The Greatest Retirement Expense of All

Shouldn't you be dead?

Just a quick comment. In 1965, just about the time the U.S. expanded it's social programs (for those who remember this is the LBJ 'bread-and-butter' era) when Medicare came into existence the average life span was 70.5 years. Jump forward 40+ years and now the fastest growing segment of the U.S. population is over 85. What no one thought about all those years ago was what if we live longer. What if medicine is so good at keeping us alive we just don't die like we used to.

Approximately 77 million baby-boomer's will begin entering Medicare in 2011and some of them actually think it will pay for long term health care costs. Right now LTC costs are in the hundreds of billions of dollars and because people deny the reality of living longer fail to plan for aging. Perhaps some people think the government should solve this problem but considering their already incompetent handling of affairs and waste of taxpayers money I say no. As it stands there are over 130,000 pages of regulations just with regard to Medicare.

A better solution is for the insurance companies to make a product that transfers the risk properly and for Congress to provide legislation that allows 100% of the purchase of that solution/product to be a full tax deduction.

The Feds have implemented their own long term care insurance program for its workers but fully intends on hanging out the public. As long as their *** is covered what else matters.

As an ex-long term care insurance specialist who now acts as a consumer advocate being forewarned is forearmed. For more information visit LongTermCareInsuranceSecrets.com

Lisa, the insurance traitor of NV @ May 12, 2008 18:00:01 PM