Posts Tagged ‘Long Term Care Insurance’

By the year 2030, one in five Americans will be a “senior citizen” – over the age of 65.

If you are a Baby Boomer, born between the years 1946 and 1964, this includes you.

Odds are 70% you’ll need long term care

Studies predict that an individual today has a 70% chance of needing long term care (LTC) in their lifetime.

Currently,  the annual cost to a person needing LTC is near $75,000.  In 2030, that figure will skyrocket to $300,000 annually per person for the 23+ million Americans needing LTC.  Will you have that kind of money to spare?

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