Today, it’s more important than ever to prepare for the possibility of long-term care. We’re living longer and enjoying more years in retirement than our parents. But while longevity can be a blessing for some, around 70% of people turning 65 will need some degree of long-term care services.
Our Philosophy & Approach to Long-Term Care Planning
1. We encourage you to view long-term care planning as an essential piece of your overall financial plan
In our opinion, a long-term care plan shouldn’t exist in isolation. We view long-term care as a key part of your retirement income plan, and take into account your current savings and future expenses.
2. We’ll help you review your long-term care options in light of your family situation and personal finances
A long-term care event can have a significant impact on the finances and emotions of your entire family. We suggest involving them in the planning process. That way, they know what role, if any, they’ll play in providing hands-on care or helping pay for services.
3. We’ll emphasize the drawbacks of delaying and motivate you to start planning now
The longer you wait to plan for long-term care, the fewer your options will be. We can help streamline the planning process so you’re comfortable making the necessary financial decisions.
Long-term care involves non-medical assistance with basic daily activities, including dressing, eating, and toileting. Whether you receive service at home or in a facility, long-term care can be expensive. Since private health plans and Medicare typically don’t offer coverage, you’ll be personally financially responsible. An exception is if you qualify for Medicaid, it can help cover long-term care costs.
Long-term care insurance is a popular way to help cover future care, whether a standalone or hybrid policy. Applying for insurance when you’re younger can improve your chances of qualifying for coverage. Or, if you’ve been a diligent saver, you may choose to set aside funds specifically for these expenses. You can also create an irrevocable trust with a five-year establishment period.
-
Annette L.Donald & Donna K.
“It’s been one of the best things my wife and I have ever done. The clarity, support, and professionalism have made a real difference for us.”
Testimonials received in response to Johnson Brunetti survey conducted in 2024 and in 2026. Please click each respective year for a description of the respective survey and a summary of the survey results.
John & Laura U.Richard S.“We have been extremely happy with our advisor and the services offered. We previously had accounts with another advisor. We had no issues, but chose to consolidate everything with Johnson Brunetti. We made a great decision with that.”
Testimonials received in response to Johnson Brunetti survey conducted in 2024 and in 2026. Please click each respective year for a description of the respective survey and a summary of the survey results.
Joe D.“Your model is working well, continue to keep your focus on your clients. The podcasts are an effective way of communicating information and real life stories. Your business is supporting your clients’ many different real life stories.”
Testimonials received in response to Johnson Brunetti survey conducted in 2024 and in 2026. Please click each respective year for a description of the respective survey and a summary of the survey results.
Jackie L.“I love how everyone in the company makes us feel. Like we are one big happy family. I wouldn’t change anything!”
Testimonials received in response to Johnson Brunetti survey conducted in 2024 and in 2026. Please click each respective year for a description of the respective survey and a summary of the survey results.
How We Can Help You Make Long-Term Care Decisions
At Johnson Brunetti, we can help you develop a long-term care planning strategy tailored to your financial situation. We’ll discuss your potential care needs including your preferred locations and caregivers. We might also suggest having open conversations with your family members about the financial and emotional implications at play.
Our recommendations can include self-funding your care, purchasing insurance coverage, or establishing a trust to protect your assets. We’ll be there every step of the way as we navigate your various investment and insurance coverage options.
Having a long-term care plan is crucial to protecting your assets, legacy, and family’s financial security and lifestyle. Acting now can expand your planning options and help you address potential financial challenges proactively.
As we work together, we can provide valuable insights into:
Welcome to Our New Website!Everything was designed with you in mind, making our retirement planning resources more easily accessible to you.
