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The Phoenix Companies of Hartford Conn. have just published the results of a study on the financial concerns among almost 2,000 high net worth individuals. Over half describe serious concerns about the high costs of post retirement health care costs. What does that mean to the readers of this blog. I think it tells me that you share that very real concern at the same level or at a higher level than the survey population. If I am right you need to find a solution to that problem.
17 percent identified the cost of Long Term care as their largest concern. Almost 45 percent are afraid that Long Term Care (LTC) costs could wipe out their lifetime earning. 4 percent say that LTC costs are their greastest concern and well over 80 percent said that planning for LTC is one of their greatest concernsRemember theses are not middle class we are talking about that are this scared about the costs of LTC this is the Upper middle and the upper class. If they are this concerned how concerned should you be? What have you done about it?
The Phoenix Companies of Hartford Conn. have just published the results of a study on the financial concerns among almost 2,000 high net worth individuals. Over half describe serious concerns about the high costs of post retirement health care costs. What does that mean to the readers of this blog. I think it tells me that you share that very real concern at the same level or at a higher level than the survey population. If I am right you need to find a solution to that problem.
17 percent identified the cost of Long Term care as their largest concern. Almost 45 percent are afraid that Long Term Care (LTC) costs could wipe out their lifetime earning. 4 percent say that LTC costs are their greastest concern and well over 80 percent said that planning for LTC is one of their greatest concernsRemember theses are not middle class we are talking about that are this scared about the costs of LTC this is the Upper middle and the upper class. If they are this concerned how concerned should you be? What have you done about it?
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