News // Long Term Care - The Greatest Retirement Threat

Why age 50, you say? Here are some reasons the reader - you - will understand. By age 50, the mortgage is almost paid off and the children, hopefully, will have completed college. At age 50, the focus now is forward. There is a realization that you are solidly in the "middle age" category. The focus is forward towards retirement. Where will we live? Will we have to care for our parents? Will we have enough income? Do we have the appropriate insurance? And that leads us to the subject of long term care insurance. Long term care is THE greatest threat to a comfortable retirement. You can lose your home or car but, presumably, they are both insured. Consider, for the moment, the effect on your retirement of spending $8000 monthly on institutional care. Even more importantly, what would be the effect on your family caregivers if you have no long term care insurance. If you have been a 24/7 caregiver, you understand. Since 1988, we have helped individuals and couples reduce or eliminate the long term care risk, the greatest retirement threat. Just give Sara (x116) or me (x101) a call at 610-889-1640.