Friday, May 18

Senior have Varying Ideas about Retirement

LifeHealth Pro conducted their annual Senior Survey
Life Health Pro.com asked Seniors about their current retirement and health situations.  Here are some of the responses they got back...




All the rules have changed and it is almost impossible to get back out from under the blanket of the economy. Banks are not lending, Congress doesn't care and everybody is trying to line their own pocket. This is a real mess.
Larry G.
Financial health is not good. I lost money in the market. Do not have LTC insurance. I am raising three grandchildren and I have already raised 11 children.
Jean R.
Current financial situation is fine. I am able to meet any catastrophes. Not concerned about the future. I will always be able to get by without scrimping.
David C.
Current financial problems are desperate and health issues and age preclude improving it other than by a miracle.
Linda M.
In retrospect, I would have planned for the worst times rather than the good times. Our country is so screwed up by lawyers and lawmakers, you can't move in any direction without compliance overload. I used to be totally positive and now I have to fight negativity. Common sense has become a thing of the past.
D. Carlton
The main thing that I want to help people avoid is running out of money, outliving their retirement so to speak, or being forced into a government controlled nursing home.  I recently attended a seminar on Long Term Care insurance, and one of the things I took from it is that LTC is Anti-Nursing Home insurance.  If you have questions or need help with retirement issues, or you have aging relatives or friends talk to them about these issues.  And know that I am learning more and more every day about how to use insurance to help provide a comfortable retirement.