Many Americans are making urgent decisions regarding Social Security elections, investment management, and retirement income without a clear long-term care roadmap.
The prospect of exhausting their resources for care is causing emotional turmoil. But what is the solution to avoid going broke to pay for long-term care? Your Longevity Crisis provides clear and compassionate advice for those who are at this moment challenged by the high cost of care or who want to plan ahead.
Practical advice includes:
- Putting sound financial planning practices in place
- Understanding the shocking costs of various types of care-today and in the future
- Assessing what government programs do or do not offer
- Evaluating financial tools and the best LTC insurance options
- Protecting family wealth through strategic asset repositioning
- Applying the recent Pension Protection Act to garner tax-free care benefits
- Working with professionals to develop a long-term care plan
Whether you're nearing retirement, caring for an aging parent, or helping a spouse manage health challenges, this book equips you with the clarity and confidence to make good financial decisions.