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Kids & Family

The Hidden Threat to Your Retirement Savings: Long-Term Care Costs

Are Long-Term Care Costs Threatening Your Retirement Plans?

Did you know that long-term care (LTC) expenses can drain your retirement savings faster than you might expect? The average cost of a private room in a nursing home exceeds $100,000 per year, and Medicare doesn’t cover most LTC expenses.

The good news? You can protect your hard-earned savings with the right planning strategies, including solutions that leverage benefits under the Pension Protection Act. These plans can allow you to use tax-free dollars for long-term care costs, effectively shielding your assets and providing peace of mind.

I’d love to help you explore how these strategies can fit into your retirement plan and safeguard your future. Let’s set up a quick call to discuss your options.

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Looking forward to helping you secure your retirement!

Click here to book a meeting with me at a time that works best for you:

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Click here for my free E-Book offer: Tax Free Benefits For Long Term Care In a Post Covid World

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Sincerely yours,

Mike Velasco

Senior Vice President

Red Oak Wealth Management, INC

217 Stirling Rd, Building A Warren, NJ 07059

W: 908.502.7600 C: 908.672.6993

Email: mike.velasco@redoakwealthmanagement.com

Website: https://redoakwealthmanagement.com

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