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If you are over 40 you probably have noticed keeping weight off is harder than it was when you were younger. Our calorie intake needs are also different. A 51-year-old male who is not very active will require 2000 calories. If they are more active add 200 to 400 more per day. If they are very active your body will require up to 2800 calories each day. Women require less. A more sedentary female will need 1600 calories at age 51. If they are moderately active add another 200 per day up to 2200 if they are very active.

You will also notice a change in the shape of your body as you get older, even if you are not gaining weight. A shift of fat towards the mid-section is typical in women after menopause, and in men, due to dropping testosterone levels.

The National Institute on Aging says we need to burn off calories to help maintain a healthy body weight for our size and age. You use some calories simply without thinking about it in your day-to-day activities. How active do you have to be beyond that? There is no simple answer. The important thing to remember is that many people need to become more active than they are now, and you might be one of them.

Harvard Medical School has listed a number of common activities and the amount of calorie burn for each activity based on your body size:

Read more from Harvard Medical School – click here–

There are things we need to plan for once we hit 50. Our weight and calorie intake are just two of those things. The financial costs and burdens of aging include the need for long-term care. The cost of extended care comes out of your pocket since health insurance, Medicare and supplements will not pay for a majority of these costs. Since the US Department of Health and Human Services says we will have a 7 in 10 chance of needing some type of long-term care service before we die you better make an advance plan for these costs otherwise it will dramatically impact your savings and lifestyle. It also creates a tremendous burden on your family.

While many people think it won’t happen to them keep this in mind: We live longer today as medical science continues to progress. However, with aging comes aging issues. People require long-term care either due to illness, accidents or the impact of aging. In other words, you could be just healthy but just old and need help with activities of daily living. Oh, don’t say it doesn’t happen in your family. Family history, while not completely irreverent, doesn’t provide us with too much of a crystal ball since medical science is much more advanced today. As we age more things happen and we survive health events and accidents that we didn’t survive just 20 years ago.

A successful future retirement should include affordable long-term care insurance. This way you can safeguard your 401(k) IRA 403(b) and other assets from the high costs of extended care. Plus it will reduce the burden placed on loved ones. Act before you retire.




Posted: March 9th 2017

Every 66 seconds this year, an American will develop Alzheimer's disease, according to the Alzheimer's Association annual report, just released. By the year 2050, that number is expected to double to one every 33 seconds. A CNN story reports that experts say without additional funding and a breakthrough, Alzheimer's could be the disease that breaks the nation's health care bank. In 2017, for the first time, total costs for caring for those living with Alzheimer's and other dementias hit $259 billion -- over a quarter of a trillion dollars.

Much of the cost is placed on the American family since the cost of long-term custodial care, which is the majority of care required by those who suffer from memory issues, is not covered by health insurance, Medicare and Medicare Supplements. Medicaid, the medical welfare program, will pay for care but you must either be poor to start or exhaust assets by paying for care yourself until you have little or no money left. That program was never intended to pay for long-term care and budget issues make the issue of paying for many Boomers and Generation X’ers while meeting the programs other obligations will be difficult.  

There's more. The Alzheimer’s Association's report adds another startling statistic, the hidden cost of caregiving: In 2016, those who took care of loved ones with dementia provided an "estimated 18.2 billion hours of unpaid assistance, a contribution to the nation valued at $230.1 billion.

Read and see the full story from CNN: http://www.cnn.com/2017/03/07/health/alzheimers-report-2017/

Memory issues are only one of many reasons that impact people as they get older. The financial costs an burdens of aging is tremendous. The impact on family creates emotional and physical issues as well. Affordable Long-Term Care Insurance will pay for the cost of quality caregivers and ease the burdens placed on family members. Despite the facts and the affordability of long-term care insurance, many people decide they won’t get it. For some it is denial. For others, they decide to “wait” until they need it. The problem, you must health qualify to get a plan in place. Premiums are based on not just the benefits you choose but your age and health at the time of application.

Experts suggest adding a LTC policy to your retirement plan in your 40’s or 50’s … well before you retire.

Posted: March 7th 2017

The steep and rising cost of long-term care can easily wipe out an estate in a relatively short time. $30 trillion in financial and non-financial assets is expected to pass from the baby boomers in the next 30 to 40 years. This is the wealthiest generation. The issue is few Baby Boomers or Generation X members have an advance plan for long-term care. These costs can dramatically impact this transfer of wealth which would have been earmarked for their children and grand-children and instead go to caregivers and facilities.

Read this story from CNBC: http://www.cnbc.com/2017/02/16/promises-problems-on-horizon-as-30t-wealth-transfer-looms.html

For those who are older or have health issues Long-Term Care Insurance may be unavailable or priced too high for most people. However, LTC insurance for most people is very affordable and should be part of a successful retirement plan. What if you are older or have some health issues? Options are available but you must plan.  “Hybrid” policies featuring annuities or life insurance with a rider for long-term care many time will be available to older consumers or those with some health issues. A LTC specialist can discuss these options. Experts suggest talking with a specialist since most financial planners or general insurance agents have little experience in how these products work, how they are underwritten or even how they get used at the time of claim.

Shorter-term extended care policies are also available. These provide much smaller benefits but are available to more people. Again, a specialist can discuss if it is appropriate for you.

The bottom-line, plan early, ideally before you retire. More options are available and costs are very affordable. LTC insurance will safeguard those assets and ease the burden care places on family.


Posted: March 7th 2017

The Missouri Partnership Program is joint federal./state program designed to encourage individuals to purchase long-term care insurance saving both state, and federal dollars by substituting private insurance for Medicaid. The program allows for the application of special Medicaid eligibility rules for these individuals once private benefits have been exhausted and additional coverage is required. The federal Deficit Reduction Act of 2005 (DRA), signed by President George W. Bush in 2005, contained provisions allowing states to participate.

The Missouri Department of Insurance says, “Long-Term care insurance helps cover the costs of a nursing home, an assisted living facility, home health care and other services to assist with daily activities like dressing, eating and bathing. Many Missourians believe Medicare covers long-term care costs, but Medicare offers very limited coverage for these services, generally for no more than a few months.”

A partnership policy makes it easier to qualify for Medicaid if you have exhausted the benefits of your long-term care insurance policy. For example, a consumer with a $200,000 coverage limit on his long-term care policy might exhaust the benefits after three years in a nursing home. If that consumer needs continued care, he may need to turn to Medicaid.

This allows a consumer to safeguard their assets, including retirement funds like those in your 401(k), IRA and 403(b), from the high cost of long-term care. Even a smaller plan provides this dollar-for-dollar asset protection. Long-Term Care insurance provides tax-free money and services to pay for quality caregivers and ease the burden care places on family.

You can learn more about the Missouri Partnership Program here: http://insurance.mo.gov/consumers/LongTerm/FAQPartnership.php

Affordable LTC insurance should be part of your future retirement plan. The best time to put a plan in place is when you are younger and more healthy. This is not something you obtain when you need care but a plan to prepare for the financial costs and burdens of aging. The Missouri Partnership Long Term Care Policy can be a great addition to your future retirement plan.


Posted: March 7th 2017