One of retirement’s most significant risks is longevity risk, or the potential to run out of money. When the cost of a room in a nursing home can reach $100,000 per year, it’s easy to see how long-term care can quickly deplete your savings. Furthermore, extended stays are not covered by Medicare because assisted living is considered a lifestyle expense rather than a healthcare expense. We can help you explore options that pay for long-term care if needed and provide a death benefit to your heirs if you don’t.
