Life Fact: A quarter of those age 65+ say that their top financial concern is paying for long-term care expenses.
KEY POINTS
- Over 50% of adults over age 50 say they would rather die than live in a nursing home, according to a recent poll from Nationwide Retirement Institute.
- Seven out of 10 say that one of their top fears in retirement is out-of-control health-care expenses.
- Nursing home care in a private room is now more than $100,000 a year, according to Genworth Financial.
Sandy Essex,
CLTC Long Term Care Planning Advisor
847.695.6690
Visit us at www.BestLtcAdvice.com
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We take care of tomorrow, so you can focus on today!
I look forward to helping you and any friends or family members that have not planned.