https://www.lcadvisor.com/blog daily 0.75 2024-07-01 https://www.lcadvisor.com/blog/what-every-woman-should-know-about-long-term-care monthly 0.5 2021-02-15 https://images.squarespace-cdn.com/content/v1/5f49660ec9d868131da26f0e/1604847949364-PL1KFHCOKZSSHQG3GAI5/Women+Longer+Life+Expectancy.JPG Blog - What Every Woman should know about Long-term Care https://images.squarespace-cdn.com/content/v1/5f49660ec9d868131da26f0e/1604848029168-J90TVLDLKQNH940J8F0W/Who+Receives+Care.JPG Blog - What Every Woman should know about Long-term Care Who receives long-term care? https://images.squarespace-cdn.com/content/v1/5f49660ec9d868131da26f0e/1604848115096-3DKZABNMJ24EOGBUP9G2/Annual+Costs+of+Common+long-term+care+services.JPG Blog - What Every Woman should know about Long-term Care Annual costs of common long-term care services https://images.squarespace-cdn.com/content/v1/5f49660ec9d868131da26f0e/1604848225963-TK6WHVDFMPGESIMZB6ML/Financial+Sacrifice+-+Women.JPG Blog - What Every Woman should know about Long-term Care Women providing home care https://images.squarespace-cdn.com/content/v1/5f49660ec9d868131da26f0e/1604848315236-QOL3NX7PB9SQKI2FCLE0/Sandwich+Generation+Trap.JPG Blog - What Every Woman should know about Long-term Care Sandwich Trap https://images.squarespace-cdn.com/content/v1/5f49660ec9d868131da26f0e/1604848616532-O5WS3RMLIYYJPDS49A41/ltc+options.png Blog - What Every Woman should know about Long-term Care Consider these options https://www.lcadvisor.com/blog/nutrition-fm4wa monthly 0.5 2020-11-16 https://images.squarespace-cdn.com/content/v1/5f49660ec9d868131da26f0e/1604765691484-U24ZXAZ6W3QJSKOBB5J3/defender+man+shield+2.jpg Blog - Is the strategy of self-insuring Long-term care the best option? Long-term Care Insurance-Longevity Planning Protecting a Double Loss Hit! https://www.lcadvisor.com/blog/long-term-care-myths-that-create-a-false-sense-of-security monthly 0.5 2020-12-20 https://images.squarespace-cdn.com/content/v1/5f49660ec9d868131da26f0e/1604848886120-RP9T9L35FG5A4ANXZ77T/LTC.png Blog - Long-term care - Myths that create a false sense of security 1 https://www.caregiver.org/print/45 https://www.lcadvisor.com/blog/category/Long-term+Care+Planning monthly 0.5 https://www.lcadvisor.com/blog/category/Long-term+Care+Insurance monthly 0.5 https://www.lcadvisor.com/blog/category/Longevity+Planning monthly 0.5 https://www.lcadvisor.com/home daily 1.0 2025-11-17 https://images.squarespace-cdn.com/content/v1/5f49660ec9d868131da26f0e/8bc0c195-a7e3-438c-8ffd-6b6934979da2/Flood+Bob+no+tie+-+Professional+Final_resized.jpg.png Long-term Care Insurance Home - Bob Flood at LC Advisor Counsels busy professionals and entrepreneurs in planning and preparing for the financial risks that could occur during one’s lifetime. LC Advisor represents multiple carriers and is licensed in a majority of states. Bob Flood is an insurance product knowledge expert with experience and resources to help you transfer financial risks. Access the insurance calculators (see below) or email me directly to discuss your needs: rflood@lcadvisor.com https://images.squarespace-cdn.com/content/v1/5f49660ec9d868131da26f0e/1904b1a7-5abb-45ea-b148-19ef0554ae66/iStock-483914743.jpg Long-term Care Insurance Home - Longevity Risk — Long-term Care Planning Long-term care touches nearly every family. It’s a sensitive issue, but one that should be discussed. Families often find themselves unprepared for the realities of long-term care, unsure of a loved one’s wishes and how to cover the sometimes-steep costs that come with a preferred choice of care. The easiest time to have the longevity planning discussion is before long-term care is necessary. And there are a lot of good reasons why: https://www.lcadvisor.com/website-policies-page daily 0.75 2024-01-24 https://www.lcadvisor.com/contact daily 0.75 2020-11-07 https://images.squarespace-cdn.com/content/v1/5f49660ec9d868131da26f0e/1604766708687-DJK2SBBBSGC1IW7L31K1/Flood+Cropped+BW.jpg Contact Bob Flood founding principal at LC Advisor https://www.lcadvisor.com/general-1 daily 0.75 2024-10-14 https://images.squarespace-cdn.com/content/v1/5f49660ec9d868131da26f0e/1603550243597-EZSJMAWKQHY2WOGTL6PF/LTC.png Long-Term Care - Long-term Care Retirement Planning is about living the way you want to live. Including a long term care discussion in your retirement planning process is often over looked. There are two key questions that you need to ask yourself for long term care planning: What is your written plan for care? You plan to live a long and productive life and at some point you may need care in your home or in a facility. What is your plan for this? To have family members provide care? Do you believe a long term care illness or disability will never happen to you? Or that the government will take care of things? How would you pay for this extended care? Your retirement portfolio might not provide you what you need. Your retirement portfolio was established for your retirement lifestyle, not a long term care situation. Consider what impact needing long term care would have on your family and your retirement portfolio. How likely are you going to need Long Term Care? It is estimated that 70% of people over age 65 will require some period of ongoing assistance at some point in their lives.