I was watching the Oprah Winfrey show the other day and the topic of long term care insurance was being discussed along with several other baby-boomer financial planning topics. The article focused on aging America and how the kids of these aging parents are being pushed into helping Mom and Dad plan for their future financial needs such as income needs as well as long term care insurance.
“According to the AARP, about 12 million elderly people will need long-term care by 2020, but only about 30 percent of people over 45 have long-term care insurance.”
Oprah Winfrey has been helping average Americans make sound common sense decisions across a whole array of topics. I’ve noticed her family oriented topics have had the most impact on spreading the word on how financial decision can impact a family’s future in a positive way if one plans. Long Term Care Insurance is no different and the fact that people are living longer opens the risk for baby-boomers and their parents needing long term care in the future. Opera’s website has a bit of information on long term care insurance and if you would like to learn more about long term care insurance and how it may be a smart financial planning tool take a second below to simply fill in this form and we will mail you info and quotes from the top carriers.
