As a woman who has raised her own children, Phyllis Hoffman knows that women are continually juggling career and family. They carry health insurance in case they get sick; they insure their cars against accidents that could result in injuries or repairs. They have life insurance to help their families carry on. They put as much money as they can into retirement plans to provide for a comfortable future. Despite all this planning, something’s missing. That something is long term care.
Women are the predominant providers of long term care in this country, but when they also have more long term care needs of their own compared to men. Women live longer than men, tend to outlive their spouses and have less access to retirement savings such as pensions.
If you are a woman, ask yourself: If I have a period of extended care, who will take care of me? And how will I pay for that care?
Those are tough questions- tough questions that must also be faced by men. As a home health nurse, Phyllis saw the financial devastation to families that did not have long term care insurance. No one had ever told them it was their responsibility to buy it.
Our aging population makes the need for coverage even more imperative, it’s estimated 10,000 folks will be turning 65 every day over the next 17 years. Only 2% have purchased long term care insurance. As the need grows, coverage will become more expensive and it could likely become more difficult to qualify. Long term care includes the support and services you might need for activities of daily living or sever cognitive impairments, whether it’s in your home or in a facility. More important than just asset protection, long term care insurance protection, long term care protects your lifestyles and your dignity.
If you’re among those who have been wondering how to establish a long term care plan in advance, it’s time for a complimentary consultation with Phyllis. You’ll find her compassionate and sincere, and with 15 years of designing affordable plans, she can lay out all your options in a way that’s readily understood.
Phyllis is a respected long term care planning specialist who has combined a nursing career and expertise in retirement planning into her current position – Long Term Care Planning Specialist for the Western Slope .
Through working with financial advisors and investment representatives associated with the top financial services companies in 14 northwest-midwest states, she learned, “Folks don’t deliberately plan to fail financially…they simply fail to plan.”
She can help you determine which plans are appropriate and whether or not you can health qualify. She has seen how a long term care plan can hold a family together during a crisis and how not having a plan can tear a family apart emotionally and financially. The planning is essential. She is a strong and practiced professional who is well equipped to view clients’ needs through the wide prism of real world circumstances. Furthermore, she is personable, down to earth realist who is fully committed to the fulfillment of client’s goals and dreams.
Phyllis and her husband William have four grown children and five grand children. The recently relocated to their beloved western Colorado after living Washington and Alaska.
Let Phyllis put her expertise to work for you. She’s available by appointment at your conveniences. Just give her a call at 970-759-5029.