Thursday, July 23, 2015

New Website on Long Term Care Planning News and Health Issues

Great website features the latest news on health and Long Term Care Planning.
Very topical news stories to help you learn more about this issue.
 
 
 
http://longtermcareplanningnews.com/
 

Tuesday, July 21, 2015

Divorce and Long Term Care Insurance

You’re divorced, now what? While Long Term Health Care Planning is always a key part of retirement planning it becomes even more important if you are divorced. Affordable LTC insurance needs to be part of the plan.

The paperwork is filed. You’re divorced. Now starts the process of changing your life, which begins with ending the details that once defined your marriage. The usual suspects are tackled first — changing bank accounts, getting new credit cards and updating insurance documents.

However, one detail remains completely untouched, not thought of — maybe on purpose or simply overlooked. What happens if you need care while recovering from an accident or an illness?

This is where affordable Long Term Care Insurance come in. Read the full article here and learn more: Divorce and Long Term Care Insurance

Then learn more about affordable Long Term Care Insurance by visiting my website: Long Term Care Insurance Agent.

Be sure to follow me on Twitter: @mccannltc - https://twitter.com/mccannltc

 
http://quoteonltc.com/

 

Wednesday, July 15, 2015

Former President George HW Bush, 91, Falls, Breaks Bone in Neck

George HW Bush has fall in his home in Maine. The former President is suffering from Parkinsonism and his condition is stable.

Bush, the oldest living former U.S. president, fell at his summer home on Wednesday and broke a bone in his neck but was doing OK, according to a spokesman.

Bush, 91, was in stable condition and was doing "fine" after Wednesday's fall, spokesman Jim McGrath said. McGrath tweeted that the 41st president would be in a neck brace.

Bush, who has a form of Parkinson's disease that has forced him to use a motorized scooter or wheelchair for mobility, has suffered a few other recent health setbacks. He was hospitalized in Houston in December for about a week for treatment of shortness of breath. He said he was grateful to the doctors and nurses for their care there.

Former president George H.W. Bush talked about the medical condition that has restricted his ability to walk.

"They call it vascular Parkinsonism," Bush told Parade magazine in an interview in 2012. "It just affects the legs. It's not painful. You tell your legs to move, and they don't move. It's strange, but if you have to have some bad-sounding disease, this is a good one to get."

He spent Christmas 2012 in intensive care at the same Houston hospital while being treated for a bronchitis-related cough and other issues. He was discharged in January 2013 after a nearly two-month stay.

Bush said it's been hard adjusting to his mobility issues.

"I love being active, (playing) sports, being in the game," he said. "But you just face the reality and make the best of it."

This has been impacting his ability to get around and perform some of his activities of daily living. This is why planning ahead for Long Term Health care is key to retirement planning according to many Long Term Health Care planners.

Bush, a Republican, served two terms as Ronald Reagan's vice president before being elected president in 1988. After one term, highlighted by the success of the 1991 Gulf War in Kuwait, he lost to Democrat Bill Clinton amid voters' concerns about the economy.

Bush, the father of Republican former President George W. Bush, was a naval aviator in World War II and was shot down over the Pacific. He also was a former U.S. ambassador to China and a CIA director.

He has skydived on at least three of his birthdays since leaving the White House. He celebrated his 90th birthday by making a tandem parachute jump near his summer home in Kennebunkport.


See the original article: http://longtermcareplanningnews.com/article?article=99

 
http://quoteonltc.com/
 

Monday, July 13, 2015

Matt McCann radio interview on Long Term Health Care Planning Segment 1-5

Matt McCann radio interview on Long Term Health Care Planning Segment 1-5

Surgeon General: "All of us are aging ... to be clear" Planning Becomes Key

The US Surgeon General, Vice Admiral Vivek H. Murthy, M.D, says we all are aging. Today at the White House Conference on Aging  #WHCOA  . This means planning for aging becomes key in retirement planning. Affordable  #longtermcare   #LTC   insurance should be part of your retirement plan. Discover more at:http://mccannltc.net/

Read the story: http://longtermcareplanningnews.com/article?article=97


 
http://quoteonltc.com/
 

Saturday, June 20, 2015

How Married Couples Can Pay for Long-Term-Care Insurance With HSA Funds

If you have a health savings account you can pay your Long Term Care Insurance premium with your HSA! This means you are using pre-tax dollars to pay for your plan to deal with the physical, emotional and financial burdens Long Term Health Care can have on loved ones.

This makes what is already very affordable even more affordable. Read the article from Kiplinger below:

http://www.kiplinger.com/article/insurance/T027-C001-S003-married-couples-pay-for-long-term-care-hsa-funds.html


Discover why affordable Long Term Care Insurance should be part of your retirement plan. Get details: http://mccannltc.net/

Thursday, May 7, 2015

Don’t Count on Inheritances to Save Your Retirement

If you are 40 to 70 and in good health you should consider buying affordable Long Term Care Insurance. Why? The cost of Long Term Health Care is not covered by health insurance and Medicare and it can have a huge impact on your assets. The US Department of Health and Human Services says if you reach the age of 65 you will have a 70% chance of requiring some type of Long Term Health Care service in your lifetime.

That's not all. This is a woman's issue. The Alzheimer’s Association says a 65-year-old American woman has a 1 in 6 chance of developing Alzheimer’s disease. That does NOT count other type of memory loss such as simple dementia that impacts people, nor does it count early onset Alzheimer’s which impacts younger people.

Women in their 60s are also twice as likely to develop Alzheimer’s than breast cancer, according to the report — “2014 Alzheimer’s Disease Facts and Figures” — from the Alzheimer’s Association.

Men generally need care first and without help this is placed on the woman’s lap (wife, daughter, daughter-in-law). The reasons why you apply for the coverage in the first place is so you will not burden your family and protect each other … your assets and your lifestyle from the most likely thing to happen to us in our lifetime.
 
Long Term Care Insurance is a very affordable way to address this risk and can provide you with tax free benefits and services, including the dollar-for-dollar asset protection that is offered by most states by their partnership programs.

The linked article talks about how you can’t depend on inheritances to save your retirement. While it might be too late for your parent’s to plan (premiums are based on AGE and HEALTH), it is not too late if you are in the planning age for your future retirement. Generally, if you are 40 to 65 that is the best time to plan and the younger and more health you may be, the more affordable the premium will be.

Read the article here: http://www.marketwatch.com/story/dont-count-on-inheritances-to-save-your-retirement-2015-05-06

Learn more how you can plan for the physical, emotional and financial burdens Long Term Health Care can have on your loved ones.  Affordable Long Term Care Insurance should be an important ingredient for your retirement plan Learn more now at http://mccannltc.net/

You can follow Matt McCann on Twitter: @mccannltc https://twitter.com/mccannltc