Long-Term Care

At Burr Capital Advisors, we understand that thinking about long-term care expenses can be a very daunting and intimidating thought. While it might be one of the biggest financial challenges for individuals that are creating a retirement plan, know that you’re not alone. According to the U.S. Department of Health and Human Services, nearly 70% of people over the age of 65 will need long-term care services at some point in their lives. There are many benefits that come along with long-term care, including: 

• Assistance With Daily Activities - There’s nothing more frustrating than not being able to complete basic tasks during the day, like bathing, getting dressed, driving, or cooking a meal. With long-term care, you can receive the quality care you need to enjoy each day, not struggle through it.  
• Available For All Ages - While long-term care is commonly tied with the elderly, it is not just for seniors. Long-term care is available for any person, at any age, that may need extended care. 
• Payment Options - While long-term care is often provided by friends and family, there is a burden of finances that comes along with it. However, there are payment options available to lessen the burden, including self-insure or long-term care insurance. 

Our team at Burr Capital Advisors knows that you want to protect your assets, preserve your dignity, and maintain your independence as best as you can, even if you are in need of long-term care. Our expert financial advisors are here to help you navigate this process and create a plan that fits you and your needs. We do so by providing you with all of the resources and information you need to understand your options and make the decision that’s right for you. For more information about long-term care, how it works, the cost, and more, please reach out to our expert team today.