Newman Long Term Care President Steve Pike was quoted extensively in the October 2009 issue of Boomer Market Advisor magazine. In “LTCI – The retirement planning glue that holds it all together”, the author focuses on LTCI’s critical need and to ensuring that clients don’t prolong the current economic hardship well into their retirement.
One of Steve’s quotes: “Really, it’s about putting things in perspective for the client, saying, ‘Look, the way you’re feeling about your retirement account losing 30 or 40 percent, that is exactly how you are going to feel 30 years from now if you have a long term care event and, because you don’t have [an LTCI] policy in place, you have to live on half of what you’ve got,’ with the other half going to cover the cost of care.
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