Roger Green, MSFS,CFP®

Just over 1 in 4 of today’s 20-year-olds will become disabled before they retire.1  Over 37 million Americans are classified as disabled – about 12% of the population – and more than 50% of those are in their working years from 18-642

I recommend Long Term Care (LTC) insurance policies for many of my clients.  70% of people turning age 65 can expect to use some form of long-term care during their lives (Source:  U.S. Dept of Health and Human Services).  As we age, the likelihood of someone facing an illness or injury that requires outside care is great.  Care can be financially devastating without adequate coverage for such an event.  Many people who have LTC policies are not aware of the wide range of benefits available, and as such, underutilize their policies.   

Very few people could “save” enough for retirement with today’s long life expectancies and earlier retirements.  If you just “save” – yet do not have growth that exceeds both income taxes and inflation, you are more likely to run out of money.

Roger Green, MSFS,CFP®

Life insurance may not seem like a romantic gift, but it could be the most precious Valentine’s gift you ever gave a loved one should something unexpected happen. It protects from financial loss in the untimely death of an income earner, caretaker, or even a business owner or key employee. Life insurance can play a critical role in a successful financial strategy.

Roger Green, MSFS,CFP®

Have you heard of the Stanford Marshmallow Experiment conducted in 1972 by a Stanford University psychologist? In this experiment, children are given a marshmallow and told they would receive a second marshmallow if they could resist eating the first.