Question 1

Will You Be Taking Questions?

Accepted Answer

Yes

Question 2

What is long-term care?

Accepted Answer

Long-term care is defined as medical care that takes place if a person cannot perform 2 of the 6 activities of daily living for more than 90 days.

Question 3

Doesn't my health care cover that?

Accepted Answer

Usually no.

Question 4

What about Medicare or Medicaid?

Accepted Answer

In most cases they will not. We will expand on all of this during the webinar.

Question 5

Why is long-term care important?

Accepted Answer

70% of all adults over the age of 65 will require long-term care during their lifetime. Most people, in planning their retirement, do not prepare for the devastating financial impacts of a long-term care need, or how it might effect their loved ones (both emotionally and financially).

Question 6

Is this about insurance?

Accepted Answer

In many cases, an insurance solution is the best course. But it's not the only solution. Strategic planning and allocation of existing assets can also be a part of a long-term care plan.

Question 7

What else?

Accepted Answer

Financial considerations are only one part of the equation. Planning for where and how you might receive care if you need it, and who is going to provide it, are also important considerations. We will touch on all of these.

Question 8

I can't make the event, what can I do?

Accepted Answer

Call me or email me. 703-622-8486. mfconway@ft.newyorklife.com.

Choice. Options. Control.

Overview

Choice. Options. Control.

Good to know

Location

Frequently asked questions

Organized by

Michael Conway

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