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LONG TERM CARE

A LONG TERM CARE EVENT

A Long Term Care Event is the biggest risk. When either spouse (or both spouses) need physical help as a result of simply aging, for any extended time, this can be a serious threat to most portfolios. Consider the following facts:

•70% of all Americans over 65 will need some form of long term care in their lives. The combined risk of either spouse needing care is close to •100%, a virtual certainty. U.S. Medicaid Office
•The average stay in a nursing home is about 2.5 years. American Association for Long Term Care Insurance
• The projected cost of an AVERAGE nursing home bed 20 years out–when we’ll actually need it–is $175,000.
                                                                                                                                                                  --Genworth Financial
The average cost of a long term event will be in the $400,000 ballpark, easily exceeding $500,000 for longer stays and/or nicer facilities—for one person.



RETIREMENT IS ABOUT INCOME specializes in “Asset Based” long term care insurance—use it or get it back! We will customize a plan to fit your needs, risk tolerance and budget.

Give us a call at (513) 604-6657 or Contact Us today to discuss your retirement options!
   
         
Long Term Care   Risk_Market Sequence Button   Risk_Taxes
         
 
        

    ABOUT NORM FALICK 
Norm Falick    Norm Falick has been a real estate broker and
founder of Camargo Realty, business owner and
founder of Prographics Printing, Series 7 Financial
Advisor at Merrill Lynch, and has been planning
retirements for over 20 years.


   

CONTACT INFO 
11999 Timberlake Drive
Cincinnati, OH 45249
Phone: (513) 604-6657
norm@retirementisaboutincome.com
 
 

 
 
 
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