February 5, 2018
Long-term care insurance provides care for those who need long-term assistance in a nursing home, care at home or adult daycare. What it also provides, though, is peace of mind that yourself or loved ones will be able to afford the help that might have been provided by family or friends in years past. Although long-term care insurance has been around since the late 1970’s, the popularity emerged during the 80’s and 90’s. With more and more Americans needing this service, it is important to be informed of your options. While Medicare covers only short stays in a nursing facility, Medicaid can fill in the gap but only after you have depleted your financial accounts. Therefore, if you envision an assisted living center as your future home, you will need the necessary resources to fund this option. Are you prepared?
January 24, 2018
Ron Cohen and Blair Farwell invite you to attend their Future of Long Term Care Insurance Webinar.
Topics to be Presented:
- Where has the LTC market been over the last 30 years? Where do we foresee it going in the future?
- What have the carriers learned/systemically changed in order to make a brighter future for this product?
- What’s new for brokers to sell in 2018?
- What Linked Benefit plan designs/configurations are clients buying and why?
- What are the dangers or pitfalls in some Linked Benefit programs?
- Exciting new products to be available this YEAR.
- The worksite marketplace and exciting new opportunities.
- All products discussed in the webinar are represented by carriers rated A- or better.
- If you’re a seasoned LTCi Broker or want to enter this lucrative field, you don’t want to miss this webinar!
December 21, 2017
By Dr. Sandra Timmermann Gerontologist
When we plan for retirement, many things are on our mind — replacing our income, growing our assets and setting aside money to travel and to enjoy a more flexible lifestyle. One thing that we generally don’t address in the retirement planning process, however, is the possibility that we may need long-term care someday or that we may end up being a caregiver for a spouse, parent or even a child.
Facing up to that reality can be hard, but without incorporating long-term care planning into a retirement plan, your financial future can easily be derailed. Getting a plan in place will enable you to stay in control of your life, determine where you will live and allow you to stay at home as long as possible, help to preserve your assets, and support your family and their caregiving responsibilities.
Ten suggestions for you and your family as you consider long-term care risk and where it fits into your retirement planning process.