• Request your complimentary consultation with an advisor from United Safeguard Financial Group.
    Phone: 800-209-1244 / john@unitedsafeguardfg.com / Visit Us!
    Discover many of the opportunities available to help you plan for your financial future.
    At United Safeguard Financial, we can help you determine a strategy appropriate for your financial situation.
    Home » Financial Services

    Long Term Care

    Why prepare for long term care?

    Protecting your wealth from the high costs of a long term illness is an essential part of retirement planning. Long term health care is a category of health care for people when they can no longer take care of themselves. 

    This need usually results from being disabled physically or being mentally unable to care for themselves. Alzheimers, stroke, diabetes, and just plain old age are common reasons people need long term care.

    A fortunate few, who are wealthy, do not have to concern themselves with the high costs of long term care.  However, for the majority of Americans, the high costs of long term care can financially ruin a family if they do not take the necessary steps to prepare and plan for it.

    How expensive is Long Term Care?

    Almost 50% of people age 65 or older will spend some time in a nursing home. The annual cost for long-term care can easily reach $50,000 or more.

    Because these long term health care services are tremendously expensive, many families have gone bankrupt trying to pay for them. 

    Won’t Medicare pay for long term care?

    Medicare will pay for the first 20 days. To qualify, three full days must first be spent in an acute care hospital before admission to the nursing home.  If three days are not first spent in an acute care hospital (within 30 days of admission to a nursing home) nothing is paid.

    After the first 20 days Medicare will pay just a small part of the cost for the next 80 days. Anything after the next 80 days Medicare will generally pay nothing and you are completely on your own. 

    The Solution:

    Many retirement planning experts encourage retirees to carry long term care insurance insurance to: It is also possible when planning for long term care to look at other alternatives such as annuities that have long term care riders and also “Medicaid planning”.

    Don´t procrastinate, plan today!

    Call for a complimentary, no obligation consultation:   800-209-1244

    By contacting us, you may be offered information regarding the purchase of insurance and investment products.

    Your investment advisor is not permitted to offer, and no statement contained herein shall constitute tax or legal advice. You should consult a legal or tax professional on any such matters.

    Complimentary Report
    "10 Things to Know About
    Retirement Income”

    Discover 10 things you should consider in creating your retirement strategy. 
  • about United Safeguard Financial Group®
    meet john Schnorr
    John Schnorr has over 17 years of experience designing portfolios to help retirees make more informed decisions to build a strong financial future.
    » learn more about john
    financial services
    We specialize in Retirement Phase Planning with a focus on: Wealth Preservation, Wealth Management through Investment Advisory, Income Planning and Estate Planning
    » View our Services
    Upcoming Events
    View our calendar of upcoming events. We invite all clients, referrals and visitors to attend our events.
    » Calendar of Events

    The content of this website is provided for informational purposes only and is not a solicitation or recommendation of any investment strategy. Investments and/or investment strategies involve risk including the possible loss of principal. There is no assurance that any investment strategy will achieve its objectives.

    Fiduciary duty extends solely to investment advisory advice and does not extend to other activities such as insurance or broker dealer services. Advisory clients are charged a quarterly fee for assets under management while insurance products pay a commission, which may result in a conflict of interest regarding compensation.

    Investment Advisory Services offered through Brookstone Capital Management, LLC, an SEC Registered Investment Advisor

    *Guarantees provided by insurance products are backed by the claims paying ability of the issuing carrier.

    The 10 Things to Know About Planning Your Retirement Income Report is provided for informational purposes only. It is not intended to provide tax or legal advice. By requesting this report you may be provided with information regarding the purchase of insurance and investment products in the future.