Financial Planning allows Aunties everywhere to play more, with a peace of mind.
Women are the primary breadwinners in 1 of 3 married couples (source Business Week, Jan. 28, 2003)
Here are the facts:
•90% of women will solely be responsible for their finances at some point in their lives (Source: Women in Philanthropy March 2003).
•75% of residents in long term care facilities are women (source: Journal of Financial Planning September 2000).
•85% of women wait to do financial planning until a crisis, such as death of a spouse or divorce (source: Making Change, Neale S. Godfrey).
Which excuse delays you from peace of mind?
1. It won’t happen to me. We hope not, but it always helps to be prepared, especially since disability is the cause of nearly half of all home foreclosures in the U.S., according to a study published by Compton Insurance Marketing in 2002. And in fact, 68 percent of respondents to the MassMutual Benefits Barometer Survey haven known someone who has been too sick or injured to work and/or care for themselves. Knowing what your disability income insurance coverage protects, and how much you are eligible to receive should you need it, is important for everybody, young and old.
2. The government is there for me. According to a report to the U.S. Senate in 2001, women face a greater risk of needing long-term care by a caregiver because they usually outlive their spouses. If you suffer a disability that requires assistance with activities of daily living, from bathing and dressing to eating, you may need long-term care, which is becoming increasingly expensive. Many think they can rely on Medicare or Medicaid, but don’t realize they both have limits on the kind of care and a person’s income and assets. A long term care policy is designed with choice and options in mind to protect an individual’s assets and cover expenses associated with services, such as home care, assisted living, and community and nursing facility care.
3. It is too hard to figure out. As with any financial planning, the first step is the hardest. Fortunately many online tools, including our website www.jlbfinancialinc.com, offer online calculators for confidential and easy self-evaluation. In just 10 minutes, you can find out how an unexpected illness or injury could impact your financial future.
JLB Financial Inc. hopes your visit to our website will help you understand the opportunities and potential rewards that are available when you take a proactive approach to your personal financial situation.Most important, we hope you see the value of working with skilled professionals to pursue your financial goals