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Why Plan for Long-Term Care? The odds of needing long-term care are high • Approximately 70% of people will need long-term care at some point during their lifetime after reaching age 65* •
Why Plan for Long-Term Care?
The odds of needing long-term care are high
• Approximately 70% of people will need long-term care at some point during their lifetime after reaching age 65*
• Approximately 20% of today’s 65 year-olds will need long-term care services for longer than 5 years*
• Approximately 8% of people between ages 40 and 50 have a disability that could require long-term care services*
The cost of long-term care is rising
Long-term care is expensive, and the cost is rising every year. Currently, the average annual cost of a one-year stay in a nursing home is $74,820*, and in many states the cost is much higher. And in the future, long-term care will be even more expensive.
*Source: U.S. Department of Health and Human Services, December 4, 2016
Come learn more information about these important challenges and more from our CFS* financial advisor, Michael Westbrook.
Refreshments will be provided. Door prizes on site!
Seating is limited. RSVP by September 18!
©2018 Broadridge Investor Solutions, Inc.
(Thursday) 6:15 PM - 7:30 PM EDT
Wilmington Branch - Piedmont Advantage Credit Union
3815 Park Ave., Wilmington, NC, 28403
Spaces Still Available
Make sure to register for this amazing event!
Our CFS* financial advisor Michael Westbrook shares some answers to frequently asked questions over a range of topics.
Hello, I am Michael Westbrook, licensed financial advisor with CUSO Financial Services, L.P. (CFS*) at Piedmont Advantage Investment Solutions. Happy New Year and welcome back to my blog, “Ask...
*Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. Piedmont Advantage Credit Union has contracted with CFS to make non-deposit investment products and services available to their credit union members.
CFS representatives do not provide tax or legal guidance. For such guidance please consult with a qualified professional. Information shown is for general illustration purposes and does not predict or depict the performance of any investment or strategy. Past performance does not guarantee future results.
3530 Advantage Way Winston-Salem, NC 27103