Senior Americans often find that despite saving responsibly for decades, their retirement nest egg won’t cover the costs of long term care. Instead, they end up liquidating all of their assets to qualify for medicaid, accumulating significant debt or even worse, passing the expense of long term care on to their children and loved ones.
Sadly, this issue is not likely to improve. A 2016 Genworth study found that the average monthly long term care costs were as much as $3,861 for in-home care, and as high as $7650 for nursing home care. That’s between $45,800 and $92,400 for a single year of long term care, and that cost is only increasing.
Reverselifeinsurance.com helps Seniors in this situation by providing free, no-obligation qualification appraisals, availing possible options, and connecting those qualified directly with licensed buyers.
Contact us today, and see if you qualify for a life settlement solution.