Long-Term Care Planning
70% of people over 65 will need long-term care. Medicare won't cover most of it. The time to plan is before you need it — when you're still healthy enough to qualify and options are still on the table.
Why Long-Term Care Planning Can't Wait
The average cost of a private room in a Nashville nursing facility runs over $90,000 a year. Home health care isn't far behind. A two to three year care event can wipe out a retirement that took decades to build — and Medicare only covers skilled nursing care for a limited time after a hospital stay. It doesn't cover custodial care, which is what most people actually need. Without a plan, the cost falls on your savings, your spouse, or your family.
The window for getting long-term care coverage is narrower than most people think. Underwriting is based on your health at the time of application — not your age. Most people get declined or rated up because they waited too long. If you're between 50 and 65 and in reasonable health, you're in the right window. If you're already past that, there are still options — but they get more limited and more expensive every year you wait.
Long-term care planning doesn't exist in a vacuum. It connects directly to your retirement income strategy, your estate plan, and how much risk your family is willing to absorb. We look at your full picture — assets, income, family situation, health — and help you figure out whether insurance makes sense, what kind, and how much coverage actually protects you without over-insuring.
Long-Term Care Solutions We Review
Traditional LTC Insurance
A standalone long-term care policy with a defined benefit pool. Lower cost entry point but use-it-or-lose-it — if you never need care, the premiums don't come back. Best for specific budget and health situations.
Hybrid Life / LTC
A life insurance policy with a long-term care rider. If you need care, it pays for it. If you don't, your beneficiaries receive the death benefit. No use-it-or-lose-it problem. The most popular solution we place.
Asset-Based LTC Strategy
An asset-repositioning strategy that doubles the value available for long-term care expenses. Useful for clients who have a lump sum they want to reposition into a protected asset with care benefits attached.
Self-Insurance Analysis
For clients with significant assets, we run the numbers on whether self-insuring makes more sense than paying premiums. Sometimes it does. We give you an honest answer either way.
"The best time to plan for long-term care is 10 years before you think you need to."
Nashville Insurance Advisors
Start Your LTC Planning
The best time to plan is before you need it. Schedule a conversation.
Book a Discovery Meeting Call (615) 326-9899