Save for Long Term Care

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Save for Long Term Care

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Need Help With Insurance?

First Merchants Investment Services can help you reach your financial goals. Call 1.866.238.0082 to get started on a customized plan for you and your loved ones.

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How Much Do I Need to Save For Long-Term Care Insurance Needs?

There are three fundamental ways to meet your long-term care needs. Long-term care costs can be covered by long-term care insurance or by qualifying for Medicaid. Self-insuring is typically the other option. If you are interested in going down the self-insurance path, you will need to save the appropriate amount of money to meet your long-term care needs.