Long-Term Care Insurance Can Be Cheaper than Do-It-Yourself Caregiving, Austin-Based Specialist Claims

If one of your aging parents suddenly needs help with the tasks of daily living, who will provide it? You? "If that's your default plan," says Raetta Aleshire, Austin-based agent with LTC Financial Partners, "be prepared for sticker shock.

New York City, NY (prHWY.com) December 6, 2011 - FOR IMMEDIATE RELEASE
Contact:
Raetta Aleshire
graduate of the LTC Institute
LTC Financial Partners
rae.aleshire@ltcfp.net
512-750-5754

Austin, Texas, December 6, 2011 - If one of your aging parents suddenly needs help with the tasks of daily living, who will provide it? You? "If that's your default plan," says Raetta Aleshire, Austin-based agent with LTC Financial Partners, "be prepared for sticker shock. Your services don't come free."

"Do-it-yourself caregiving can be very expensive. In fact long-term care insurance, even with premium payments extending over 30 years, can be much cheaper."

This assertion is based on a recent report published by the MetLife Mature Market Institute, "The MetLife Study of Caregiving Costs to Working Caregivers: Double Jeopardy for Baby Boomers Caring for Their Parents." For America's 10 million employed caregivers, lifetime losses in pay, pensions, and social security benefits total an estimated $3 trillion, according to the study. That amounts to $304,000 per worker..

"It will cost you a fraction of that for insurance, so you have the money to pay a professional to care for your parent," says Aleshire.

More information is available from Raetta Aleshire at 512-750-5754 or http://RaeAleshire.ltcfp.com.

Aleshire is a leading Texas long-term care insurance agent, and LTC Financial Partners is one of America's largest and most experienced long-term care insurance agencies. The company is a co-founder and sponsor of the "3 in 4 Need More" campaign, which seeks to multiply the number of Americans protected by long-term care planning.

In California the company is known at LTC Partners & Insurance Services; in other states, as LTC Financial Partners.

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