This blog post is rated NC17. Before reading, know that it contains language that could be considered inappropriate and offensive. While we say this with good humor, the reality is people are living longer and longer. And for some, the golden years are not so shiny. Our message to all our clients is to seek
The world of long-term health care continues to rapidly evolve as people are living longer and longer, and retirees face challenges regarding how best to protect their wealth from the cost of long-term care. Many insurance companies are leaving the long-term care business, where traditional products are risky for their capital. Less and less of
Bathtub Test During a visit to my doctor, I asked him, “How do you determine whether or not an older person should be put in a nursing Home?” “Well,” he said, “we fill up a bathtub, then we offer a teaspoon, a teacup and a bucket to the person ~ to empty the bathtub.” “Oh,
In a follow-up to The Efficiency of Money blog that we published a few weeks ago, I wanted to respond to some people who requested examples and actual case studies or illustrations of how life insurance can create an efficient place to put money. The first request was regarding how a parent or grandparent can
Today I want to introduce to you an insurance product that opens up a world of opportunity for people to protect their wealth against the cost of long term care. The entire long term care industry has gone through a rapid and dramatic change over the last 2-3 years. Less and less carriers are selling
Life Insurance is one of the key pieces of a successful financial plan, but have you thought about how it can be used to pay for your clients Long Term Care? The Long Term Care market has been experiencing numerous changes. Currently, only a handful of companies are selling regular long-term care insurance. Those still
Americans are trying to save money for retirement. People are trying to find the best way to do that but many are confused as to where their money should go. People are concerned about: Risk Inflation Low interest rates, or deflation Rising taxes Market volatility And people are concerned about the effect that all of
