Today more than 12 million Americans are paying for long-term care services.1
Having a plan is important to anyone who may need care. Planning is also a critical step for their family because a long-term care event can impact generations—financially and emotionally.
Clients face significant risks
- One out of every two Americans turning 65 today will need the coverage of a long-term care solution during their lifetime2
- One-third of all individuals in the U. S. over age 85 suffer from Alzheimer’s disease3
Advisors estimate that clients who experience a long-term care event without having financial protection in place will draw down their retirement savings at rates two to three times faster than planned.4
Start the planning process
Lincoln has been assisting financial professionals in matching their clients with long-term care funding solutions for more than 25 years. Learn about our innovative products that feature flexible planning options to help meet your clients’ needs. Register or login.
Long-term care planning resources
Help clients understand the impact that long-term care can have on their finances with this cost of care map.
For a comprehensive suite of tools to help you uncover opportunities, shorten your sales cycle, and build your practice call 877-546-2647.
1LTCG, “2015 Lincoln Financial Group Cost of Care Survey,” https://www.whatcarecosts.com/lincoln, January 2016. For a printed copy, call 877-ASK-LINCOLN.
2Source: ASPE Research Brief, Long-Term Services and Support for Older Americans: Risks and Financing page 1, July 2015 https://aspe.hhs.gov/sites/default/files/pdf/106211/ElderLTCrb-rev.pdf
32016 Alzheimer's Disease Facts and Figures page 17. https://www.alz.org/documents_custom/2016-facts-and-figures.pdf
4Lincoln Financial Group and Hanover Research,“Managing Long-term Care Risk,” Hanover Research and Lincoln Financial Group, October 2014; http://newsroom.lfg.com/wealth-protection-expertise.