A major risk to all financial plans is a long-term care health event. The astronomical costs of nursing home, assisted living, and in-home care can very quickly eat into retirement savings. That’s why we review the risks of long-term care and mitigation options with clients. PFA invited an expert, Ray Veroneau, Jr., CLTC, to a […]
“Fun is like life insurance: The older you get, the more it costs”. Life insurance is contrastingly both easily understood and the object of much misunderstanding. The basic premise is simple: If you die and have a life insurance policy, the insurance company will give money to your survivors. Used properly, life insurance is a […]
By Kerry Peabody, CLU, CLTC, Long Term Care Insurance Specialist Say “long term care” and everyone immediately pictures a 94-year-old woman tucked away in a nursing home. It’s that perception that prevents many people from planning for long term care. Nobody wants to envision themselves in a nursing home, so they simply refuse to think […]
