My Comments: As a financial planner with thinning grey hair, my clients tend to be already retired or soon to be retired. A major worry we all face is the chance that we will slow down to the point where we need help to get from one day to the next. Sure, family members will …
Category: Long-term Care
The Conversation I Don’t Want to Have
My Comments: There are probably other conversations I don’t want to have but this is the one on todays agenda. It involves the problems all of us face as we grow older. The alternative to growing older is you have already died, which in itself is not a happy thought. A colleague in California penned …
Buy Term and Invest the Difference?
Comments from me, Tony Kendzior: For many years, my primary income resulted from my license to sell life insurance, health insurance and annuities in the State of Florida. But like so much over these many years, the markets changed, the rules changed, the perception of need by consumers changed. And then came the internet. One …
Thought For The Week – March 5, 2014
My Comments: From time to time I’ve posted a article from an associate of mine in Southern California whose life for the past 40 years has involved life and health insurance, not unlike mine. He sends me his weekly newsletter from which this comes. By Gene Pasutla, Westland Financial Services, Inc. For the past week …
THOUGHT FOR THE WEEK – February 21, 2014
My Comments: This comes to me from a trusted source in California, a man who for many years has run an insurance agency with a focus on providing clients with good and effective Long Term Care insurance. As my clients age, and those who seek me out tend to be older, questions about long term …
5 Predictions for the Long Term Care Insurance Industry in 2014
My Comments: This is again one of the most difficult topics facing any of us who hold ourselves out as financial professional. But with the baby boomers aging, and medical science keeping us alive longer and longer, it’s a topic that will not go away. There is a statistical reality that is impossible to ignore. …
Continue reading 5 Predictions for the Long Term Care Insurance Industry in 2014
3 Approaches to Long-Term Care
My Comments: Yestersday my post declared that the cost of what we call Long Term Care will go up for women in 2014. This is because there are more and more people reaching the age where bad things start to happen. The law of supply and demand says that when the demand increases, more people …
Long Term Care Insurance Rates for Women Will Go up in 2014
My Comments: This has always proved to be a difficult conversation with clients. When they are relatively young, the topic is far away unless they have a parent with issues. And then the money has to be reserved for their care. And when you reach my age, there is still a strong denial that you …
Continue reading Long Term Care Insurance Rates for Women Will Go up in 2014
Long Term Care Thought for the Week
My Thoughts: Last evening, I attended a meeting where the presenter talked about Long Term Care and how it, or the lack of it, will have critical implications for families going forward. Fifty years ago, the issue was resolved by the elderly when they simply assumed their children would take care of them. Today, with …
The Real Cost of (NOT Having) LTCI
My Comments: Whether you are already a “senior”citizen, getting close, or have a parent you are concerned about, having Long Term Care Insurance can transform a depressing situation into one that is manageable or better than OK. But it’s a subject few of us want to deal with. I recently took a survey that resulted …
Helping Define Your Financial Future 