What would you do if you had prepared for your retirement and had responsibly bought insurance policies to provide for long term care only to find the insurance company raised your wife's rates by 77% while the your insurer raised yours by 25%? This was what happened to a Michigan couple. Read from WSJ article.
The WSJ article, "Long-Term-Care Insurance Leaves Customers Groping," writes, "The long-term-insurance industry now is shrinking, premiums are soaring and there is no fix in sight. At the same time, government safety-net programs, already under cost-cutting pressure, are bracing for demand from more than 77 million aging baby boomers."
After working for more than 40 years, wouldn't you be devastated to see such insurance premium increases? And would you be upset to see a new government push to re-figure inflation using chained CPI to adjust cost-of-living-adjustment, or COLA, for social security payments?
If you depend on traditional means for retirement, you will be shocked.
So why wait after working a lifetime to see diminishing retirement benefits?
Now, more than ever, is the time to investigate how you can create your own economy and work towards early retirement with residual income for life! Check out this video.
You will be glad you did!
The WSJ article, "Long-Term-Care Insurance Leaves Customers Groping," writes, "The long-term-insurance industry now is shrinking, premiums are soaring and there is no fix in sight. At the same time, government safety-net programs, already under cost-cutting pressure, are bracing for demand from more than 77 million aging baby boomers."
After working for more than 40 years, wouldn't you be devastated to see such insurance premium increases? And would you be upset to see a new government push to re-figure inflation using chained CPI to adjust cost-of-living-adjustment, or COLA, for social security payments?
If you depend on traditional means for retirement, you will be shocked.
So why wait after working a lifetime to see diminishing retirement benefits?
Now, more than ever, is the time to investigate how you can create your own economy and work towards early retirement with residual income for life! Check out this video.
You will be glad you did!
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