Long Term Care

Protecting Your Future with Long-Term Care Solutions

At Greatstone Wealth, we understand that health and lifestyle changes can present challenges, even for the best-prepared individuals. Long-term care (LTC) coverage offers more than financial protection—it preserves your independence, quality of life, and legacy. As healthcare costs rise, planning ahead becomes essential to safeguard your wealth and ensure your comfort.

What is Long-Term Care Coverage?

Long-term care coverage provides financial support for services that go beyond traditional health insurance, including:

  • Home care services (nursing assistance or therapy)

  • Assisted living facilities

  • Nursing home care

  • Adult day care programs

  • Memory care services

These expenses can be significant, and Medicare does not fully cover most of them. Without a structured plan, unanticipated care needs can quickly erode assets intended for retirement or legacy purposes.

Why Should You Consider Long-Term Care Planning?

As individuals live longer, 70% of people over age 65 will require some form of long-term care during their lifetime. Self-funding care expenses may disrupt financial plans and impact generational wealth.

Proper LTC planning allows you to:

  • Preserve your wealth: Minimize the impact of care costs on your portfolio.

  • Maintain control and choice: Select premium facilities or in-home care providers.

  • Protect your legacy: Plan to prevent the need to liquidate assets prematurely.

  • Ensure peace of mind: Know that care options are funded without financial stress.

Our Customized Long-Term Care Strategies

At Greatstone Wealth, we provide tailored solutions for long-term care planning to suit your financial goals. Our offerings may include:

1. Traditional Long-Term Care Insurance

  • Provides comprehensive coverage for home care, assisted living, and nursing homes.

  • Premiums are fixed based on age and health at the time of application.

  • Premiums can be structured as a single or multi-pay option.

2. Hybrid Life Insurance with LTC Riders

  • Combines life insurance with long-term care benefits.

  • Offers a death benefit if long-term care is not needed.

  • Premiums can be structured as a single or multi-pay option.

3. Annuities with Long-Term Care Benefits

  • Provides a tax-efficient income stream for LTC expenses.

  • Flexible payout options ensure care coverage when needed.