LTC - Long-Term Care Financial Analysis Tools

Long-Term Care Financial Analysis Tools

Financial Analysis Tools
Calculate a Premium	This program allows you to see a estimate of what your costs would be based on an average of four A Rated carriers or better with an input from you of your age,"Daily Benefit", "Benefit Period", and either applying as single or with a partner. It will quote that requested plan design with no inflation rider, a 5% simple inflation rider, and a 5% compound inflation rider. You will also choose a payment method, monthly to annual.
Self-Insure Analysis	A program which allows you to compare trying to self-insure (save on your own) the equivalent of what you have spent on LTCi premiums at an assumed interest rate as to the tax free benefit from a LTCi policy. It is a look at the sum of accumulated investments to the value of the LTCi policy pool of potential benefit dollars.
LTC Risk Analysis	This program takes a look at the three choices you have with LTC planning; ignore the risk, assume the risk, or transfer the risk. Taking a look at transferring the risk today to an insurance policy verses assuming the risk (what we would need to put away today lump sum at an assumed interest to pay claims at an assumed age in the future for claim), or ignoring the risk. (The potential cost to the estate in the future of a claim lasting several years (based on benefit period chosen) with an assumed 5% annual growth in care costs starting today). This analysis provides to you a "Present Value" lump sum estimate of what your costs are paying premiums each year into the future until an assumed claim.
Value to the Estate	This program is especially for those who are thinking they will be able to assume the cost of care out of accumulated assets. It compares the total value of a LTCi policy at an assumed age of claim and the tax free payout over a set number of years up to the benefit period verses paying those same claim costs out of assets with the correlating costs of lost opportunity (growth) on those assets and possible tax exposure. It illustrates a truer potential cost to the estate if a claim occurs.

Disclaimer: This site is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security which may be referenced herein. These are the views of Associates of Clifton Parks, Long-Term Care specialists, and not necessarily those of the named representative, Broker-Dealer or Investment Advisor, and should not be construed as investment advice.

Insurance products are offered through insurance companies with whom KRS associates have sales arrangements. Not all products/features may be available in your state. Check with your Accountant or Tax professional on the tax issues associated with Long-Term Care insurance.

Securities and advisory services are offered through Level Four Financial, LLC, Member FINRA/SIPC. Keiber Retirement Solutions, Inc. is not owned or operated by Level Four Financial, LLC. Nor is Associates of Clifton Parks affiliated with Level Four Financial, LLC.

Level Four Financial, LLC advisors may only conduct business with residents of states and/or jurisdictions for which they are properly registered. Therefore, a response to a request for information may be delayed. Please note that not all of the investments and services mentioned are available in every state.