Proudly serving Beverly Hills, CA, Los Angeles, CA, Santa Monica, CA, Palos Verdes, CA, Manhattan Beach, CA, Long Beach, CA, Huntington Beach, CA, Redondo Beach, CA, Torrance, CA, Baldwin Hills, Los Angeles, CA, Century City, Los Angeles, CA, West Hollywood, CA, Hancock Park, Los Angeles, CA, Miracle Mile, Los Angeles, CA, Larchmont Village, Los Angeles, CA, Westwood, Los Angeles, CA, Brentwood, Los Angeles, CA, Bel-Air, Los Angeles, CA and surrounding areas.

Our Solomon Financial & Insurance 

is licensed to sell insurance products with various unaffiliated insurance companies in the state of California. No insurance business may be conducted outside this state

(CA Insurance License # 0G77708).

© 2020

December 3, 2019

October 16, 2019

Please reload

Recent Posts

Ready for Medicare?

December 3, 2019

1/2
Please reload

Featured Posts

What If I Need Long-Term Care?

 

 

Life expectancy has increased over the years making financial tools like long-term care insurance a key component of any sound retirement plan.

 

What is Long-Term Care?

Long-term care is custodial care for physical needs lasting

longer than 90 days. Specifically, the assistance is with ADL’s (Activities of Daily Living) such as transference, toileting, bathing, dressing and eating. Long-term care can

take place in a variety of settings such as the comfort of one’s own home, adult day care, assisted‐living or skilled nursing facility (SNF) and end of life hospice.

 

The average cost for long‐term care services varies by state and county but can easily cost thousands per month. Unfortunately, neither Medicare nor regular health insurance will pay for it (a fact that surprises many consumers).

 

Too often many are forced to self-fund---depleting savings when an insurance policy could have helped.

 

Why Long‐Term Care Insurance?

It can make a world of difference for many reasons including familial, emotional and financial.  Aging and its challenges are part of the natural progression of life. Instead of convincing oneself that you will never need long-term care just face the facts that most retirees do.

 

In fact, three out of four retirees will require it at some point in their lifetime.  Long-term care insurance is like “car insurance” for living a long life, but just like any

insurance remember it is only good if you have it before you need it.

 

Today, if you are doing well health‐wise and financially then take action now you can always be proud of.

Discounts and significant tax deductions may be available.

 

 

About the Author

Our Solomon Financial & Insurance Services is a Beverly Hills based insurance practice specializing in Long-Term Care Insurance, Medicare Health Plans (Part C and Medigap), Retirement Income planning and Life Insurance.

 

To schedule your appointment for retirement needs call 424-288-7649  or online at www.OurSolomon.com

Share on Facebook
Share on Twitter