It is estimated that 7 out of 10 Americans will have long-term care expenses later in life due to age-related illness or injury.* Paying for these expenses is potentially asset-draining, especially since most long-term care costs are not covered by health insurance or Medicare.
Your local Catholic United Financial Member Advisor can offer you tools that can help you plan for long-term care costs. At a meeting with your local Advisor, you can discuss the details of these tools, coverage options and how to work a long-term care plan into your current financial plan.
*According to longtermcare.gov