Orlando Adults and Long Term Care Insurance Information

by Michele Moon

Central Florida baby boomers – those between the ages of 49 and 67 – and even older, senior adults, face the question of whether or not to purchase a long term care insurance policy.

Less than 20% of older adults have such a policy, a number that means many older people in Florida could spend long years living in less-than-ideal situations.

We Specialize in Home Sales and Services for Orlando Adults 55+

A very real possibility is that those without long term care insurance could be forced to spend down all of their assets before qualifying for Medicare. According to the National Clearinghouse for Long-Term Care Information, about 70% of people over age 65 require some type of long-term care in their lifetime.

That means your house, savings, and all assets liquidated in order to pay for any assisted housing needs that may arise.

Here are some basic facts that explain long term care insurance. I thought the infographics do a fine job of explaining more numbers:

And here's another

If you're an Orlando-area adult 55+ or the family caregiver of an older senior adult, Lisa and I - The Estate Conversions Team - are specifically trained as Certified Senior Housing Professionals. That means we do far more than simply help people buy or sell a house in Orlando. Feel free to contact us anytime for information and advice on preparing for your future as it pertains to real estate, senior housing, and any other issues that involve a late-in-life move for those 55+. 

If we don't know the answer or can't help specifically, we'll refer you to other resources, organizations, or professionals who can be of service. Find us here or fill out the form to the right of this page.

Our Featured Orlando Condo for Sale

Oviedo, Florida Condo for Sale

How Much Does a Nursing Home Cost in Orlando?

by Michele Moon

As Certified Senior Housing Professionals (real estate agents who specialize in real estate transactions for boomers, seniors, and their caregiver families in Orlando) one of the most important things that my partner Lisa D'Aloise and I can do is provide information to people on all of the various issues involved in a late-in-life transition.

We Help Central Florida Seniors Who Are On the Move

Moving into a senior retirement community or - if health concerns demand it - an assisted living facility or nursing home is a big choice, and we want to make sure that you are well aware of all the issues, both financial and otherwise.

I recently came across an infographic that provides an overview of the costs involved when a move to a nursing home or assisted living community in Orlando is necessary.

Of course, these numbers can and will vary drastically, but they provide an educational starting point.

While a significant part of our job at the Estate Conversions Team is centered on helping older adults 50+ sell their houses and prepare for the future, we also wish to educate and inform you on options aside from the sale of a Central Florida home.

Here's How We Help Orlando Adults 50+ Sell a House

Those options can include age-in-place possibilities designed to help a senior remain in their home for as long as possible. If a move elsewhere is indeed necessary, part of our senior real estate services include putting you in touch with other senior-focused professionals who can help you through the process, including elder law attorneys, financial planners, tax specialists, professional organizers, and a variety of other service providers.

To make the entire process easier for you and your family, we serve as the hub for all of these professionals, ensuring that they are all coordinating their efforts properly for you and your late-in-life move.

We'll be happy to answer any questions or offer advice. Please feel free to contact us anytime right here. 

Our Featured Orlando House for Sale

Hurry in to see this nice home in the Conway area. The floor plan features a split bedroom plan, separate living room, dining room, and family room. The family room features a wood burning fireplace and sliding glass doors to the screened porch. The large backyard is fully fenced. The home also has hurricane shutters. It is conveniently located close to the Conway recreation park, Barber Park is across the street and the schools are all top rated. Just needs a little TLC to make it yours.