. In my situation, I have over 2100 clients in Long Term Care, work with all the top companies and I am endorsed by the American Association for Long Term Care Insurance. Few people in the country have my level of experience.

You can start your education by going to my website at: You can also get quotes from all the top companies by filling out the form at:

You can also watch the YouTube video of my radio commercial:

Start today. I meet with people from all over the country on the telephone and by using safe screen sharing technology where you get to see my computer screen. Call and make an appointment or ask a question: 866-751-7957 or email:

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 or by phone at 866-751-7957. You can follow Matt on Twitter: @mccannltc -
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