Planning for the Unexpected: Long-Term Care and Your Financial Future
Chances are, you could live well into your 80s, 90s—or even longer. And while longevity is something to be celebrated, it also brings unique challenges. As you age, the likelihood of needing long-term care increases significantly. In fact, nearly 70% of people turning 65 today will require some form of long-term care during their lifetime¹. But this isn’t just a concern for seniors—unexpected illness or accidents can impact younger individuals, too.
Many people associate the term “long-term care” strictly with insurance. While insurance can be a key component, true long-term care planning is broader and deeper. It includes everything from support services and financial strategies to questions of housing, legal preparation, and family dynamics. It’s not just about how to afford care—but where you’ll receive it, and how those decisions impact your overall retirement strategy.
Here’s the reality: long-term health care is often not covered by medical insurance, Medicare supplements, or employer-provided plans. And for those relying on Medicare alone, the benefits can be quite limited.
That’s why over 10 million Americans have chosen to proactively purchase long-term care coverage¹. At Retire Well Dallas, we offer a full spectrum of LTC solutions—including traditional individual policies, asset-based LTC, and life-insurance-integrated options. Concerned about cost or insurability? You’re not alone—and we have alternative strategies that may still meet your needs, without compromising the quality of coverage.
Our goal is to help you plan with confidence. So, let’s take the uncertainty out of the equation. Set up a time to talk with us and discover not if—but how—you can qualify for protection that aligns with your goals.
1Source: Administration on Aging, U.S. Department of Health and Human Services
Retire Well Dallas: Best Long-Term Care Insurance Plans That Protect What Matters
Life Changes Fast. Is Your Retirement Ready?
At Retire Well Dallas, we’ve seen firsthand how quickly stability can shift. One moment you’re enjoying retirement in California or Florida… and the next, you’re facing unexpected care needs with no financial safety net. Sadly, most people delay thinking about long-term care planning until it’s too late.
Here’s what we often hear:
- “I’m healthy now, do I really need this?”
- “Is long-term care insurance even worth it?”
- “What’s the best way to protect my estate?”
The truth? Avoiding this conversation could cost you more than money.
The Hidden Risk in Retirement No One Talks About
Long-term care isn’t just for the elderly. It’s a smart safeguard against rising healthcare expenses. Whether you’re enjoying life in Dallas or planning a move to Seattle, WA, your financial legacy deserves protection.
Did you know? According to Genworth’s 2023 Cost of Care Survey, the median annual cost of a private room in a nursing home now exceeds $116,000 in the U.S. — a figure that continues to climb.
That’s why the best long-term care insurance in Florida or wherever you retire isn’t a luxury. It’s a powerful piece of your long-term financial toolkit.
We Don’t Just Sell Insurance. We Design Strategy
At Retire Well Dallas, we believe one-size-fits-all coverage doesn’t cut it — especially for our clients in Oklahoma, Mississippi, and beyond.
Here’s how we do things differently:
- We analyze your assets, income streams, and estate plans
- We integrate coverage with premium finance life insurance
- We leverage financial solutions for long-term care that keep your wealth protected
Our approach helps you maintain control of your wealth, whether you need care tomorrow or never.
Why Work With Us?
We’re not just advisors. We’re retirement specialists who walk with you from planning to preservation. If you live in Florida or California — or plan to relocate — we guide your choices with local insight and national reach.
What sets us apart:
- Independent advice: We serve your best interest, not an insurance brand
- Financial alignment: We tailor policies to your full retirement portfolio
- Client education: We explain, not pressure — so you stay informed
We make sure your long-term care insurance Florida plan works in harmony with the rest of your retirement goals.
We Answer the Questions Others Avoid
You may be asking:
- What happens if I never use the coverage?
- Is long-term care the same as health insurance?
- Can I still qualify if I’m over 60?
The answers vary — and that’s why a conversation is critical. That’s where a trusted long-term care consultant can make all the difference. We’re here to walk you through every option, side by side.
Let’s Build a Plan That Works for You
From Dallas to Mississippi, from Oklahoma to Seattle, WA, our clients know they’re getting more than a quote — they’re getting a plan.
We invite you to explore a smarter way to:
- Protect your assets from unexpected medical costs
- Reduce the tax impact on your retirement withdrawals
- Leave a legacy, not a liability
It starts with a conversation. Book a no-pressure strategy session with one of our retirement planning professionals today.
Want to understand more before speaking with us?
Plan Smarter. Retire Stronger.
At Retire Well Dallas, we help high-net-worth individuals, small business owners, and pre-retirees build the retirement they’ve envisioned. We offer tax-focused strategies, premium insurance solutions, and high-touch planning to keep your future secure — no matter what life throws your way.
Let’s take the first step, together. Connect with us today and let’s explore how the best long-term care insurance in Florida or anywhere else can be part of your larger, smarter retirement plan.
Call us today at 214-762-2327 or email MarkGardner@RetireWellDallas.
frequently asked questions
What is long-term care, and why should it be part of my retirement plan?
Long-term care covers services like assisted living or in-home care, often not covered by Medicare. Including it in your retirement plan helps protect your assets and ensures care doesn’t become a financial or emotional burden for your family.
At what age should I start considering long-term care planning?
Ideally, begin planning in your late 50s to early 60s, when premiums are more affordable and health underwriting is favorable. Early planning increases options and long-term protection.
What types of long-term care insurance options are available?
We review traditional LTC policies, hybrid life insurance with LTC riders, and annuity-based LTC solutions. Each has different cost structures, benefits, and flexibility depending on your health and financial goals.
How does long-term care coverage differ from health insurance or Medicare?
Medicare and health insurance typically cover short-term or acute care—not extended custodial care. Long-term care insurance fills this gap, covering daily assistance services needed due to chronic illness or disability.
What factors determine the cost of long-term care insurance?
Age, health status, benefit period, daily benefit amount, and inflation protection are key cost drivers. We help you select cost-effective options that align with your projected needs and budget.
Can long-term care plans protect my retirement savings and assets?
Yes, long-term care insurance helps preserve retirement assets by covering costly extended care services, avoiding the need to liquidate investments or disrupt income strategies to pay for care.
Does Retire Well Dallas provide reviews of existing long-term care policies?
Yes. We assess current policies for adequacy, cost, and alignment with your retirement goals. If your policy is outdated or lacks inflation protection, we’ll suggest modern alternatives or enhancements.