Retirement Lifestyles with Patrick McNally
Business:Investing
What's the number one threat to your retirement account..? It's probably not what you think.
Is it the stock market? Hackers? Identity thieves? The President...?!!
Nope...
It's the cost of long term care.
In this episode I break down the costs of needing long term care, and some of the most expensive cities in the Unites States to receive that care. I'll also discusses your chances of needing that type of care and the average length of stay as cited by the US Department of Human and Health Services.
Then, I give you the three main ways to pay for long term care and the risks of doing nothing at all. I want to mention that I devote a whole chapter to long term care in my new book "Retirement Planning 101". Get your FREE copy today at www.Retirement101Book.com (you just pay the shipping).
cited websites:
https://www.genworth.com/aging-and-you/finances/cost-of-care.html
https://longtermcare.acl.gov/costs-how-to-pay/costs-of-care.html
To discuss your long term options feel free to reach out to me anytime...
To schedule a FREE strategy call with me visit www.TalkToPatrick.com
To claim a FREE copy of my book "Retirement Planning 101" visit www.Retirement101Book.com
You can also connect with me online through all of the social media links below:
Facebook: www.facebook.com/RetirementLifestylesAdvisors/
Instagram: www.instagram.com/retirement_lifestyles_advisors/
Twitter: www.twitter.com/thepmcnally
You can also find lots of resources including videos, worksheets, reports and online courses at www.RetirementLifestylesAdvisors.com
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