Protection Programs for Your Financial Plan All of your insurance needs in one stopRisk analysis performed by certified specialists.Your risk protection programs are a critical component of your overall financial plan. With so many options available, it is critical that you work with a certified planning specialist to ensure you have your protection programs integrated with your investment and estate planning strategies. Today, there are multiple ways that you can solve your Long Term Care concerns in retirement. Contact us for more information about Long-Term Care, Life Insurance and other risk management insurance planning strategies:Long-Term CareAs independent financial planners, we represent all three types of long-term care policies that are available which are reimbursement, indemnity and cash payment plans. We favor the cash payment plans because they are simpler to understand and easier to access the benefits.With the passage of 2005 Federal legislation, your future long term care risk needs can be covered with new features attached to life insurance, annuities and traditional long-term care policies. Talk to us about how we can help you manage your long-term care risk.Long-Term Care Statistics:Chance that a senior citizen will become physically or cognitively impaired in their lifetime: 2 in 3Chance that a senior citizen will enter a nursing home: 1 in 3Chance that a patient in a US nursing home is sedated or physically restrained: 1 in 2Average cost to stay in a US nursing home for one year: $76,680 Average number of days which individuals that require long-term care, receive it: 904Percentage of older population with long-term care needs who live at or near the poverty level: 40%Percentage of total long-term care hours that are provided by unpaid caregivers: 84%Source: http://www.payingforseniorcare.com/longtermcare/statistics.html43% of people needing long-term care are under the age of 65.50% of individuals who enter a nursing home are broke within 3 months.75% of couples, where one spouse needs nursing home care, are broke within 6 months.