....GENNARO’S....

Long Term Care: Why Women? Why Now?

Why Women? Why Now?

There’s just no stopping American women, especially those who are part of that dynamic force of 39 million born between 1946 and 1964 whose influence is evident in every thread of the nation’s tapestry.

You’re independent vocal women who expect to have it all and often find yourself challenged to do it all—at home, in the workplace, and in the community.

Add to that the demands of caring for aging parents, and it’s no wonder that you have little time to slow down to take care of yourself, including developing personal and financial plans for your long-term care.

What is Long-term Care?

It’s a common name that many are hard-pressed to define, but think of long-term care as the support you may need down the road simply to go about daily life. This kind of care can include changes to make your home more accessible, safe, and comfortable; technology that prolongs independence; or services that offer help with meals, transportation, and personal care.

Why Women?

Research shows that you’re more likely to have a need for long-term care than men.

Here’s why some experts consider this challenge a major issue for women of the boomer generation.

• Women live longer.

• Women have fewer resources.

• Women are more likely to need long-term care.

• Many women aren’t planning for the future.

• Long-term care is expensive.

• You’ll likely pay out-of-pocket.

• You may never need long-term care, but your loved one might.

• Caregiving affects your wallet and your job.

Why Now?

You’re part of a generation uniquely poised to redefine retirement, using your current earning power to save and invest wisely for the future. You still have time to build and expand support networks—on the job and through family, friends, community, and faith-based institutions—that can help you and those around you.

Planning ahead increases your options and keeps you in charge of decisions that affect your life. It’s important for you to know the costs of long-term care options and how they might cover your choices through savings, investments, insurance, or other resources.

The more your generation of women plans today, the more retirement, lifestyle, and financial choices you’ll have later.

READ the rest of this article by AARP Education & Outreach, January 2010

80% of women will at some stage need some form of long term care. Men are not far behind at 60%.

Come and enjoy a light lunch and learn about long term care and what you should do to be prepared.

WHEN: Friday, March 26 at 12:30pm

WHERE: Doss Weeks, PA, 2338 South 8th St.

Speaker: Tom Collica, CLTC, LTCP of LTCI Brokers, Inc

RSVP: Nicola Nichol, CFA

Financial Strategies of Amelia

(904) 305-2608