Navigating Long-Term Care: Protect Your Retirement & Family

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Navigating Long-Term Care: Protect Your Retirement & Family

Asset-Based Long term Care Solutions:

Protection With Guarantees

At Amplify Insurance Solutions, we specialize in asset-based long term care planning strategies that protect your retirement, preserve your legacy, and provide peace of mind. Our comprehensive approach helps you navigate the complexities of long term care planning with solutions that offer guaranteed premiums, guaranteed benefits, and no "use it or lose it" risk.

70%

of adults over 65 will require some form of long-term care services during their lifetime ¹

$108,405

per year is the national average cost for a private nursing home room, rising 5.1% annually ²

$61,776

annually for home health aide services (based on 40 hours weekly) ²

$54,000

per year for assisted living facility costs nationwide ²

3.7 years

is the average duration of care for women (2.2 years for men) ³

$304,000

in lost wages and benefits affects the average family caregiver ⁴

Without proper planning, these costs can rapidly deplete retirement savings, force difficult financial decisions, and place tremendous burdens on family members.

Long-term Care Planning Protects More Than Your Finances

Personal Impact of Inadequate Long-Term Care Planning

  • Loss of independence and control over daily care decisions

  • Emotional strain on family caregivers and relationships

  • Caregiver burnout affecting spouses and adult children

  • Potential reduction in quality of long-term care care received

  • Limited choices about where and how long-term care is delivered

Financial Consequences Without Long Term Care Protection

  • Rapid depletion of retirement savings from long-term care costs

  • Reduced income for the healthy spouse during care needs

  • Potential need to liquidate assets at inopportune times to pay for care

  • Tax implications from selling investments to fund long-term care care

  • Diminished legacy for heirs and charitable intentions

The Hidden Costs of Long-term Care

While the financial burden of long term care is significant, the personal toll can be equally devastating:

Impact on Caregiving Spouses During Long-term Care

  • 40-70% of family caregivers show clinically significant symptoms of depression ⁵

  • Spousal caregivers experience a 63% higher mortality risk than non-caregiving peers ⁶

  • Physical health deterioration due to long-term caregiving stress

  • Isolation from friends and community as long-term care demands increase

Effect on Adult Children Providing Long-Term Care

  • Career interruptions and lost wages averaging $304,000 per caregiver ⁷

  • Reduced retirement security due to providing long-term care

  • Balancing their own family responsibilities with parent's long-term care needs

  • Geographic relocation to provide long-term care

Asset-Based Long-term Care Protection: The Smarter Approach

Asset-based long term care solutions represent a modern approach to long-term care planning that provides exceptional benefits

How Asset-Based Long-Term Care Works

Reposition Existing Assets

Convert CDs, money market funds, or other assets into an asset-based long-term care policy

Create Long-term Care Protection

Establish a pool of benefits for potential long-term care needs

Maintain Asset Control

Access your money if your plans change with return of premium options

Guaranteed Benefits

Enjoy guaranteed premiums and benefits that never decrease

Payment Flexibility

Choose from single-premium or multi-year payment options

Comprehensive Coverage

  • Home health care coverage for care in your residence

  • Assisted living facility coverage for residential care settings

  • Nursing home coverage for higher levels of care

  • Adult day care and respite care benefits

  • Care coordination services to help navigate options

Maximum Flexibility

  • Cash indemnity benefits with no restrictions on use

  • Family caregiver payments allowed with many policies

  • International benefits available with select solutions

  • Joint coverage options for couples

  • Shared benefit pools that maximize protection

Guaranteed Protection

  • Guaranteed premiums that never increase

  • Guaranteed benefits that never decrease

  • Guaranteed cash values that provide liquidity

  • Guaranteed death benefit if long-term care care isn't needed

Long-Term Care Readiness Assessment

Family Impact of Long-term Care

  • Who would provide your long-term care if you needed it tomorrow?

  • Have you discussed your long-term care preferences with your family members?

  • Would your spouse be physically capable of providing the long-term care you might need?

  • Could your children manage your long-term care needs while balancing their own responsibilities?

Quality of Life During Long-term Care

  • Where would you prefer to receive long-term care if needed?

  • How important is maintaining your independence during long-term care?

  • What activities and routines are essential to your quality of life during long-term care?

  • Have you documented your long-term care preferences for future caregivers?

