The Advisor's View of Long-Term Care Planning

Perception vs. Reality | Retirement Risks

Posted by LTCI Partners | Mar 26, 2014 4:07:00 PM

Health care costs are “front of mind” these days for clients planning for retirement or recently retired.  Americans are living longer and although longevity is a concern, it’s the cost of longevity that worries most clients – this should also include long-term care. 

Long-term care costs run the risk of putting a client’s retirement savings at risk unless they put a plan in place to help offset these expenses.  Starting the conversation with clients is about finding a strategy to fund and manage a long-term care event. 

 

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Source: LIMRA, "Guaranteed Uncertainty," 2011.

Topics: For financial professionals

Written by LTCI Partners

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