53 Million Baby Boomers May Soon Need Long-Term Care

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53 Million Baby Boomers May Soon Need Long-Term Care

March 21, 2018  in Avoid losing your Retirement Money from a Nursing Home and Medicaid Spend Down / Education of Long Term Care Insurance  tagged “but we’re here to help.” Baby Boomers are those born in the United States from 1946 to 1964. They’re now between 54 and 72 years old. “That’s the stage when senior disabilities start to kick in / “most Americans are ill-prepared to pay for long-term care / ” Robinson continues / ” Robinson continues. “Think of it / ” Robinson says. “Find out if Uncle Sam might / ” Robinson says. “Millions are entering this danger zone / • Annuities with tax-advantaged LTC features / • Critical illness insurance / • Life insurance policies with LTC riders / 53 Million Baby Boomers May Soon Need Long-Term Care / 53 million who will soon need help with tasks of daily living such as eating / 76 million strong / according to the U.S. Department of Health and Human Services. “Most aren’t ready for this / America’s Baby Boomers / and about 70% of them will require long-term care / and moving around. They need help planning for it.” Robinson company offers easy access to a wide variety of financial planning help: • Long-term care insurance policies from multiple carriers / are now entering their retirement years / every year.”What if you’re just thinking about getting a policy? “Take the tax angle into account / in effect / pick up part of the tab.” “The problem is / Says Les Robinson of LESLTC / toileting / unprotected / which is generally not covered by regular health insurance or Medicare.” “We’re facing a senior health tsunami by Les Robinson

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