{"id":6203,"date":"2018-11-17T13:49:49","date_gmt":"2018-11-17T13:49:49","guid":{"rendered":"http:\/\/108capitalmgmt.com\/?page_id=6203"},"modified":"2024-08-28T05:34:19","modified_gmt":"2024-08-28T05:34:19","slug":"long-term-care-planning","status":"publish","type":"page","link":"https:\/\/ohiogrowthassociation.com\/?page_id=6203","title":{"rendered":"Long-Term Care Planning"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"6203\" class=\"elementor elementor-6203\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-21f0c229 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"21f0c229\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2889934f\" data-id=\"2889934f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3828b2cc elementor-widget elementor-widget-heading\" data-id=\"3828b2cc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Long-Term Care Planning<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6bf6a93c elementor-widget elementor-widget-shortcode\" data-id=\"6bf6a93c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\"><div class=\"ast-breadcrumbs-wrapper\">\n\t\t\t<div class=\"ast-breadcrumbs-inner\"><nav role=\"navigation\" aria-label=\"Breadcrumbs\" class=\"breadcrumb-trail breadcrumbs\" ><div class=\"ast-breadcrumbs\"><ul class=\"trail-items\" ><li  class=\"trail-item trail-end\"><span><a href=\"https:\/\/ohiogrowthassociation.com\" rel=\"home\"><span >Home<\/span><\/a><\/span><\/li><\/ul><\/div><\/nav><\/div>\n\t\t<\/div><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3a2f3e59 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3a2f3e59\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-no\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-4816ee88 elementor-invisible\" data-id=\"4816ee88\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;animation&quot;:&quot;fadeInLeft&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-edea055 elementor-widget elementor-widget-heading\" data-id=\"edea055\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Long-Term Care Planning<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-53b5f52c elementor-widget elementor-widget-text-editor\" data-id=\"53b5f52c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Look at the following statistics. If they don\u2019t scare you into taking a long look at obtaining some kind of long-term care insurance (LTCI), nothing will.<\/p><ul><li>On average, 69% of people age 65 or older will need some form of long-term care (according to www.longtermcare.gov).<\/li><li>The average daily cost of a <strong><span style=\"text-decoration: underline;\">private nursing home room<\/span><\/strong> in 2018 was <span style=\"text-decoration: underline;\"><span style=\"color: #ff0000; text-decoration: underline;\">$275<\/span><\/span> a day or <span style=\"text-decoration: underline; color: #ff0000;\">$100,375<\/span> annually (private room).*<\/li><li>The average daily cost of an <strong><span style=\"text-decoration: underline;\">assisted living care facility<\/span><\/strong> in 2018 was <span style=\"text-decoration: underline; color: #ff0000;\">$132<\/span> a day or <span style=\"text-decoration: underline; color: #ff0000;\">$48,180<\/span> annually (private room).*<\/li><li>However, in some states the cost for nursing home care is much higher: Alaska (<span style=\"text-decoration: underline; color: #ff0000;\">$907 per day<\/span>), New York (<span style=\"text-decoration: underline;\"><span style=\"color: #ff0000; text-decoration: underline;\">$401 per day<\/span><\/span>), CT (<span style=\"text-decoration: underline; color: #ff0000;\">$452 per day<\/span>), California (<span style=\"text-decoration: underline; color: #ff0000;\">$323 per day<\/span>), and Pennsylvania (<span style=\"color: #ff0000;\">$333 per day<\/span>).*<\/li><li>Americans who are 65 years old and older and have incomes greater than $20,000, <strong><span style=\"text-decoration: underline; color: #000000;\">only 16% have LTC insurance<\/span><\/strong>.<\/li><li>\u201cFailure to prepare for the cost of a nursing facility stay or other long-term care is the primary cause of impoverishment among the elderly.\u201d (The American Health Care Association, 1997)<\/li><\/ul><p><strong><span style=\"text-decoration: underline;\">Do you have LTCI<\/span>?<\/strong> Based on the statistics, we know for most the answer is NO.<\/p><p><strong><span style=\"text-decoration: underline;\">Should you have LTCI<\/span>?<\/strong> Based on the statistics, we know the answer is YES! If the average cost of a nursing home stay is over $100,000 a year, how many years do you have to stay in that home before spending a good percentage, if not all, of your wealth?<\/p><p><strong><span style=\"text-decoration: underline;\">Why don\u2019t people purchase LTCI<\/span>?<\/strong> There are really two reasons people do not buy LTCI. 1) Cost. It can be expensive. 2) Need. Many people have the \u201cit won\u2019t happen to me\u201d attitude when it comes to the need for LTC expenses.