Planning now will go a long way toward helping you have a more peaceful and prosperous retirement. “A couple in their mid-50s purchasing new long-term care insurance coverage can expect to pay just over $3,000 for a potential combined benefit of over $770,000 in coverage should they begin needing care at age 85.”- American Association [...]
We watch TV, read the news, use social media to keep informed, but doesn’t it always seem like the terrible things are happening elsewhere? Three things happened to me recently over the Thanksgiving break, things that you should make you pay attention. Please pay attention: The most significant problem facing retirees is not the cost of [...]
Remember HAL in 2001, a Space Odyssey? It seemed at the time that space travel was something for the movies and yet, look what has happened. The future they say is now. That is going to be the truth for our industry, the annuity, life insurance and long-term care insurance industry. The future will belong [...]
Most people are just not prepared to deal with the expense and life change a LTC situation would bring. Costs can easily exceed $7,000 a month or more and frankly most people just can’t afford the expense.