How Much Should You Spend On Long-Term Care Insurance? What Experts Say

    | May 30, 2024


    Rising long-term care costs can devastate seniors' savings. While long-term care insurance can help shoulder the burden, the cost varies depending on your age, health, and desired coverage. To find the right fit, consider factors like daily benefit amount, coverage length, and inflation protection – all of which can significantly impact the premium according to Todd Wolfe, a senior insurance associate at Telemus.


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    Meet with Todd Wolfe: Discuss your needs with Todd by scheduling a meeting on his calendar: [link to calendar page].

    The article provided above, and the information contained within, is from a third-party source, which we believe to be reliable, however Telemus Capital cannot guarantee the accuracy or completeness of such information, and certain information may have been condensed or summarized from its original source. The author of this article is Tim Maxwell of CBS News which is owned and operated by an independent third-party. Statements attributed to an individual represent the opinions of that individual as of the date published and do not necessarily reflect the opinions of Telemus Capital. All opinions expressed in this article are for general informational and/or educational purposes. These opinions are subject to change without notice and are not intended to serve as a substitute for personalized investment advice or as a recommendation or solicitation of any particular security, strategy or investment product. Kovitz Investment Group Partners, LLC (“Kovitz”) DBA Telemus Capital. Telemus Capital is a division of Kovitz, a registered investment adviser with the Securities and Exchange Commission (SEC). Telemus Capital’s main office is located in Southfield, Michigan. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability. Telemus Capital does not provide tax, legal or accounting advice, and nothing contained in these materials should be relied upon as such.

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