Up for this...
Up for this...
Last edited by lorenzoleo; 02-23-2011 at 10:16 PM.
Hi modz, can you please merge this into the Official IMG thread at business section? Thanks.
Bill Comfort, a long-term care insurance specialist, broker and trainer who owns Comfort Assurance Group in St. Louis, is all too familiar with the misconceptions about who will pay for senior care.
“The reality is the best-laid retirement plans will be wiped out by a long-term care event,” Comfort says. “People fail to consider the extra costs associated with a long-term care disability in retirement, and that nothing will pay for the kind of care they want except their own money.”
The idea that Medicare and Social Security will pay for senior care is rooted in the misconception that there must be a government entitlement program that will cover such costs. “Many people do see the government taking care of disabled seniors in nursing homes,” Comfort says. “But it’s not what they think. Medicare only covers short-term acute and rehabilitative costs. When a nursing home is needed, Medicaid — a ‘means tested’ welfare program designed to help the poor of all ages — will pay. But that’s only when a senior has exhausted almost all of his or her own resources. And Medicaid generally pays only for care where a senior least wants to go: A certified nursing home.”
REad more here...
invest in stocks, mutual funds, build a wide portfolio of investments, accumulate assets like real estate and all that. i think it's important for every filipino family to know this: you are not forced to join IMG just like other MLMs. you just have to be educated financially, so you can invest and diversify--that's when the services of IMG come in, not the 'registration fees' and what-not.
way ayo man kuno ning IMG daghang gaingon.......
can u pm me details how and how much to join...?
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