People want financial peace of mindPosted: August 21, 2011
A recent survey by Dr. Ken Dychtwald’s Age Wave with Harris Interactive was a follow up to one conducted 10 years ago. It looked at the expectations of retirees. The new study revealed retirees now believe “achieving financial peace of mind has replaced wealth accumulation as today’s primary financial goal.”
One very effective step to gaining this peace of mind is to invest in Long Term Care insurance. How? Having this protection means a person won’t quickly use up their savings nest egg, become poor, and thus need to rely on family members for assistance.
An effective way to pay the premium might be to use some investment income.
A free little book on the ABC’s of Long Term Care insurance is available to Connecticut residents. It’s a great way to better understand the need for planning for the big risk of needing on going assistance! Send a note.