* *U.S. Department of Health and Human Services, National Clearinghouse for Long-Term Care information, www.longtermcare.gov , April 2014 If you need to pay for long term care out of pocket, the costs can quickly add up. Based on survey data (Genworth 2017 Cost of Care Survey, Conducted by CareScout)found the national median for a year of nursing home care to be over $97,455 for a private room. And the national median cost for in-home care from a health care aide is now $21.50 per hour ($49,192 Annual). With those kinds of expenses, it’s easy to imagine a sizable portion of savings could be needed for long term care needs. LC Advisor Real Life Experiences - Names changed https://www.lcadvisor.com/business-continuity daily 0.75 2020-11-07 https://www.lcadvisor.com/life-insurance daily 0.75 2023-05-29 https://images.squarespace-cdn.com/content/v1/5f49660ec9d868131da26f0e/1603551512916-AYE7EEB1TD8KX30VP6UT/Plannin.JPG Life Insurance - Life Insurance Life Insurance is an important part of your overall Financial Plan and you should make sure your coverage is adequate to meet your objectives. Your goals are constantly changing depending on what is happening in your life. Start with a policy review. Does your policy: Effectively meets your goals in providing liquidity to meet financial obligations Your policy is performing efficiently; or While regular reviews are important, certain events are more likely to change your coverage needs. Some life events that can cause you to review your coverage are: Births and Deaths Marriages and Divorces Starting a business Purchasing a home or additional real estate or refinanced Received an inheritance Creating an Estate Plan Change in Job Status Charitable Giving needs https://www.lcadvisor.com/long-term-care-video daily 0.75 2024-06-19 https://www.lcadvisor.com/life-insurance-1 daily 0.75 2024-06-23 https://images.squarespace-cdn.com/content/v1/5f49660ec9d868131da26f0e/1603551512916-AYE7EEB1TD8KX30VP6UT/Plannin.JPG Life Insurance (Copy) - Life Insurance Protecting what matters most Life Insurance is an important part of your overall Financial Plan and you should make sure your coverage is adequate to meet your objectives. Your goals are constantly changing depending on what is happening in your life. Start with a policy review. Does your policy: Effectively meet your goals in providing liquidity to meet your financial obligations? Is your policy performing efficiently as originally projected? Why consider life insurance? Whether you want to protect your wealth for the future, business, family and loved ones, life insurance can help you maintain consistency and continuation towards your wealth goals. Protection and Preservation [Picture of a Lock] Including life insurance as part of your financial plan can help maintain your current needs and transfer wealth in the future by: Ensuring surviving family are taken care of through a death benefit Providing liquidity to help pay estate taxes, fund a buy-sell agreement, manage estate administration expenses, or pay long-term care expenses If You… Have a taxable estate Are a business owner Have an active tax investment strategy Are the primary income earner in your family LIFE INSURANCE CAN HELP YOU… Craft a multi-dimensional estate plan Develop a succession plan for your business Plan for efficient wealthtransferMaximize tax benefits Secure liquidity for life eventsLong-term care expenses https://www.lcadvisor.com/life-insurance-2 daily 0.75 2024-06-23 https://images.squarespace-cdn.com/content/v1/5f49660ec9d868131da26f0e/1604847091255-JFL4E9I1SJBTGN1I1PXK/Plannin.JPG https://www.lcadvisor.com/general-1-1 daily 0.75 2024-06-24 https://images.squarespace-cdn.com/content/v1/5f49660ec9d868131da26f0e/1603550243597-EZSJMAWKQHY2WOGTL6PF/LTC.png Long-Term Care (Copy) - Long-term Care Retirement Planning is about living the way you want to live. Including a long term care discussion in your retirement planning process is often over looked. There are two key questions that you need to ask yourself for long term care planning: What is your written plan for care? You plan to live a long and productive life and at some point you may need care in your home or in a facility. What is your plan for this? To have family members provide care? Do you believe a long term care illness or disability will never happen to you? Or that the government will take care of things? How would you pay for this extended care? Your retirement portfolio might not provide you what you need. Your retirement portfolio was established for your retirement lifestyle, not a long term care situation. Consider what impact needing long term care would have on your family and your retirement portfolio. How likely are you going to need Long Term Care? It is estimated that 70% of people over age 65 will require some period of ongoing assistance at some point in their lives.* *U.S. Department of Health and Human Services, National Clearinghouse for Long-Term Care information, www.longtermcare.gov , April 2014 If you need to pay for long term care out of pocket, the costs can quickly add up. Based on survey data (Genworth 2017 Cost of Care Survey, Conducted by CareScout)found the national median for a year of nursing home care to be over $97,455 for a private room. And the national median cost for in-home care from a health care aide is now $21.50 per hour ($49,192 Annual). With those kinds of expenses, it’s easy to imagine a sizable portion of savings could be needed for long term care needs. LC Advisor Real Life Experiences - Names changed https://www.lcadvisor.com/new-page daily 0.75 2024-07-01