When we work with clients on long-term care expense planning, the initial focus is cost and coverage. It doesn’t matter if the funding option is insurance or another product. Basically, clients just want to know how much expense they can afford to transfer to an insurance company or another funding resource. As a result, meaningful
In previous blogs, we’ve written about the shortage of caregivers and the likelihood that many baby boomers are destined to be elder orphans. In his Think Big article on robo-caregiving, Joseph F. Coughlin, director of the Massachusetts Institute of Technology AgeLab, explores how our aging demographics and advances in technology are creating innovative changes in
When we consult with clients about long-term care expense planning we always ask what they want to accomplish by exploring insurance. Most of our clients have children. Not being a burden to their kids is almost always on the list of objectives that clients detail. It was one of the goals that my parents cited