Our Exclusive 5-Step Long-term Care Planning Process

At Amplify Insurance Solutions, we've developed a comprehensive process to help you create an long-term care strategy tailored to your unique situation:

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Discovery Consultation

We begin by understanding your specific situation, concerns, and goals through a personalized consultation available virtually or in-person for Southern California residents.

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Long-Term Care Risk Analysis

Our team conducts a thorough analysis of your long-term care risks, potential costs, and protection options based on your personal situation and preferences.

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Customized Long-Term Care Plan

We develop and present personalized recommendations for asset-based long-term care protection strategies designed specifically for your needs and budget.

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Application & Underwriting Support

Our concierge service guides you through the entire application and underwriting process, making implementation simple and straightforward.

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Ongoing Review & Support

We provide regular reviews to ensure your long-term care protection remains aligned with your changing needs, plus claims advocacy if care is ever needed.

Long-term Care Success Stories

Client Profile:

Robert & Susan, ages 62 & 60

Concern:

Protecting retirement assets while maintaining legacy goals

Solution:

Repositioned low-yielding assets into asset-based long-term care policy

Results:

  • Created long-term care benefits for both spouses

  • Guaranteed death benefit if care isn't needed

  • Premiums guaranteed never to increase

  • Return of premium options for flexibility

Client Profile:

Jennifer, age 55, with several health concerns

Concern:

Worried about qualifying for long-term care protection

Solution:

Specialized asset-based policy with simplified underwriting

Results:

Successfully secured long-term care protection despite health history

Client Profile:

Margaret, age 64, with adult children in different states

Concern:

Ensuring family understands her long-term care wishes and plan

Solution:

Virtual planning sessions including children from three different states

Results:

Comprehensive long-term care plan with family consensus and understanding

Client Profile:

Robert & Susan, ages 62 & 60

Concern:

Protecting retirement assets while maintaining legacy goals

Solution:

Repositioned low-yielding assets into asset-based long-term care policy

Results:

  • Created long-term care benefits for both spouses

  • Guaranteed death benefit if care isn't needed

  • Premiums guaranteed never to increase

  • Return of premium options for flexibility

Protection With Return of Premium

Client Profile:

Jennifer, age 55, with several health concerns

Concern:

Worried about qualifying for long-term care protection

Solution:

Specialized asset-based policy with simplified underwriting

Results:

Successfully secured long-term care protection despite health history

Complex Health Situation

Client Profile:

Margaret, age 74, with adult children in different states

Concern:

Ensuring family understands her long-term care wishes and plan

Solution:

Virtual planning sessions including children from three different states

Results:

Comprehensive long-term care plan with family consensus and understanding

Multi-State Family Coordination

Protection With Return of Premium

Complex Health Situation

Multi-State Family Coordination

Calculate Your Long-term Care Costs

Explore Long-Term Care Cost based on your location and specific long-term care needs.

Calculate The Cost Of Long-Term Care Near You

Why Choose Amplify Insurance Solutions to Navigate LTC

  • Specialized in comprehensive long-term care planning solutions

  • Certified Long-Term Care (CLTC) designation and long-term care expertise

  • Licensed California insurance professionals

  • Transparent, education-first approach to long-term care planning with no high-pressure sales

  • Personalized long-term care strategies tailored to your specific situation

  • Access to multiple top-rated long-term care insurance carriers

At Amplify Insurance Solutions, we believe long-term care planning should protect your assets, preserve your independence, and provide peace of mind. Our approach focuses on solutions with guaranteed premiums, guaranteed benefits, and no "use it or lose it" risk—ensuring you maintain control of your financial future.

¹ U.S. Department of Health and Human Services, "How Much Care Will You Need?" LongTermCare.gov, 2023.

² Genworth Financial, "Cost of Care Survey," 2023.

³ U.S. Department of Health and Human Services, "Long-Term Services and Supports for Older Americans," 2020

⁴ AARP Public Policy Institute, "The Economic Value of Family Caregiving," 2021.

⁵ Family Caregiver Alliance, "Caregiver Statistics: Health, Technology, and Caregiving Resources," 2020.

⁶ Journal of the American Medical Association, "Caregiving as a Risk Factor for Mortality," 2019.

⁷ AARP Public Policy Institute, "The Economic Value of Family Caregiving," 2021.