New York, NY -- (SBWire) --05/20/2011 --Medicare is the only health insurance for 47 million people over the age of 65. With baby boomers celebrating their 65th birthday at a rate of 7,000 per day, that means at least another 33 million people who will need Medicare’s insurance by 2024. This is only health insurance for people over 65, not including long term care insurance and its costs. If Medicare runs out, and you have no financial plans in place for long term care, how are you going to finance retirement? Naked in the Nursing Home, the newest book by Harold Lustig, is due out in this month, and can answer the above questions and many others you may have about financial planning for long term care. With healthcare constantly changing, and the programs that assist with its funding, it will be befenficial and reassuring to have your own finances secured.
Naked in the Nursing Home provides readers with easy to implement plans to help protect their assets, find the most appropriate insurance for their needs, learn about wartime veteran long term care benefits, protect valuable government benefits for nursing home care, and ensure safety of the elderly. Harold Lustig also provides clear action steps for readers to take—from how to find a good elderly law attorney to explaining how to choose the proper nursing home. Readers will also have a clearer picture of when to cover health care costs with Medicare and Medicaid, and ways that they can start preparing now for future financial burdens.
Please contact pr@bloomingtwig.com for more information. Visit the book’s website here http://www.nakedinthenursinghome.com, and pre-order it here http://amzn.to/idxajO.
About Harold Lustig
Harold Lustig is President of the California Estate and Elder Planning Center and the Managing Member of Lustig Financial Services, LLC. He has been a financial insurance and long term care planning advisor specialist for more than 32 years and has been specializing in the needs of seniors and their families for the last 12 years. Harold is a Chartered Life Underwriter (CLU) and a Chartered Financial Consultant (ChFC) and is registered in the State of California as an Investment Advisor.
Harold has been quoted in the Boston Globe, Mercury News, the old San Francisco Examiner and his articles have appeared in the Investment Advisor, the Accountant, and the Society of Certified Senior Advisors. Harold is also a syndicated columnist on Patch.com and author of 4 Steps to Financial Security for Lesbian and Gay Couples. Harold is also a member of the National Speakers Association. He has spoken nationally for the Financial Planning Association Advanced Estate Planning Retreats in Houston and Tampa as well at several FPA Regional Conferences in San Francisco.
“The Medicare Trust Fund Will be Exhausted by 2024. Will You be Affected?”
New book by nationally known author explores the financial difficulties associated with elderly care, and how to prepare for them.