Long Term Care: Planning for the Potential Need


Course Code: B004-1 Category: Tags: ,


People are living longer, but living a long life doesn’t guarantee that it will be a healthy one; and as baby boomers age, the long-term care crisis in America will only worsen. At least 70% of people over age 65 will require long-term care services at some point in their lives. And given how hard care facilities have been hit by the coronavirus, a well thought out plan for addressing the potential need for care is essential to the physical, emotional, and financial needs of you and your family.

This class is most appropriate for ages 44-70. Attendees will receive the 35-page class notes covering:
• What are the long-term care risks and consequences?
• What are the options to protect your savings and home?
• How about transferring assets to your kids to qualify for Medicaid?
• How do the stand-alone long-term care and the new hybrid insurance alternatives work, and which might be appropriate for your situation?
• How to develop a plan of action?

Len May is a graduate of MIT’s Sloan School of Management.  He transitioned to a career in long-term care planning and insurance after he saw the consequences of both of his parents needing extended care.   Len is an independent, certified long- term care specialist. He shares his expertise by conducting seminars for consumers and by consulting with financial professionals to assist them with their clients.   Len may be reached at lenmay@alum.mit.edu .

Start Date: 01/19/21, 1 meeting
Class Time: 7:00 PM - 8:30 PM
Day of Week: Tuesday
Location: Zoom
Instructor: Len May
Status: Running/Openings