{"id":261,"date":"2020-02-25T21:55:49","date_gmt":"2020-02-25T21:55:49","guid":{"rendered":"http:\/\/gpswp.com\/cothrancapital\/?page_id=261"},"modified":"2022-05-18T15:42:13","modified_gmt":"2022-05-18T15:42:13","slug":"long-term-care","status":"publish","type":"page","link":"https:\/\/gpswp.com\/cothrancapital\/services\/long-term-care\/","title":{"rendered":"Long Term Care"},"content":{"rendered":"\n

Long-term care refers to medical and support\nservices for those who have difficulty in executing routine daily functions, or\nthose individuals with prolonged or degenerative illnesses, cognitive\ndisorders, old age and or other conditions. Nursing homes are probably what\ncome to mind first when discussing long-term care, but long-term care can also\ninclude assisted-living facilities, continuing-care retirement communities and\nhome healthcare, among others. <\/p>\n\n\n\n

One reason long-term care planning warrants more\nconsideration today than in decades past is because we’re living longer lives.\nAccording to the U.S.\nDepartment of Health and Human Services<\/a>, 70\npercent of people turning age 65 can expect to use some form of long-term\ncare during their lives. Not having a plan can mean that costs fall\non younger family members, causing a financial strain; or on a retired spouse,\nleading him or her to deplete their own retirement savings. <\/p>\n\n\n\n

As the baby boomer generation ages and the\ndemand for long-term care increases, new methods of paying for long-term care\nhave surfaced. In addition, individuals may look for assistance from life\ninsurance and annuity policies that may include features that provide enhanced\nbenefits if the policy owner becomes impaired (subject to certain\nrequirements).<\/p>\n\n\n\n

Since dramatic changes in our health can surface\nquickly and without much warning, it can be extremely beneficial to have a\nsound plan to be able to fund long-term care, should you need it at any point\nin your retirement. We are here to help you prepare for a long and\ncomfortable retirement. <\/p>\n","protected":false},"excerpt":{"rendered":"

Long-term care refers to medical and support services for those who have difficulty in executing routine daily functions, or those individuals with prolonged or degenerative illnesses, cognitive disorders, old age and or other conditions. Nursing homes are probably what come to mind first when discussing long-term care, but long-term care can also include assisted-living facilities, continuing-care […]<\/p>\n","protected":false},"author":1,"featured_media":395,"parent":6,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"acf":[],"yoast_head":"\nLong Term Care - Cothran Capital, LLC<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gpswp.com\/cothrancapital\/services\/long-term-care\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Long Term Care - Cothran Capital, LLC\" \/>\n<meta property=\"og:description\" content=\"Long-term care refers to medical and support services for those who have difficulty in executing routine daily functions, or those individuals with prolonged or degenerative illnesses, cognitive disorders, old age and or other conditions. 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