“Complete Your Pre-Retirement Checklist”

“Complete Your Pre-Retirement Checklist,” by Wendy Connick, The Motley Fool “Before you finally and officially retire, it’s important to make sure you’re ready for such a huge shift in your lifestyle and your finances. Much like a pilot will complete the tasks on a pre-flight checklist before the plane ever leaves the ground, you should read through and complete the tasks on your retirement checklist before deciding to leave the workforce forever. “Look into long-term care insurance (10-15 years before retirement) If you’re going to buy long-term care insurance, the best time to do so is in your 50s, not
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Categories: Industry News and Long-Term Care.

“Americans’ likelihood of requiring SNF care ‘substantially’ higher than thought, study finds”

“Americans’ likelihood of requiring SNF care ‘substantially’ higher than thought, study finds,” by Emily Mongan, McKnight’s LTC News “The average American’s risk of needing skilled nursing care at some point in their life is 60% greater than previous studies have shown, according to new research. . . . The researchers’ increased estimate may be due to a recent shift toward shorter nursing home stays, as hospitals seek to reign in their costs by discharging patients to nursing facilities sooner, researchers noted. The study found that short nursing home stays of 21 nights or fewer increased by six percentage points from
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Categories: Industry News and Long-Term Care.

“Long-term care insurance becomes more expensive, even as the cost of aging skyrockets”

“Long-term care insurance becomes more expensive, even as the cost of aging skyrockets,” by Mary Katherine Wildeman, Post and Courier “Barbara Franklin has slowly watched over the years as companies offering long-term care insurance have dropped out and premiums have become difficult to afford. As a long-term care specialist and the owner of Franklin & Associates, she said she guides her clients through the decisions they’re faced with as they approach retirement. Often the choices are impossible. While long-term insurance costs rise, so, too, do the debilitating costs of long-term care. An annual cost estimate from Fidelity Investments found last
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Categories: Industry News and Long-Term Care.

Sentinel Independence Day Holiday Office Hours

Holiday Office Hours Our administrative offices will be closed all day on Monday, September 4, 2017 in observance of Labor Day. We will resume normal business hours on Tuesday, September 5, 2017. Commission that would have been paid on September 4th will be paid on September 5th per our regular schedule.   Change is Coming! We are updating our Agent Portal to provide better services for you! Soon you will be able to access your client files, commission statements, illustration software, electronic applications and product forms all from one website using one login. Stay tuned for more information. #goldencareagent #sentinel
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Categories: Industry News, Life Insurance, Medicare Supp./Adv., and Sentinel Security Life.

“This Is How Much Your Kids Are Worth”

“This Is How Much Your Kids Are Worth,” by Suzanne Woolley, Bloomberg   “Michael Hurd doesn’t have a long-term-care insurance policy, but he does have something likely to prove valuable in his old age, however—two daughters. Few Americans assign a dollar amount to the worth of their children—they are without price. But as lead author of a new study looking at nursing home cost and use, Hurd can quantify the value that daughters, and children in general, bring to parents facing one of life’s most dreaded prospects: a stay in a nursing home.” LTC Comment (from Damon V. Moses, Administrative Coordinator, Center for Long-Term Care Reform): If
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Categories: Industry News and Long-Term Care.

“Is Your Retirement Plan as Well Thought Out as Your Vacation?”

“Is Your Retirement Plan as Well Thought Out as Your Vacation?,” by Mark Pruitt, Kiplinger “After working hard all of our lives, the goal for most of us is to have the freedom to go explore and complete the ‘bucket list’ that we have always dreamed of. The problem is most people plan their vacations better than they plan their retirements. “6. Devise a long-term care plan. Six members of my wife’s family have had Alzheimer’s disease. My mother-in-law had it for 16 years. My sister-in-law has it currently and started her journey with Alzheimer’s at age 55. I have
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Categories: Industry News and Long-Term Care.

Good News | New Flexible Payment Options Now Available On Omaha’s Life Insurance

  Life Insurance Awareness Month Begins This Friday With Life Insurance Awareness Month (LIAM) just days away, here is a great reason to mention this important coverage with United of Omaha: Flexible payment options were recently made available on several of Omaha’s final expense/whole life, term and universal life insurance products! Clients now have the option to select a flexible payment date when choosing their reoccuring automatic deductions. What’s more, these new options were also made available for in-force policies! Revisit your existing Life Insurance clients to bring them the good news! Flexible Payment Options Now Available Read Full Good
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Categories: GoldenCare News, Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Flexible Payment Options Now Available

We recently updated our payment options to allow your customers more flexibility when they make their payments. They now have the option to select a flexible payment date when choosing their reoccurring automatic deductions Flexible Payment Date Options: Static dates: 1-28 of each month Flexible day: Last day of the month Week/day combination (your customer can select a combination of the options below): Either the first, second, third, fourth or last week of the month AND either Monday, Tuesday, Wednesday, Thursday or Friday Examples of the week/day combinations: Your customer chooses to have their payment on the third Wednesday every
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

EssentialLTC Now Available on VitalLTC

EssentialLTC is now available to quote via VitalLTC! Save time with flexible features that allow you to quickly generate reports showcasing the financial and product strengths of EssentialLTC. Simply log into VitalLTC and select the Full LTC Comparison or Feature Comparison reports. As a reminder, you can use the following applications to receive EssentialLTC pricing and product information: EssentialLTC Sales Illustrations* Prepare, save and present client quotes through EssentialLTC’s streamlined Illustration software application located on the Agent Resource Center (after logging on) and selecting the Sales Illustrations Page. EssentialLTC Premium Calculator – Now Featuring Benefits Buddy! Determine EssentialLTC’s pricing with
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Categories: Industry News, Long-Term Care, and National Guardian Life.

Final Expense New Business Phones Closing Early 8-30

The Final Expense New Business phones lines will be closed on August 30, 2017 from noon to close Central Time. We will be focusing our staff on processing and placing policies. If you have an immediate need, please email us at FinalExpenseNewBus@Transamerica.com.   #goldencareagent #transamerica
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Categories: Industry News, Life Insurance, and Transamerica.