“12 Ways Long-Term Care Risk Eats Your AUM,” by Allison Bell, ThinkAdvisor
“Whether you’re trying to sell retirement planning services, stocks, mutual funds or annuities, long-term care costs hover over your book of business like a hungry, remorseless demon. Lincoln Financial found when it organized a survey of 1,003 U.S. adults last spring that just 35% of the participants with financial professionals had talked to those financial professionals about LTC planning.
About 27% of those survey participants with financial professionals said the financial professionals had never even raised the issue.”
LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform:
Are American consumers and their advisors just stupid? Or is their behavior quite rational when all the facts are considered in context? For all the facts and the context, read “Long-Term Care: The Problem” and “Long-Term Care: The Solution.”
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