A recent article explores why middle-class families are not prioritizing long-term care insurance (LTCI)—and our very own Kelly Augspurger, CSA, CLTC®, LTCCP®, CLTC instructor, weighs in on the critical misconceptions holding people back.
- Many families underestimate the need for long-term care, not realizing the physical, emotional, and financial strain it puts on loved ones.
- Some believe LTCI is too expensive, but even a modest policy can significantly ease financial burdens.
- Medicare and Medicaid aren’t the safety nets people assume—leaving many without the care quality and choice they’d prefer.
- Many default to self-funding, yet LTCI is designed to supplement personal savings, reducing financial risk.
With nearly 70% of people over 65 needing long-term care, having a plan is essential. Don’t wait until it’s too late. If you’re a financial professional, helping clients navigate LTC planning can be life-changing for them and their families.
Read the full article here:
Disclaimer: The opinions expressed within these blog posts are solely the author’s and do not reflect the opinions and beliefs of Certitrek, CLTC, or its affiliates.
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