The good news is that most of us live longer and healthier lives. People retiring at the normal age of 65 can look forward to an additional life expectancy of another 23 years. The bad news is that many will need assistance.

Few of us give a great deal of thought to the expenses associated with long term care unless we' re facing retirement or have older family members who are unable to care for themselves. Long Term Care Insurance has evolved to a point where it offers care options for people who wish to remain in their homes and for those in assisted living centers or nursing homes. Optimum timing for the purchase of Long Term Care Insurance is well before retirement, when premiums can soar.

Employer sponsored Long Term Care insurance plans are increasingly in demand by employees as another benefit option.