Long Term Care Planning More Important Than Wealth Creation
Last updated: March 10, 2017 at 15:30 pm
Long Term Care Insurance Planning
According to a recent study investors are more concerned about long term care planning than accumulation of assets. Wealth advisers have traditionally focused on building wealth for their clients, however the study indicates perhaps more attention needs to be given to their clients concerns about long term care planning.
The study shows that when it comes to retirement planning, investors under 50 are even more concerned about long term care planning than the 60 year old’s polled. Perhaps this is because the younger investors are seeing the burden long term care is placing on their parents estates.