New Guide Facilitates the Long-Term Care Talk with Aging Parents!
According to Pew Research, 75% of adult children feel financially responsible for helping their aging parents. This is a staggering financial burden. When an adult child has to pay for a parent’s long-term care, goals such as saving for college or retirement become second priority.
It doesn’t have to be this way.
By facilitating the long-term care talk early – before it is needed – your Boomer, Gen X and Millennial clients can create positive, well-planned outcomes that are win-wins for all involved.
Our Conversation Starter: “The Long Term Care Talk” helps your clients facilitate positive, productive conversations.
Share this guide with your clients today.
Our all-new filial responsibility handout helps you advise two audiences:
- For Boomer clients and older: This handout makes seniors aware that failing to plan could create a financial burden for their adult children. If they won’t consider LTCi for their own future quality of life, maybe they’ll consider it to protect their children.
- For millennial or GenX clients: This handout helps adults with aging parents to understand the financial implications of their parents’ long-term care decisions. Once they know the risks, they may be motivated to discuss the issue with their parents and encourage them to plan ahead.
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