<\/p><p>The sad truth is that the people who buy LTCI are people who have had a loved one or a friend who felt the devastating effects of LTC costs and didn\u2019t have LTCI.<\/p><p><strong><span style=\"text-decoration: underline;\">What does LTCI cover<\/span>?<\/strong> It depends on the policy purchased. Some cover only nursing home care while others cover in-home care as well as a number of other expenses. The coverage will have a limit (usually a daily or monthly limit).<\/p><p><strong><span style=\"text-decoration: underline;\">What triggers LTCI coverage to kick in<\/span>?<\/strong> Typically, it\u2019s when you can\u2019t perform \u201c2 of 6 ADLs.\u201d ADL stands for activities of daily living: Bathing, Dressing, Toileting, Transferring, Continence, and Eating without help.<\/p><p><strong><span style=\"text-decoration: underline;\">LTCI options<\/span><\/strong><\/p><p>There are several different ways to obtain LTCI coverage. Depending on your situation, one may be better for you than another.<\/p><p><span style=\"text-decoration: underline;\"><strong>Traditional LTCI<\/strong><\/span>\u2014this is the best but also the most expensive type of LTCI. You pay an annual <span style=\"text-decoration: underline; color: #ff0000;\">premium of $2,500-$10,000+ a year<\/span> (depending on your age); and if you incur LTC expenses, the policy will pay up to its daily limit. Traditional LTCI is like term life insurance. If you don\u2019t use it, you do not get the premiums back.<\/p><p>Single Premium Life Insurance policies that have LTC benefits\u2014most people are not aware of the fact that they can purchase a <span style=\"text-decoration: underline; color: #818285;\">life insurance policy that has an LTC benefit<\/span>. Why would you purchase this type of policy? Because if you have LTC costs, the policy will pay and if you ever need the money you paid in premiums, it\u2019s accessible. That\u2019s right. If you paid a $200,000 one-time premium for a policy and needed the money in years two, three, or whenever, you could ask the insurance company for a <span style=\"text-decoration: underline;\"><span style=\"color: #818285; text-decoration: underline;\">refund of your entire premium<\/span><\/span>.<\/p><p>Additionally, some policies grow money in the policy similar to money market\/certificate of deposits. This type of policy is a good fit for an older client who has money sitting in CDs and money market accounts because they think they may need the money someday and, therefore, do not want to allocate it to buying traditional LTCI.<\/p><p>To view\/listen to a video presentation on SPL policies, please click on the image below.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a67be08 elementor-widget elementor-widget-text-editor\" data-id=\"a67be08\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Retirement Life\u2122 (RL)\u2014as you can read by <a href=\"\/tax-free-retirement\/\">clicking here<\/a>, growing wealth through the use of RL can be a terrific idea for many. A nice byproduct of using a RL policy is that the policy comes with a <span style=\"text-decoration: underline; color: #818285;\">FREE chronic illness rider<\/span>. Essentially, if you can\u2019t perform 2 of 6 ADLs, the insurance company will give you 2% of your death benefit early (<span style=\"text-decoration: underline;\"><span style=\"color: #818285; text-decoration: underline;\">tax-free<\/span><\/span>). This type of coverage is not as good as a traditional LTCI policy; but if you are buying a policy to build wealth, why not buy one with a <span style=\"text-decoration: underline;\"><span style=\"color: #818285; text-decoration: underline;\">FREE chronic illness benefit<\/span><\/span>?<\/p><p><strong><span style=\"text-decoration: underline;\">Deducting the cost for LTCI<\/span><\/strong><\/p><p>Most people do not know how to write off traditional LTCI premiums. While not everyone can do so, some can. If you would like to learn how to obtain a <span style=\"text-decoration: underline; color: #818285;\">100% deduction<\/span> for LTCI premiums, please contact us.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5b98a911 elementor-widget elementor-widget-icon-box\" data-id=\"5b98a911\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\n\t\t\t\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\n\t\t\t\t\t\t\t\t\t<h4 class=\"elementor-icon-box-title\">\n\t\t\t\t\t\t<span  >\n\t\t\t\t\t\t\tGetting help\t\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/h4>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-description\">\n\t\t\t\t\t\t<p>We hope that after reading this material you are sufficiently motivated to learn more about LTCI. Our firm specializes in helping clients find the right LTCI benefit at the lowest possible cost. <span style=\"text-decoration: underline;color: #818285\">If you would like help<\/span>, please set up a <a href=\"\/set-a-virtual-consultation\/\">free virtual consultation<\/a>.