Holidays - A Good Time to Review Long-Term Care Plans with Loved Ones

The holiday season brings different generations of families together in celebration.

This time may also be one of the few opportunities that loved ones gather in the same home, making it a good time to think about the issues of aging and Long-Term Care Planning.

According to Matt McCann, a leading expert in Long-Term Care, this is a time to reflect on the impact of aging and how important an advance plan is for a family.

“This is the time of year where you have multiple generations spending time together. Often you see family members you have not seen in a while,” said McCann. “You see first-hand the impact of aging. You notice older relatives with memory and mobility issues. You hear the stories. You see what might be ahead for you and your family.”

McCann says people are sometimes shocked at how quickly one’s health and aging can create problems for individuals and their immediate families. Without an advance plan, this creates tremendous physical, emotional and financial burdens.

“The financial costs and burdens of aging will impact you and your family,” McCann said. “The impact on your retirement savings is also a major concern. Your spouse and adult children are not able to be good primary caregivers.  The cost of care in your home or in a facility is expensive and generally has a big impact on savings and lifestyle. Planning in advance will give you peace of mind knowing you will not place a burden on your family or drain your assets.”

McCann says Long-Term Care Insurance is easy and affordable asset protection.

“As people think about family during the holiday season they want to make sure they have an affordable plan to address this major risk. This is a key part of your retirement plan,” he said.

McCann assists people nationwide using his unique process where they speak with him on the phone while seeing his computer screen on their computer. He works with all the major companies in Long-Term Care.

McCann recommends several reference websites for research:

LTC News offers articles and resources: www.ltcnews.com

US Department of Health and Human Services: www.longtermcare.gov

Free LTC Quotes: www.quoteonltc.com

McCann’s website also features several outstanding resources.

McCann Insurance Services, 866-751-7957, www.mccannltc.net