The future can be a great unknown, especially if you don’t prepare for every possibility.  There can be unavoidable occurrences that can make it difficult to even do standard day-to-day activities such as bathing, getting dressed and cooking.  What will happen to you if something does happen?  Sure there are options such as moving in with family or hiring a caregiver or moving into an assisted living facility.  These options are available, but they often cost quite a bit of money.

Consider this.  A couple retiring today at age 65 will have a 60% chance of needing some type of long-term care.  With the aging population this number is expected to increase quite a bit over the next 10 years.  To give you an idea on the costs of long-term care, here is how it breaks down in Nebraska:

Long Term Care cost study in Nebraska for 2010 (Nursing Homes)

We at Kollmorgen & Associates can relate to your predicament since we had a parent/ grandparent that’s lived in a facility for nearly 10 years.  Our solution?  Individual long-term care.  Individual long-term care is a financial assistance program that helps you in times that most traditional insurances are not able to lend a helping hand.  During our review of your unique situation, we thoroughly review your financial plan and outline some of the common resources available to provide assistance with a Long Term Care Plan.

We diligently do this for our clients because we understand that you have worked 30-40 years to build a retirement plan.  You don’t want to have to spend all of your retirement to help support a love one or spend your own when its not necessary.  We can help you create a plan where you don’t have to.