We are living longer than ever before and over the next 40+ years (2018-2060), we will witness the greatest demographic change in U.S. history. According to a March 2018 report released by the U.S. Census Bureau on demographic trends, by 2060, one of every four people in America will be age 65 or better, and the number of people age 85 or better is expected to nearly triple by 2060 (from 6.4 million today to 19 million people).
So how do we plan for living a long life? It starts with having our finances in order. A big fear of many retirees is outliving their assets. A big risk to an investment portfolio is that of an extended care event to one or both retirees. And the likelihood of needing care increases with age, therefore the LTC risk to an investment portfolio becomes larger as we age.
This book reveals 14 different ways to help protect your assets, investments, and relationships from future long-term care expenses...along with the advantages, disadvantages, and things to consider for each. One chapter includes a 6-step plan to secure long-term care coverage.
Author Biography:
Jim E. Sloan, CLTC, LTCP, is a 20+ year industry veteran and a licensed long-term care insurance specialist. Jim owns LTCi Solutions, LLC, specializing in long-term care planning, education and solutions for those age 50 and better. His main office is located on the fourth floor of the Shea Center building, in Highlands Ranch, Colorado. In demonstrating dedication to his profession, Jim has earned two professional industry designations, Certified in Long-Term Care (CLTC) and Long-Term Care Professional (LTCP). Jim is a five-time author and has been featured in or seen on local and national media for his perspective on financial topics pertaining to baby boomers and retirees, including The Wall Street Journal, Forbes, The Denver Post, Portland Press Herald, Fox Business, MarketWatch, San Francisco Chronicle, Fox 26 Houston, Investment News, Reuters, Houston Business Journal, Woman's Day and others. Jim and his wife Lorri, transplanted from Houston, Texas in February 2017 and reside in Highlands Ranch, Colorado. They believe in the name of Jesus Christ, travel often and play golf, hike and e-bike together. They also help support charitable organizations and the underprivileged in the community.
