Puts you ahead of the curve.
"Every financial advisor that works with senior citizens MUST read, re-read and utilize this book! I use the concepts daily to better serve my clients LTC needs!"
Million Dollar Advisor Member
The numbers don't lie.
The 2016 national average daily rate for a private room in a nursing home is $259, while a semi-private room is $225 per day.*
Privately paying for long-term care means that seniors would have to find an additional $82,120 - $94,535 per year in their budget for just one person to receive care. Most of us, seniors or not, could not afford to privately pay for long-term care year after year.
Eldercare will replace childcare.
One out of every four families in the United States today are caring for an aging adult in some way. For some families, that means 24-hour live-in care. For other families that means mom needs a ride to the doctor or to the grocery store.
In the next 10 to 20 years, it is projected that elder care will replace childcare as the number one issue for working adult employers will likewise be affected.
The #1 reason people outlive their money...
The one thing most of us would rather avoid than discuss is the topic of long-term care.
The need for long-term care can cause tremendous devastation to individuals and families and is the number one reason why people outlive their money.