For some seniors, as their mobility begins to decline with age or if they experience a serious illness, they may require long-term care to help with the completion of daily tasks. Many people invest in retirement savings and life insurance, however funding long-term care may not be something that they consider.
Benefits can either be paid as a lump sum, or paid out like income at set intervals, to better save your benefits as long as possible. We here at Wheeler Mortgage can talk to you to figure out if Long Term Care Insurance may be an option for you and talk to you about how you may benefit from this.