<\/p>\n<p>*Genworth Cost of Care Survey 2018<\/p>\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-76997d49 elementor-invisible\" data-id=\"76997d49\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;animation&quot;:&quot;fadeInRight&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-36d7fe3 elementor-widget elementor-widget-template\" data-id=\"36d7fe3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<div data-elementor-type=\"section\" data-elementor-id=\"23893\" class=\"elementor elementor-23893\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t\t<div class=\"elementor-section elementor-top-section elementor-element elementor-element-ad6f994 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ad6f994\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b0959eb elementor-invisible\" data-id=\"b0959eb\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;fadeInLeft&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-0e8011c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0e8011c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-7d23502\" data-id=\"7d23502\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-eb26fe0 elementor-widget elementor-widget-heading\" data-id=\"eb26fe0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">FINANCIAL LITERACY COURSE<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-688264e elementor-widget elementor-widget-image\" data-id=\"688264e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" data-src=\"https:\/\/ohiogrowthassociation.com\/wp-content\/uploads\/2020\/08\/Financial-Literacy-Course-275.png\" width=\"275\" height=\"410\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" class=\"attachment-full size-full wp-image-7321 lazyload\" alt=\"\" \/><noscript><img decoding=\"async\" width=\"275\" height=\"410\" src=\"https:\/\/ohiogrowthassociation.com\/wp-content\/uploads\/2020\/08\/Financial-Literacy-Course-275.png\" class=\"attachment-full size-full wp-image-7321\" alt=\"\"><\/noscript>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-030e2c0 elementor-widget elementor-widget-heading\" data-id=\"030e2c0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Education<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-45cac5b elementor-nav-menu--dropdown-none elementor-widget elementor-widget-nav-menu\" data-id=\"45cac5b\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;layout&quot;:&quot;vertical&quot;,&quot;submenu_icon&quot;:{&quot;value&quot;:&quot;&lt;i class=\\&quot;fas fa-caret-down\\&quot; aria-hidden=\\&quot;true\\&quot;&gt;&lt;\\\/i&gt;&quot;,&quot;library&quot;:&quot;fa-solid&quot;}}\" data-widget_type=\"nav-menu.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<nav aria-label=\"Menu\" class=\"elementor-nav-menu--main elementor-nav-menu__container elementor-nav-menu--layout-vertical e--pointer-text e--animation-none\">\n\t\t\t\t<ul id=\"menu-1-45cac5b\" class=\"elementor-nav-menu sm-vertical\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-23545\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=7319\" class=\"elementor-item menu-link\">Financial Literacy Course<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-23543\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=23118\" class=\"elementor-item menu-link\">App Central<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-23559\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=6219\" class=\"elementor-item menu-link\">Tax-Planning<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-23548\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=6271\" class=\"elementor-item menu-link\">IRAs and Roth IRAs<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-23546\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=7160\" class=\"elementor-item menu-link\">Fixed Indexed Annuities<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-23547\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=6195\" class=\"elementor-item menu-link\">Guaranteed Income for Life<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-23549\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=4904\" class=\"elementor-item menu-link\">Life Insurance Made Easy<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-23553\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=6756\" class=\"elementor-item menu-link\">Safe Money Tools<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-23554\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=4813\" class=\"elementor-item menu-link\">Retirement<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-23556\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=4859\" class=\"elementor-item menu-link\">Roth IRA Conversions<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-23557\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=6197\" class=\"elementor-item menu-link\">Tax-Free Retirement<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-24213\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=24200\" class=\"elementor-item menu-link\">Buy Sell Education<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<nav