November is National Long-Term Care Awareness Month (LTCAM). The US Congress created LTCAM so that people would learn more about how hight long term care insurance costs can be.

LTCAM is well recognized by a number of Governors, including Rick Perry and George W. Bush. Houston’s own Mayors Bill White and Annise Parker have issued LTCAM proclamations.

Local, state and national governments recognize how unprepared citizens are. When it comes to being able to afford often catastrophically expensive long-term care (LTC) costs, many of us are unprepared. Our government will not be able to adequately bear the costs of providing LTC. Long term care insurance costs are often a fraction of actual long term care costs.

Does Medicare pay for long-term care? No! Not type of care most Americans need. When long term care lasts for more than a short time, costs can be catastrophic. How much does long term care cost? Visit the Cost of Care Calculator at www.Genworth.com to find out.

The purpose of LTCAM is to raise awareness of the need to plan responsibly for LTC, right now! This is the very best way to ensure dignity, options, access and choices if LTC is necessary.

Unfortunately, the odds of needing LTC are high. You protect against other risks, like a car accident or house fire. The need for LTC is more likely than a house fire or car accident. LTC often costs more than a car or a house. If you’re not prepared, a lengthy LTC need puts your savings and retirement, and family at risk.

Just as it is smart to plan ahead for retirement, it’s smart to plan now for long-term care.

Please check the Resources page of my site for comprehensive, reputable information on LTC.

If you haven’t yet planned for your LTC, I urge you to do so.