Barbara Sabol Rosasco
Financial Advisor

CONNECT

Address:

1700 South El Camino Real, Suite 504

San Mateo, CA 94402

Phone:

650-389-1030

Fax/Other:

650-382-1986

Long Term Care Planning

Long Term Care Planning

Why is it important to plan for long term care?

You may not expect to need long term care, but it is important to plan for it nonetheless

Here are some  important reasons long term care planning may be important:

  • The odds of needing long term care are high, as a result of illness, Alzheimers disease and dementia, accident, etc.
  • Medical advances allow us to live longer, but this may result in the need for costly  assistive care

What type of services are we talking about when we refer to long term care services ?

  • Skilled nursing care
  • Intermediate care
  • Custodial care
  • Assistive care

Myths about Medicare

Many people mistakenly think that Medicare will pay for all of their long term care needs. This is incorrect. Medicare pays for only limited services.  An important part of retirement planning  is important to understand what services may be covered and for what period of time.

If you have questions about retirement planning and the impact that a long term care event may have on your retirement finances, please contact me for a complimentary,  no obligation consultation.

Barbara Rosasco

Telephone:   650-349-2274 x 142

Email: bsabolrosasco@wradvisors.com

 

Insurance products are offered through insurance companies with which Waddell & Reed has sales arrangements.

03/18