The Benefits of Lifecare
What’s the deal with Lifecare?
Thinking about contracts, any contracts, can be headache inducing. But the sole purpose of the Lifecare senior living contract is to protect you from the uncertainty of the future. Healthcare costs are only going to continue to rise. That’s a fact. And, if you’re like most of us, your retirement income won’t be able to keep up. That’s why it’s so important to do your research and choose a senior living community that offers Lifecare to protect your future finances.
So what is a Lifecare senior living contract? It’s a financial arrangement that provides you with access to lifelong care, no matter what level of care you should need. That means you can move to an independent living community and transition to skilled nursing, memory care, etc., at a predictable rate that’s similar to what you paid for your initial independent living residence.
In short, Lifecare provides:
- Financial security
- Asset protection
- Significant tax advantages
- Predictable monthly payments, even if you need more care