class=\"elementor-nav-menu--dropdown elementor-nav-menu__container\" aria-hidden=\"true\">\n\t\t\t\t<ul id=\"menu-2-45cac5b\" class=\"elementor-nav-menu sm-vertical\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-23545\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=7319\" class=\"elementor-item menu-link\" tabindex=\"-1\">Financial Literacy Course<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-23543\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=23118\" class=\"elementor-item menu-link\" tabindex=\"-1\">App Central<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-23559\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=6219\" class=\"elementor-item menu-link\" tabindex=\"-1\">Tax-Planning<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-23548\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=6271\" class=\"elementor-item menu-link\" tabindex=\"-1\">IRAs and Roth IRAs<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-23546\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=7160\" class=\"elementor-item menu-link\" tabindex=\"-1\">Fixed Indexed Annuities<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-23547\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=6195\" class=\"elementor-item menu-link\" tabindex=\"-1\">Guaranteed Income for Life<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-23549\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=4904\" class=\"elementor-item menu-link\" tabindex=\"-1\">Life Insurance Made Easy<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-23553\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=6756\" class=\"elementor-item menu-link\" tabindex=\"-1\">Safe Money Tools<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-23554\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=4813\" class=\"elementor-item menu-link\" tabindex=\"-1\">Retirement<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-23556\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=4859\" class=\"elementor-item menu-link\" tabindex=\"-1\">Roth IRA Conversions<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-23557\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=6197\" class=\"elementor-item menu-link\" tabindex=\"-1\">Tax-Free Retirement<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-24213\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=24200\" class=\"elementor-item menu-link\" tabindex=\"-1\">Buy Sell Education<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-section elementor-top-section elementor-element elementor-element-abfbbb8 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"abfbbb8\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-16a2920 elementor-invisible\" data-id=\"16a2920\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;fadeInLeft&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5c0923c elementor-widget elementor-widget-heading\" data-id=\"5c0923c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Qualified Retirement Plans<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-058e169 elementor-nav-menu--dropdown-none elementor-widget elementor-widget-nav-menu\" data-id=\"058e169\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;layout&quot;:&quot;vertical&quot;,&quot;submenu_icon&quot;:{&quot;value&quot;:&quot;&lt;i class=\\&quot;fas fa-caret-down\\&quot; aria-hidden=\\&quot;true\\&quot;&gt;&lt;\\\/i&gt;&quot;,&quot;library&quot;:&quot;fa-solid&quot;}}\" data-widget_type=\"nav-menu.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<nav aria-label=\"Menu\" class=\"elementor-nav-menu--main elementor-nav-menu__container elementor-nav-menu--layout-vertical e--pointer-text e--animation-none\">\n\t\t\t\t<ul id=\"menu-1-058e169\" class=\"elementor-nav-menu sm-vertical\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-4975\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=4786\" class=\"elementor-item menu-link\">401(k) Plans<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-4978\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=4782\" class=\"elementor-item menu-link\">Roth 401(k) Plans<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-4979\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=4859\" class=\"elementor-item menu-link\">Roth IRA Conversions<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-4974\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=4723\" class=\"elementor-item menu-link\">401(h) Plans<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-4973\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=4771\" class=\"elementor-item menu-link\">412(e)3 Defined Benefit Plans<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-4977\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=4775\" class=\"elementor-item menu-link\">Defined Benefit Plans<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<nav class=\"elementor-nav-menu--dropdown elementor-nav-menu__container\" aria-hidden=\"true\">\n\t\t\t\t<ul id=\"menu-2-058e169\" class=\"elementor-nav-menu