Cast Your Vote for Proactive Planning

While a presidential election occurs every four years, Long-Term Care (LTC) Awareness Month takes place every November, strategically placed at the start of the season when families gather. Suddenly, children may recognize their parents are less steady on their feet or becoming more forgetful. 

Initiating discussions about frailty and aging in place with family members can be difficult, but it is far less challenging than making life-altering decisions during a crisis. Our latest blog, Wealth and longevity planning: Creating efficiencies for taxes and wealth distribution, explores the impact of long-term care and its costs on your clients, including those who are able to self-insure. 

John Hancock has resources that can help your clients plan to stay where they want, with those they love, for as long as possible.  

• Our Retirement Backstop Client Guide outlines the importance of saving for retirement, while also protecting assets for loved ones. 
• Without insurance designed to cover LTC costs, clients will pay out-of-pocket, dollar for dollar. Our Cost of Care Map highlights these potential expenses and can help spark conversations about options to afford them. 
• An LTC rider on a life insurance policy can provide significant leverage and income tax-free protection. Our BYA LTC riders provides details on this powerful tool.