Long-Term Care Insurance Planning in Huntersville

Protect Your Future Without Sacrificing Your Retirement

As we age, the chances of needing long-term care increase. Whether it’s in-home assistance, assisted living, or nursing home care, the costs can be overwhelming—and they’re not covered by traditional health insurance or Medicare.

At MB Wealth Advisors, we help individuals and families in Huntersville create long-term care insurance strategies that protect their retirement savings, relieve the burden on loved ones, and provide peace of mind for whatever the future holds.

Why You Should Plan for Long-Term Care Now

Long-term care isn’t just a healthcare issue—it’s a financial one. Without a plan, a sudden need for care could quickly drain your savings or force your family to make difficult decisions under stress.

Our planning process helps you:

• Evaluate your risk of needing care
• Estimate future care costs
• Choose the right insurance strategy based on your age, health, and goals
• Protect your retirement and your family’s financial stability

What Long-Term Care Insurance Covers

Long-term care insurance is designed to pay for services that help you perform basic daily tasks if you become chronically ill, injured, or cognitively impaired.

This includes care in settings such as:

• Your own home
• Assisted living facilities
• Adult day care centers
• Nursing homes
• Memory care units

Policies can help cover the cost of caregivers, medical equipment, and support services—preserving your dignity and independence while reducing financial pressure.

Types of Long-Term Care Planning Solutions

Traditional Long-Term Care Insurance

Stand-alone policies that pay for care if and when it’s needed. Generally lower premiums early on, but subject to rate increases and “use-it-or-lose-it” risk.

Hybrid Policies (Life + LTC)

Combines permanent life insurance with long-term care benefits. If care is needed, the policy pays out early. If not, it still pays a death benefit to beneficiaries.

Annuity-Based Solutions

Certain annuities offer riders for long-term care expenses, often without medical underwriting. These can work well for clients with existing non-qualified assets.

Self-Funding

Some clients prefer to earmark part of their savings for potential care. We help determine whether this is realistic based on retirement goals and investment strategy.

Who Needs Long-Term Care Planning?

Everyone should consider long-term care planning, but it’s especially important if you:

• Are between the ages of 50 and 65
• Have a family history of chronic illness or cognitive decline
• Want to preserve assets for a spouse or heirs
• Are single or have no children to provide care
• Want to avoid being a financial burden on loved ones

Our Process for Huntersville Residents

We walk you through the options, benefits, and trade-offs of each approach—no pressure, no confusing jargon.

Step 1: Assess Your Needs and Goals

We review your health, family history, and long-term priorities to understand your risk and preferences.

Step 2: Analyze Costs and Coverage

We provide side-by-side comparisons of traditional and hybrid policies, showing projected costs, benefits, and inflation protection options.

Step 3: Coordinate With Your Full Financial Plan

We ensure your long-term care strategy fits into your retirement, estate, and income plan—so you don’t over-insure or under-plan.

Frequently Asked Questions

Is long-term care insurance expensive?
Premiums vary by age, health, and coverage level. The earlier you start planning, the more affordable your options typically are.

What if I never need care?
Hybrid policies ensure you don’t “lose” your premiums—unused benefits become a death benefit. We help compare all options fairly.

Does Medicare cover long-term care?
Only for short-term skilled care after a hospital stay. Ongoing custodial care is not covered.

Can I still qualify if I have health issues?
Possibly. Some solutions offer simplified underwriting or no medical review. We help find what fits your situation.

Plan Ahead. Stay in Control. Protect Your Family.

Long-term care is one of the biggest retirement risks—but also one of the most manageable if you plan ahead. Let’s create a strategy that gives you options, preserves your assets, and supports your independence.

Call MB Wealth Advisors today at (704) 584-9363 or request a consultation at mbwealthadvisors.com/contact/#connect.