The consequences of an extended Long Term Health Care event will have a big impact on a family’s future retirement income, and assets as well as cause burdens on family members. That is the message Matt McCann delivered in a recent speech in Pittsburgh.
McCann, a nationally known expert on Long Term Care Planning and President of McCann Insurance Services, said more people than ever are looking at ways to safeguard their future retirement income from the financial costs and burdens of Long Term Health Care.
“Some people feel frustrated on how to find the right plan and design it correctly but planning is very easy when you know where to go to get the help,” McCann told the group.
He said the right expert can guide you with recommendations based on your individual situation. These LTC costs can have a dramatic impact on a person’s 401(k), 403(b), IRA and other assets. Long Term Care Insurance is an affordable way to protect a family’s assets and ease the burden on loved ones.
“Unfortunately not many insurance agents or financial advisors understand how these plans work or how they are underwritten. They just do not have the experience,” McCann said.
His firm assists people throughout the country find the right plan. Consumers go to his website, www.mccannltc.net, learn options and request recommendations and quotes from all the top companies in the LTC industry. Speaking on the phone as the consumer views McCann’s computer screen from the comfort of their home or office, they can learn about the products and designs, the many tax incentives available and how the federal/state partnership programs can address the financial costs and burdens of aging.
“My philosophy is to make a catastrophic situation manageable so you can address the physical, emotional and financial burdens that LTC places on the American family. Most people I speak with are in their 40’s and 50’s and want to add affordable LTC insurance as part of their retirement plan,” McCann noted.
He noted that most plans include provide discounts and case management which make it easier on family members.
“Affordable Long Term Care Insurance will not only ease the burdens that an extended LTC event will have on your spouse and adult children and their families but protect your lifestyle and that of your spouse by protecting your future retirement income from the high cost of extended care,” McCann said.
The financial costs and burdens of aging need to be consider as part of an overall retirement plan. He notes many people are surprised how easy and affordable LTC insurance can be.
You can Visit Matt McCann’s website for information on LTC Planning including quotes and personal consultations: http://mccannltc.net/.
McCann also uses a number of other websites as outstanding resources:
LTC Planning News is an outstanding resource that has articles, links, and videos on LTC Planning: http://longtermcareplanningnews.com/.
The US Department of Health & Human Services LTC site: http://longtermcare.gov/.
The American Association for Long Term Care Insurance (AALTCI): http://www.aaltci.org/.
“Don’t just let things happen and place the burden of caregiving on your spouse or adult children. LTC insurance is affordable and easy,” McCann said.
You can call McCann’s office at 866-751-7957. His email is: matt@mccannltc.net
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