sm-vertical\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-4975\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=4786\" class=\"elementor-item menu-link\" tabindex=\"-1\">401(k) Plans<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-4978\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=4782\" class=\"elementor-item menu-link\" tabindex=\"-1\">Roth 401(k) Plans<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-4979\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=4859\" class=\"elementor-item menu-link\" tabindex=\"-1\">Roth IRA Conversions<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-4974\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=4723\" class=\"elementor-item menu-link\" tabindex=\"-1\">401(h) Plans<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-4973\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=4771\" class=\"elementor-item menu-link\" tabindex=\"-1\">412(e)3 Defined Benefit Plans<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-4977\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=4775\" class=\"elementor-item menu-link\" tabindex=\"-1\">Defined Benefit Plans<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-section elementor-top-section elementor-element elementor-element-24aa642 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"24aa642\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-20a1d38 elementor-invisible\" data-id=\"20a1d38\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;fadeInLeft&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-67f29cc elementor-widget elementor-widget-heading\" data-id=\"67f29cc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Long-Term Care<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2eb020d elementor-nav-menu--dropdown-none elementor-widget elementor-widget-nav-menu\" data-id=\"2eb020d\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;layout&quot;:&quot;vertical&quot;,&quot;submenu_icon&quot;:{&quot;value&quot;:&quot;&lt;i class=\\&quot;fas fa-caret-down\\&quot; aria-hidden=\\&quot;true\\&quot;&gt;&lt;\\\/i&gt;&quot;,&quot;library&quot;:&quot;fa-solid&quot;}}\" data-widget_type=\"nav-menu.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<nav aria-label=\"Menu\" class=\"elementor-nav-menu--main elementor-nav-menu__container elementor-nav-menu--layout-vertical e--pointer-text e--animation-none\">\n\t\t\t\t<ul id=\"menu-1-2eb020d\" class=\"elementor-nav-menu sm-vertical\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-23869\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=4888\" class=\"elementor-item menu-link\">Medicaid Planning<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-23868\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=6203\" class=\"elementor-item menu-link\">Long-Term Care Planning<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-23867\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=4907\" class=\"elementor-item menu-link\">Long-Term Care Insurance<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<nav class=\"elementor-nav-menu--dropdown elementor-nav-menu__container\" aria-hidden=\"true\">\n\t\t\t\t<ul id=\"menu-2-2eb020d\" class=\"elementor-nav-menu sm-vertical\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-23869\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=4888\" class=\"elementor-item menu-link\" tabindex=\"-1\">Medicaid Planning<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-23868\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=6203\" class=\"elementor-item menu-link\" tabindex=\"-1\">Long-Term Care Planning<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-23867\"><a href=\"https:\/\/ohiogrowthassociation.com\/?page_id=4907\" class=\"elementor-item menu-link\" tabindex=\"-1\">Long-Term Care Insurance<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Long-Term Care Planning Long-Term Care Planning Look at the following statistics. If they don\u2019t scare you into taking a long look at obtaining some kind of long-term care insurance (LTCI), nothing will. On average, 69% of people age 65 or older will need some form of long-term care (according to www.longtermcare.gov). The average daily cost [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"class_list":["post-6203","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/ohiogrowthassociation.com\/index.php?rest_route=\/wp\/v2\/pages\/6203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ohiogrowthassociation.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/ohiogrowthassociation.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/ohiogrowthassociation.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ohiogrowthassociation.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6203"}],"version-history":[{"count":0,"href":"https:\/\/ohiogrowthassociation.com\/index.php?rest_route=\/wp\/v2\/pages\/6203\/revisions"}],"wp:attachment":[{"href":"https:\/\/ohiogrowthassociation.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}