Did you know that Medicare does not cover long-term care? That’s because it’s treated as a lifestyle expense as opposed to a medical expense. At the same time, 70% of retirees will need long-term care to some extent. Long-term care is also incredibly expensive, potentially increasing your chances of outliving your money in retirement. Modern options have given us the chance to help clients cover long-term care, giving them the ability to pay for it if they need it while still helping their beneficiaries if they don’t.