Long-Term Care Self Insurance  

Nobody wants to think about the possibility of needing long-term care. But if, somewhere down the line, you and/or your spouse do need assistance, will you have the funds available to pay for care? How much will an extended stay in a nursing facility or care received in your own home cost? Will you be able to meet this cost and still pay your and/or your spouse’s personal living expenses? Will there be enough left over to provide an inheritance for your loved ones or your favorite charity? Does it make sense to self-insure when private long-term care coverage is available? This calculator will assist you in answering these questions.

     

What is your current age?

At what age do you want to assume that you begin to use long-term-care services?

What inflation rate for long-term-care services do you wish to assume?

%

What is the current daily cost of a nursing/long-term care facility in your area?
(The current average daily nursing home cost nationwide is $213 according to the 2012 Field Guide, National Underwriter, but in some areas of the country, and/or for a private room at a high-quality facility, the daily amount can easily exceed $300.)

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Horizon Financial
Pathway Financial Resources
2220 University Boulevard
Tuscaloosa, AL 35401
(205) 752-1533

Tucker Financial Group
254 Winton M Blount Loop
Montgomery, AL 36117
(334) 277-0500

Horizon Financial-Daphne
#1 Timber Way Ste 100
Daphne, AL 36526
(251) 625-2220

Horizon Financial-Anniston
P.O. Box 307
Anniston, AL 36202
(256) 236-2711

Horizon Financial-Birmingham
1976 Gadsden Highway Ste 244
Birmingham, AL 35235
(866) 319-6500

*Securities and investment advisory services offered through SagePoint Financial, Inc., A Registered Broker Dealer, Member FINRA/SIPC and a registered investment advisor. Horizon Financial, Pathway Financial Resources and Tucker Financial Group are not affiliated with SagePoint Financial Inc., or registered as a broker-dealer or investment advisor.

This communication is strictly intended for individuals residing in the states of AL, GA. No offers may be made or accepted from any resident outside the specific state(s) referenced.

IMPORTANT CONSUMER INFORMATION

A Broker/dealer, investment adviser, BD agent, or IA rep may only transact business in a state if first registered, or is excluded or exempt from state broker/dealer, investment adviser, BD agent, or IA registration requirements as appropriate. Follow-up, individualized responses to persons in a state by such a firm or individual that involve either effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made without first complying with appropriate registration requirements, or an applicable exemption or exclusion. For information concerning the licensing status or disciplinary history of a broker/dealer, investment, adviser, BD agent, or IA rep, a consumer should contact his or her state securities law administrator.

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