The first step in planning for a successful retirement is to envision the life you want to live. Will you be living in the same place or moving? Do you want to travel the world? Take up a new hobby? Pursue an altruistic passion you’ve always dreamed about? Whatever it is, it all starts with the goal in mind and from there you can build upon your vision to plan on how you will fund your retirement.
One key area that many pre-retirees fail to plan for is the cost of an extended chronic illness or long term care event. Nobody wants to think of a time where they may need help performing day to day activities, but the truth is that due to longer life spans and advancements in medical technology, the need for a plan on how to pay for long term care has multiplied.
Studies show that 70% of individuals over the age of 65 will need some form of long term care in their lifetime. Having a plan to pay for these medical expenses is crucial for any retirement plan as one spouses long term care event could easily wipe out all of your retirement savings, possibly leaving the surviving spouse or other beneficiaries with no assets.
We invite you to attend our free education webinar to learn everything you need to know about planning for long term care.
The 800 Pound Retirement Gorilla: Long Term Care
Tuesday, October 20th from 11:30 AM to 12:15 pm
CLICK HERE TO REGISTER NOW
In this free webinar you will learn:
- What exactly does it mean to need long term care services?
- Where are the different types of places you can receive care?
- How much long-term care costs in a variety of settings now and in the future.
- How much Medicaid and Medicare will cover for your long-term care expenses.
- The different ways you can pay for long term care.
- Various long-term care insurance strategies that consumers are using right now to make a plan.
The time to plan for long term care is before you have finalized your retirement plan so please register for this webinar and gain answers to many of the questions you may have. Please also share this event with your parents, friends or other loved ones as everyone should have a plan to pay for long term care. This webinar will be well worth your time.
If you cannot attend, please still register and we will send out the recording after the webinar is over to everyone who could not attend.
Kelley, Glennel, Elsa and Doug
Date and Time
Tue, Oct 20, 2020
11:30a - 12:15p HST