Archive for the Newsletter Category

  Aging baby boomers raise the risk of a long-term-care crisis in the U.S. When the oldest baby boomers turn 80 in 2025, they will be among those who may need more support and services, and the burden will be heaviest for their kids. 5 Reasons to

We’ve changed our name to Gordon Associates Long Term Care Planning. New great name. Same great company. 70% Want To Age At Home, But Only 10% Have Long Term Care Insurance Aging at home is a great choice, but it does cost money to do it. We

The US Needs To Help Seniors And Their Families Navigate Long-Term Care This is a nice summary of resources out there to help navigate long term care. Please include us as a resource. We answer questions all the time and have a strong referral network. One quarter

‘Red-hot inflation’ drives senior living asking rates to record high Senior living asking rates were driven to record highs in June compared with the previous year, as the Fed raised interest rates. Costs never come down. When this inflation calms down, senior living costs won’t decrease. All

Financial Advisors Need Info to Help With Long-Term Care Insurance Rate Hikes This is a big deal – insurance carriers no longer tell us at Gordon Associates when our clients’ premiums will be raised. What’s more, many clients are getting offers from carriers to reduce their premiums…with

Adults poorly planning for long-term care needs, surveys find Adults in the United States are not preparing for their long-term care costs and needs, according to two new industry surveys. Almost half of all long-term care insurance applications declined for those over 70 If you have clients

Long-Term Care Insurance: Higher Premiums for Shrinking Benefits Brian Gordon was quoted in this article. There’s a 70% chance you’ll need some type of long-term care, but getting the right insurance is more complex these days. Here’s some guidance. Less than 25 percent of Americans expected to

Covid’s Effect On Long-Term-Care Insurance COVID hasn’t made buying Long Term Care Insurance any easier. The takeaway – start the application process earlier and be more flexible with the policy you might end up taking. Washington state retools first-in-nation payroll tax plan for long-term care costs The