| QUOTES from
the
Masters... |
| On Overcoming Fear |
On Time Management |
| "The
history of the human race is the history of ordinary people who have
overcome
their fears and accomplished extraordinary things." -– Brian Tracy
"The
wise man in the storm prays to God, not for safety from danger, but for
the deliverance from fear. It is the storm within that endangers
him, not the storm without." -– Ralph
Waldo Emerson
"Our
doubts are traitors, and make us lose the good we often might win, by
fearing
to attempt." -- William
Shakespeare
|
"Time
is our most valuable asset, yet we tend to waste it, kill it, and spend
it rather than invest it." -- Jim Rohn
"No
matter what you have done to this moment, you get 24 brand-new hours to
spend every single day." -- Brian
Tracy
"Time
has no favorites...and it doesn't become kinder to one over
another...it
just gives us back...what we put into it..." -– Doug
Firebaugh
"You
may delay, but time will not." -- Benjamin
Franklin
|
|
The Need for
Long-Term Care
Separating FICTION
from FACT
Few people are
prepared to handle the financial burden of long-term health care.
In fact, many
people have a false sense of security when it comes to long-term care.
|
FICTION
|
FACT
|
|
“Medicare
and my Medicare supplement policy will cover it.”
|
In
fact, Medicare and “Medigap” insurance were never intended
to pay for ongoing,
long-term care:
- Only
about 12% of nursing home costs are paid by Medicare, for short-term
skilled
nursing home care following hospitalization.
(Source: AHIP, A Guide to Long-Term Care Insurance, 2004)
- Medicare
supplement insurance helps cover some of the gaps in Medicare coverage,
but not long-term care.
(Source:
AHIP, A Guide to Long-Term Care Insurance, 2004)
|
|
“It
won’t
happen to me.”
|
- At
age 65, people face at least a 40% risk of entering a nursing home at
some
point in their lifetime and about 10% will have a stay of five years or
longer. (Source: AHIP, A Guide to
Long-Term
Care Insurance, 2004)
- Women
have a longer life expectancy than men…about 72% of nursing home
residents
are women. (Source: AARP Public
Policy
Institute, "Women and Long-Term Care," July 2002)
|
|
“I
can afford it.”
|
- As a national
average, a year in a nursing home is currently estimated to cost
$79,935. In some areas, it can easily cost $100,000 or
more! (Source: 2009 MetLife Market Survey of Nursing Home,
Assisted Living, Adult Day Services, and Home Care Costs)
- The
average length of a nursing home stay is about 2.4 years.
(Source:
CDC/NCHS Health Care in America, Trends in Utilization; U.S. Department
of Health and Human Services, January 2004)
- The average
cost of an assisted living facility in the U.S. was $37,572 per year in
2009. (Source: 2009 MetLife Market Survey of Nursing Home, Assisted
Living, Adult Day Services, and Home Care Costs)
- Home
health care is less expensive, but it still adds up. Bringing an
aide into your home just three times a week easily can cost $1,000 each
month, or $12,000 a year. (Source: AHIP,
A
Guide to Long-Term Care Insurance, 2004)
|
|
“If I
can’t afford it, I’ll go on Medicaid.”
|
Medicaid,
or welfare assistance, has many “strings” attached and is
only available
to people who meet federal poverty guidelines. |
Whether purchased
for yourself, your spouse or for an aging parent, long-term care
insurance
can help protect assets accumulated over a lifetime from the ravages of
long-term care costs.
|
| MESSAGES
from
the Masters... |
TODAY
IS YESTERDAY'S TOMORROW by Jim Rohn
The
problem with waiting until tomorrow is that when it finally arrives, it
is called today. Today is yesterday's tomorrow. The question is what
did
we do with its opportunity? All too often we will waste tomorrow as we
wasted yesterday, and as we are wasting today. All that could have been
accomplished can easily elude us, despite our intentions, until we
inevitably
discover that the things that might have been have slipped from our
embrace
a single, unused day at a time.
Each
of us must pause frequently to remind ourselves that the clock is
ticking.
The same clock that began to tick from the moment we drew our first
breath
will also someday cease.
Time
is the great equalizer of all mankind. It has taken away the best and
the
worst of us without regard for either. Time offers opportunity but
demands
a sense of urgency.
When
the game of life is finally over, there is no second chance to correct
our errors. The clock that is ticking away the moments of our lives
does
not care about winners and losers. It does not care about who succeeds
or who fails. It does not care about excuses, fairness or equality. The
only essential issue is how we played the game.
Regardless
of a person's current age, there is a sense of urgency that should
drive
them into action now - this very moment. We should be constantly aware
of the value of each and every moment of our lives - moments that seem
so insignificant that their loss often goes unnoticed.
We
still have all the time we need. We still have lots of chances -
lots of opportunities - lots of years to show what we can do. For most
of us, there will be a tomorrow, a next week, a next month, and a next
year. But unless we develop a sense of urgency, those brief windows of
time will be sadly wasted, as were the weeks and months and years
before
them. There isn't an endless supply!
So
as you think of your dreams and goals of your future tomorrow, begin
today
to take those very important first steps to making them all come to
life.
To
Your Success,
Jim
Rohn |
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