New Event Announcement: Long-Term Care PlanningSubmitted by Reby Advisors | Certified Financial Planners | Danbury, CT on February 15th, 2019
Devone McLeod, CFP®, and Patrick Doherty, CFP®, February 15, 2019
According to the National Long-Term Care Clearing House, approximately 70% of retirement age individuals will need long-term care services at some point1 in their lives, and 20% will require extended care for five years or longer2. The typical cost of long-term care in the state of Connecticut ranges between $42,000 and $195,000 annually, depending on where you live and the level of service you require.
With these costs, it's easy to see why extended care often causes retirees to run out of money or burden their loved ones.
That is why Devone McLeod, CFP®, and Patrick Doherty, CFP®, have decided to host an educational seminar on how to plan for this significant expense: Health, Wealth and Retirement: Securing Your Retirement Lifestyle from the Skyrocketing Costs of Extended Care
At this seminar, Patrick and Devone will aim to answer your top questions about long-term care:
- Who needs long-term care and how do I know if I'm at risk?
- Can I rely on family instead paying for a nursing home or assisted living?
- Does Medicare cover some or all long-term care expenses?
- How can I avoid burdening my loved ones if I ever require extended care?
- What services will long-term care insurance pay for?
Co-presenter Patrick Doherty, CFP® holds a Certification in Long-Term Care (CLTC®), and you'll have an opportunity to get YOUR specific questions answered in the Q&A.
People interested in attending choose between two dates, a March 5th evening seminar and a March 7th Lunch and Learn. Food and drinks will be served at both sessions. The presentation is scheduled to be 45 minutes, and 15-minutes will be allotted at the end for audience questions.
Members of the Greater Danbury community are encouraged to sign up at www.RebyAdvisors.com/LTC2019 or by calling (203) 790-4949.
The event flyer is below. For a PDF that can be distributed to friends and family who may be interested in attending, Click Here.
1. “Who Needs Care?” http://longtermcare.gov/the-basics/who-needs-care/ accessed 9/15/2016
2. “How Much Care Will You Need?” http://longtermcare.gov/the-basics/how-much-care-will-you-need/ accessed 9/15/2016