What it is
Planning for scenarios like needing help at home, assisted living, or nursing care.
How it works
The advisor explains typical long-term care costs in plain numbers.
You look at your health, family history, and finances together.
They show options: pay out of pocket, buy insurance, use hybrid policies, use home equity, etc.
You choose a plan so you’re not scrambling if something happens.
Simple Example
You’re worried about one spouse needing a nursing home later.
The advisor might show:
“If we self-fund, here’s how long your savings last.”
“If we use this type of policy, here’s how much of the risk the insurance company takes.”
You choose the option that feels best for your budget and peace of mind.
Important Disclosure: Descriptions of services on this page are general in nature and are provided for informational and educational purposes only. Actual services are provided solely by independent third-party advisors who participate in the Retirement Readiness Quiz (RRQ) program. RRQ is not a registered investment adviser, broker-dealer, tax professional, or law firm, and does not supervise, control, or guarantee the advice or services of any advisor. Nothing here should be considered personalized investment, tax, or legal advice, or a guarantee of future results. Before implementing any strategy, you should review the advisor’s regulatory filings (such as Form ADV), written disclosures, and engagement agreements, and consult with your own qualified professionals as needed.
