With 2 out of 3 people in retirement eventually requiring home and other convalescent care, paying for long-term care has become one of our society’s greatest financial concerns. With the cost of care in the Bay Area among the highest in the country, planning ahead is still critical to managing your out-of-pocket costs.

More and more people find it makes sense for them to leverage their own money with a special non-traditional LTC plan. This alternative insurance has created options to leverage assets three to six times when they are need most.

Michaud and Pastula will discuss why many people reject traditional long-term care insurance and choose to self-insure with the help of a non-traditional LTC plan and how trends in legislation encourage this type of planning.