Having CAREfidence Is Challenging On Your Own

1. How did you project your future need for Long-Term Care (LTC), including the type of care and duration? 

2. Based on that projection, what is the estimated need and cost of your future LTC expenses? 

3. What specific investments or assets have you allocated to cover the estimated expenses for LTC? 

4. What is our "Plan B" if your self-funding plan fails or proves insufficient?

5. How could a change in your health or lifestyle impact your ability to follow through with self-funding LTC?

6. How would you feel if or when care facilities and providers prioritize those with formal LTC Planning ahead of those like you who are "private pay," uninsured, or self-funding? 

7. Could your Self-Funding strategy affect your financial goals, retirement plans, or legacy plans?

8. How could Self-Funding LTC affect retirement income plans for yourself or your spouse/partner? 

9. How have you calculated or quantified the physical, emotional, and financial cost of your self-funding strategy on your family or loved ones?

10. Who is your durable power of attorney, and what are their thoughts on your self-funding strategy?

11. How will your self-funding strategy perform in a challenging market or economic environment?

12. What inflation rate does your Self-Funding strategy assume for the cost of care?

13. What are the tax implications of paying for your care under a Self-Funding strategy?

14. What steps have you taken to communicate your self-funding choice with your loved ones?

15. What safeguards are in place to prevent your loved ones from prioritizing their inheritance over your desired quality of care?