I was recently interviewed by Washington Post columnist Michelle Singletary for my opinion about the annual median cost of long-term care now ranging from $18,720 for adult day-care services to $100,375 for a private room in a nursing home. Here is what I had to say...
"I have learned nothing will ruin a retirement plan faster than long-term care expenses.
Try having to come up with nearly a third of a million dollars like my client if you don’t have coverage. It’s just unimaginable for most people. My biggest concerns for my clients are a group I call ‘the
Who is even going to help them? Our society isn’t really set up for this, and I don’t see any easy solutions."
While there may not be any easy solutions, my team and I are here to help clients prepare for living a long life by looking at all of the variables and exploring 'what if' scenarios to give them more control over care options and decisions.
Most importantly, we are here to let them know that they are NOT alone. We are there right beside them to advocate for and support them.
Over the past 25 years, my team and I have developed a high level of experience and capability in dealing with elder care issues, including establishing caregiving services, long-term care, working with experts in identifying assisted living facilities, assisting with the physical move to a facility, retro-fitting housing to stay at home, planning for death, and dealing with dementia and other health-related issues.
I'm here to put all of this knowledge to work for you. All you have to do is give me a call and I'll be happy to help.