<div id="Content_container"><!--CSS--><p><img alt="" src="//www.emeraldhost.net/files/newsletters/Long_term_care.jpg" style="width:100%" /></p> <h1>How Likely Am I to Need Long-Term Care?</h1> <p class="opening">If you were to suffer an illness or disability that required long-term nursing care, would you be covered?</p> <p>Maybe not. The vast majority of Americans go through their lives reassuring themselves that it will never happen to them. However, if past trends continue, the estimated risk of a 65-year-old person needing some form of long-term care during their life is 70 percent.¹</p> <p>That means it could very well happen to you. And while nursing home costs vary from area to area, the median cost of a one-year stay in a private room in a nursing home in 2024 is $127,750.²</p> <p>Medicaid, the joint federal and state program that covers medical bills for the needy, pays a substantial portion of long-term-care costs but usually only for those who are impoverished.</p> <p>And Medicare is not paying much of the cost of long-term care. That&rsquo;s why the elderly should not rely on Medicare for their long-term-care needs.</p> <p>Clearly, long-term-care costs pose a real problem for the elderly and their families. Long-term-care insurance can help preserve your accumulated wealth and provide coverage in the event you need long-term care. This can go far in helping to address financial need during retirement.</p> <p><span style="font-size:11px">Sources: 1) Administration for Community Living, 2025;<em>&nbsp;</em>2) Cost of Care Survey 2024, Genworth Financial, Inc., 2025</span></p> <p style="text-align:justify"><span style="font-size:12px">The information in this newsletter is not intended as tax, legal, investment, or retirement advice or recommendations, and it may not be relied on for the &shy;purpose of &shy;avoiding any &shy;federal tax penalties. </span><span data-darkreader-inline-bgcolor="" data-darkreader-inline-color="" style="--darkreader-inline-bgcolor:var(--darkreader-background-ffffff, #000000); --darkreader-inline-color:var(--darkreader-text-222222, #fdf7ee); background-color:#ffffff; color:#222222; font-family:Arial,Verdana,sans-serif; font-size:12px; text-align:justify">You are encouraged to seek guidance from an independent tax or legal professional.&nbsp;</span><span style="font-size:12px">The content is derived from sources believed to be accurate. Neither the information presented nor any opinion expressed constitutes a solicitation for the &shy;purchase or sale of any security. This material was written and prepared by Broadridge Advisor Solutions. &copy; 2026 Broadridge Financial Solutions, Inc.</span></p></div>