The cost of Long Term Care is funded in primarily two ways:

• State Medicaid for those with low incomes and limited assets

• Out-of-pocket payments

When it comes to protecting your assets, The Racine Group can help you assess your needs and design a Long Term Care Insurance plan to meet them. Because this product can seem complicated, we take the time to educate our clients about it.  In light of significant changes in the distribution of Long Term Care insurance, this is an ideal time to review the benefits of this coverage.

Being financially ready for the possibility that you will require long-term care is an important part of retirement planning. Statistics show that 70% of those who attain age 65 will need long-term care. At 5% annual inflation, today’s average daily rate of $345 (Massachusetts) translates to $1,168 in 2038.

THE RACINE GROUP

52 Philip Street
Medfield, MA 02052-2707
info@theracinegroup.com
781.239.1632