Women will use long term care for 4 years vs 3 years with men


Women account for two thirds of all long term care insurance claims paid in 2018. AALTCI

Text Connie Dello Buono, 0G60621 for long term care insurance with life insurance added policy to be customized based on your needs, with medical or non medical tests needed. 4088541883 connie@connielifeins.com

Example: 67 yr old male, $140 per month premium for long term care plus life insurance policy to get $3000 monthly benefit in long term care.
Personlized 24 7 care at home with caregivers ranges from $350 per day and up in the bay area. $25 per hour. Text 408-854-1883 for bay area caregivers for live in home care in your house.

Reported in LTCi Sales Strategies magazine (Volume 7, Number 3, December 2005). May be used with credit to LTCi Sales Strategies magazine and Milliman USA.

What’s the likelihood of getting LTC services (based on length of stay information shared by Milliman USA, leading LTC insurance actuaries) from all ages combined?  

Out of 1,000 65-year-old policyholders
        –      449 will get LTC services
        –      106 will get LTC for > 2 years   
        –      59 will get LTC for > 3 years
        –      34 will get LTC for > 4 years
        –      20 will get LTC for > 5 years

The length of stay also varies significantly by whether the policyholder is married or single, or male or female. The two “extremes” for a 65-year old are shown: that for a married male (lowest) and a single female (highest).

Out of 1,000 65-year-old males, who are married              

        –      302 will get LTC services
        –      20 will get LTC for > 2 years   
        –      12 will get LTC for > 3 years
        –      7 will get LTC for > 4 years
        –      4 will get LTC for > 5 years

Out of 1,000 65-year-old females, who are single

        –      555 will get LTC services
        –      70 will get LTC for > 2 years   
        –      51 will get LTC for > 3 years
        –      35 will get LTC for > 4 years
        –      23 will get LTC for > 5 years

Source:  Data compiled by Milliman USA, published in LTCi Sales Strategies magazine, December 2005.

Why Athene Fixed Index Annuity for lifetime pension

If you wish to allocate a portion of your savings or retirement/pension in a safe Fixed Index Annuity with no negative market participation, text Connie Dello Buono, 0G60621, at 408-8541883 to show you Athene’s annuity products that suits your retirement savings goal of tax less, fees less, avoid probate, safe with no participation in market downturns and more benefits as shown below.


About Connie Dello Buono, Financial Consultant 4088541883 connie@connielifeins.com

Insurance Broker protecting families, seniors and business owners (insurance for life, income, health, retirement, estate and mortgage equity).

Connie Dello Buono is a California Licensed Life and Health Insurance Agent, 0G60621. Serving clients in the bay area, Santa Clara county and the greater bay area communities. Connie started helping seniors with caregivers and with life insurance products that can be used even with health issues.

Life Insurance as asset, life, and retirement income protection

We are focused on helping our clients achieve a secure retirement using fixed annuities and index universal life insurance, a final expense plan using single issue whole life insurance with no medical tests, mortgage protection insurance plans from Americo, AIG, Mutual of Omaha, Transamerica, AIG, John Hancock, American Amicable and 10 more insurance carriers, mostly A rated.

The many riders are important to protect the client during accidental death (doubles the death benefit amount), disability, loss of income/job, terminal/chronic/critical illness or living benefits riders, Return of Premium or cash back, paid up addition and getting back all premiums paid at 100 yrs of age.

Health Care strategist and founder of Motherhealth bay area caregivers

Health Author , Curated Health at Balboa Press

Asset protection from MediCal recovery

Long term care is costly. Be proactive, include a life insurance agent and estate planner/lawyer in your retirement planning.

Text 408-854-1883 for tax free, avoid probates Index Universal Life Insurance, to grow your savings for lifetime retirement savings and for lifetime retirement income, with no negative returns like 401k, Athene Fixed Index Annuity can avoid probate, safe and have guarantees for your lifetime retirement income with no market downturn.

Ruth and John, a married couple, spent their lives, their working lives, building up their nest egg for retirement. They enjoyed the fruits of their labor and they both retired for about 10 years. Then John was diagnosed with Dementia. Ruth cared for him for as long as she possibly could, about seven years, but eventually, John needed to be placed in a care home because she could no longer care for him. She found a skilled nursing facility that cared for late-stage Dementia patients, and they charged a whopping $12,000 a month. Within two years, their savings was wiped out, and Ruth applied for long-term care benefits through Medi-Cal. She was able to keep their house, as it is exempt from calculations and qualifying for Medi-Cal. And because she had spent all the savings paying for his care prior, they met all the requirements to qualify for Medi-Cal, and John’s health care or skilled nursing facility costs were paid for by Medi-Cal for another 18 months until he passed away.

After John’s death, Ruth lived another five years, and at her death, all their assets were to go to their two children. However, the only asset left in their estate was their house, ’cause it was exempt at the time John applied for Medi-Cal. Well, after Ruth died, the children received a notice from Medi-Cal demanding to recover the $216,000 they had spent on his care during those 18 months.

You’re thinking to yourself, “Can they do that?” Yes, they can. It’s called Medi-Cal Recovery. And as a result, the children received pretty much nothing, because Medi-Cal places a lien on the house, the house is sold, and their recovery debts are paid through that money. And it’s only after those debts are paid do the children inherit.

Could Ruth and John have prevented this? Yes. They could’ve prevented the depletion of their savings for his care initially, and they could have protected their home from any recovery that Medi-Cal would seek after they both passed away. But she didn’t seek out that advice or that help, and often people don’t know that it’s out there. If she had contacted a qualified attorney who handles Medi-Cal benefit planning, she could have at least saved the home from recovery.

What is your plan if you needed caregivers?

Do you want the choice of where and how you will have care services or

Do you want to depend on care services by Medicare or social servcices?

We have a team of Long Term care agents who can help submit your application for Long Term Care insurance should you answer the first question with a private caregivers paid for by Long Term Care insurance.

Connie Dello Buono 408-854-1883

1035 Exchange for CPA, Estate Planning for Business Owners and Living Benefits for all

Save, invest and then spend with collaboration from your CPA, tax preparer, estate planner, life insurance agents, financial planners and other professionals. Learn from them and then start an electronic fund transfer each month so that you have paid yourself first before you spend.  Call Connie before the end of the year to properly allocate your assets and before you incur tax penalties. An overall financial picture strategically planned will protect your future wealth accumulation with tax advantage.

1035_CPA_Seminar on 1035 Exchange 


  • 1035 Exchange for CPA (annuities, life insurance)
  • Estate Planning for Business Owners (Living Trusts, Nevada LLC, more)
  • Financial Planning for lifetime tax free retirement income
  • Living Benefits during terminal and critical illness plus long term care

Estate plan for business owners

estate_plan_ for business owners


Contact Connie Dello Buono 408-854-1883 motherhealth@gmail.com for seminar series for your employees or business. CA Life and Health Lic 0G60621, Life Insurance and Annuities Broker, Financial Planner and Financial Life Coach

Every Tuesdays Free Seminar at Umpqua Bank in Downtown San Jose, 10-11 and 11-12noon

225 W Santa Clara St #150, San Jose, CA 95113   Parking will be validated by the bank. Lots of parking space in the building on the side entrance.
I love the hospitality of the bank, very friendly and cooperative to small business owners.

1035 exchange p4