Observing National Long-Term Care Awareness Month occurs every November. This month-long campaign was designed to highlight the importance of preparing for the unexpected as one reaches the age of 65.

In the event of a chronic medical condition, disability, disorder, long-term care services can help meet both the medical and non-medical needs of people who cannot care for themselves for long periods. This care can be provided at home, in the community, in assisted living or in nursing homes.

No one knows what the future has in store for them. However, everyone can prepare for potential care needs by investing in long-term care insurance.


Long-term care is provided by different caregivers based on the needs of the individual, but regularly include personal help, transportation services, and therapy. 

Personal care services focus on everyday activities, including bathing, dressing, grooming, eating, and using the restroom. This can also include supervision to ensure the individual remains safe throughout the day and takes all their necessary medications. 

When recovering from surgery, an accident, or illness, many individuals will need transportation services. This includes to and from medical appointments, grocery stores, shopping centers, or other places in the community.

The overarching goal of long-term care is to help individuals maintain their independence and lifestyle as they age. This is why therapy is a major benefit of this type of services. Individuals suffering the effects of chronic illness, disability, or general aging can receive occupational, speech, physical, or rehabilitation therapy if needed.

Apart from these three categories of care, individuals in need of long-term care may also require numerous other one-off services. This includes household chores, meal preparation, companion services, emergency medical alert systems, and more. 


For some individuals, the need for long-term care arises suddenly, such as after a heart attack, stroke, or fall. For others, the need develops gradually as an illness or disability gets worse. 

No matter the situation, the team at Montgomery Financial Partners wants you to be prepared. To do so, we recommend long-term care insurance.

Long-term care insurance can help cover the expensive costs of these services in the event of a medical emergency. Rather than dipping into your retirement savings, your policy will provide coverage for the long-term you need. Not only will this potentially save your retirement fund, it will also prevent your loved ones from paying upfront.  

Planning for long-term care needs not only helps with the financial aspect, but it also allows you to think about your potential needs and make choices that best serve yourself and your loved ones. This can include researching assisted living facilities in the area or scouting reputable care companies.

If you are interested in learning more about long-term care, reach out to Montgomery Financial Partners today at [email protected] or 301.990.9170.

Securities offered through Registered Representatives of Cambridge Investment Research, Inc., a broker-dealer, member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc. a Registered Investment Advisor. Cambridge and Montgomery Financial Partners are not affiliated.

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