Preparing for Tomorrow, Today

Long Term Care Planning

What is Long-Term Care?

Long-term care is a comprehensive approach to addressing the prolonged need for assistance with daily activities. As individuals age, they may find it challenging to perform basic functions like dressing, eating, or bathing independently. According to the U.S. government’s Administration for Community Living, approximately 70% of individuals aged 65 and above will require some form of long-term care in their lifetime. This underscores the importance of planning for such eventualities.

Why is Long-Term Care Important?

The prospect of needing long-term care isn’t just about the individual; it’s about the family and loved ones too. Without proper planning, the financial and emotional burden of care often falls on family members. Moreover, failing to account for long-term care costs can lead to insufficient funds for the required care, potentially becoming a significant financial strain.

How We Approach Long-Term Care:

Our approach is holistic, considering both the financial and human aspects of long-term care. We begin by understanding your unique situation and needs. We then discuss potential care providers, locations for care, and methods of financing the care. Our team is equipped to guide you through the complexities of long-term care insurance, helping you understand the differences between standalone and hybrid policies, and assisting you in making informed decisions that align with your financial goals and personal preferences.

Secure Your Future with Expert Guidance

Crafting Tailored Long-Term Care Strategies for Peace of Mind

Planning for long-term care can be overwhelming, but you don’t have to navigate it alone. Our team is here to provide expert guidance, ensuring that you and your loved ones are prepared for the future. We believe in proactive communication, ensuring that your wishes are known and respected. Remember, the most effective plans result from clear communication and a shared understanding among all involved parties. Let us help you craft a long-term care strategy that offers peace of mind and security for your future.

Initiate Your Plan

Sandusky Office

1325 Hull Road,

Sandusky, OH 44870

(419) 626-3900

Elyria Office

347 Midway Blvd #109,

Elyria, OH 44035

(440) 934-3141

Medeira Beach Office

150 153rd Ave, Unit 302

Madeira Beach, FL 33708

(727) 455-9388

Great Lakes Benefits Inc. is a Financial Advisory firm. Investment Advisory Services are offered by Great Lakes Benefits & Wealth Management, an OH Registered Investment Advisor.

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