Greetings, Dear Friends and Clients,
Denial is not just a river in Egypt.
The study states 76 percent of respondents said they thought a lot or some about their living situation in retirement, but only 44 percent thought they would need long-term care. Yet according to reputable sources like the federal government
, approximately 70% of us over age 65 will need long-term care!
This avoidance of the conversation and denial of the need for LTC is one thing that just hasn't changed in my 25-plus year career.
Bright, well-educated, middle-class to affluent professionals, with lots to lose financially and emotionally, still do not want to believe they might need LTC one day. They avoid conversing about it.
My industry blames itself for not having "sexy enough" products to attract more buyers. We blame the federal government for making it fairly easy for middle-class people to artificially impoverish and abuse the system by using Medicaid to pay for nursing home care. We blame bad press.
Denial is a basic human instinct. It is often useful. But where LTC planning is concerned, I've seen case after case where denial has caused undue harm.
Spreading the Word about LTCi
I love speaking to civic or trade groups and believe I can offer the public accurate education on LTC planning.
My speaking references and qualifications, as well as comprehensive LTC videos, links, testimonials can be found at www.honeyleveen.com.
The Queen, by Self Proclamation, of Long-Term Care Insurance