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Why is Long-Term Care Awareness Month important to financial professionals?
The answer lies in the statistics. The data below showcases how many individuals are inadequately prepared for long-term care (LTC), both mentally and financially. This lack of preparation can severely impact retirement savings.
This month is an opportunity for financial professionals to help clients plan ahead.
However, client misconceptions can make it challenging for financial professionals to navigate the LTC conversation productively.
The following infographic is designed to aid in your upcoming conversations. Leveraging the statistics and thoughtful responses, you can tackle four of the most common care planning myths head-on.