Funding long-term care

Long-term care planning

Protect your retirement from long-term care expenses with affordable, flexible options beginning at age 40.

Retirees today are living longer than ever before, which poses new challenges in financial planning. Overlooking this key aspect of living longer may leave people vulnerable to a change in their financial and emotional circumstances and may pose a threat to your investment portfolio, retirement income, and your legacy. Planning ahead may help provide financial security, independence, maintain relationships with loved ones and preserve your family's quality of life, while achieving better financial outcomes.

What is long-term care?

Long-term care encompasses more than nursing home care. It can also involve care provided at home, in assisted living facilities or adult day care centers for everyday activities like dressing, bathing or feeding – or to assist those who have severe cognitive impairment as a result of Alzheimer’s disease or other conditions.

Contrary to common belief, health plans such as Medicare and Medicaid don’t cover all long-term care expenses. And Social Security or savings may not provide enough to cover unexpected long-term costs.

Did you know
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    46% of Americans surveyed said they or someone close to them had a personal experience of needing nursing home care.**

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    One in every two individuals turning age 65 today will need the coverage of a long-term care solution during their lifetime.***

Today, a healthy lifestyle and a healthy net worth both may make you more likely to live a long life. The longer you live, the better chance you have of reaching the point when you will need long-term care.

Let Lincoln help you face the future with confidence.

What care costs

Cost of care is rising nationwide. See how Lincoln can help you prepare for unexpected expenses.

View our what care costs map