On February 4th, 1977, over 40 years ago, one of the best albums ever, Fleetwood Mac's "Rumours," hit the stores and hit the radio. "Go Your Own Way" was the first smash single played on top 40 radio and the FM album stations. The number one single, "Dreams," followed. "Don't Stop" and "You Make Lovin Fun" were top 10 singles. This album was unique since many of the tracks could have been singles. Songs like "The Chain" and "Second Hand News," while never released as singles, received a lot of top 40 airplay.
Stevie Nicks Now in Her 70s
Stevie Nicks is the big voice behind Fleetwood Mac. She was born on May 26th, 1948. Hard to believe she is in her 70s. However, time goes by fast. While the band was known for its internal turmoil, Nicks told ABC NEWS in a story on the album's 40th anniversary that the experience was fantastic.
"We were rich, we were young, we were falling out of love with each other, but, hey ... there was a lot of other men and women in the world, and we were all moving on. ... so as bad as it was, it was still great," Nicks said.
How old were you in February of 1977? Perhaps junior high school, high school, college? If you are in your 50s or 60s, you probably remember this time fondly. There were other huge artists on the radio at that time.
The Eagles had "New Kid in Town," which was number one on the charts. The Steve Miller Band had "Fly Like an Eagle." Bob Segar had "Night Moves," and Abba's "Dancing Queen" were also on the charts.
Classic TV shows like "Happy Days," "Three's Company," "Charlie's Angels," and "One Day at a Time" were some of the most-watched shows.
If you grew up with Fleetwood Mac, and remember this time in your life, then you should have already prepared for your future retirement. One area in retirement planning that many people forget until it's too late is the financial costs and burdens of declining health and aging.
Longevity Brings Greater Risk of Long-Term Care
Think about driving around listening to the radio back in the day. Since that time, you have undergone many changes. You might have less hair and more pounds. The fact is your health and body have changed since those days in the 70s. What is going to happen in the next twenty-plus years?
Your health, body, and mind will change, and often those changes will mean you will need help and assistance with your everyday living activities. As we get older, many people will also suffer from a cognitive decline and require supervision due to some form of dementia.
The cost of this long-term health care is expensive. You can find the current and future cost of care by using the LTC NEWS Cost of Care Calculator.
The cost of long-term health care services is exploding due to many factors, including increasing demand for services, inflation, and higher labor costs.
How will you pay for your long-term health care - or will you have to demand on your adult children to become your caregivers? Family caregivers face tremendous stress, anxiety, and burden. There is a better way to plan for the consequences resulting from aging and long-term care.
LTC Insurance is a Solution
Affordable Long-Term Care Insurance safeguards your income and savings and eases the burden that this care places on your family. Not only will you preserve your assets your loved ones will have time to be family instead of being your caregiver.
Experts suggest planning before your retire; most people do so in their 50s. Long-Term Care Insurance is medically underwritten, so you must have reasonably good health to obtain coverage.
There is a good chance you will need assistance as you get older. Don't place this responsibility on your children who have their own careers, families, and responsibilities. Don't drain your assets and adversely impact your income, lifestyle, and legacy. The easy and affordable solution is Long-Term Care Insurance.
Memories are Powerful - Ensure Good Memories for Your Family
Memories are powerful. We have memories of when we were younger. Help your family have better memories of you by preparing for aging and long-term care consequences.
Act now – before you retire – Give yourself and your family peace of mind.
About the Author
An LTC News author focusing on long-term care and aging.
Contributor since August 21st, 2017
People need long-term care services due to an illness, accident, or the impact of aging. Health insurance and Medicare (including supplements) will not pay for most of these costs.
Family caregivers find it hard to juggle their careers and family responsibilities with that of a caregiver for an older parent. The burden is something most people have said in surveys that they don't want to place on their family.
The solution is affordable Long-Term Care Insurance. LTC Insurance provides guaranteed tax-free benefits to access your choice of quality care options, including care at home. You will protect your income and assets and reduce the stress and anxiety otherwise placed on loved ones.
Planning Tools and Resources on LTC NEWS
You can find many tools and resources on LTC NEWS to assist you in your research for a planning solution or help your family find the appropriate care for a loved one at the time of crisis.
To help you plan the costs and burdens of changing health and aging, LTC NEWS has put in place several resources, including:
- The LTC NEWS Cost of Care Calculator will show you the current and future cost of long-term health care services where you live. Plus, each state has vital state-specific information you should know - Cost of Care Calculator - Choose Your State | LTC News
- The Ultimate Long-Term Care Guide is an outstanding read to help you get a good overview of the topic area.
- Compare the major insurance companies that offer Long-Term Care Insurance products here - Top Insurers for Long-Term Care Insurance | LTC News.
- A detailed tax guide that includes available tax incentives can be found by reviewing the Long-Term Care Tax Benefits Guide.
Find all the resources on LTC NEWS - Resources for Long-Term Care Planning | LTC News.
Seek Professional Guidance
Insurance rates are regulated, so no insurance agent, agency, or financial advisor can give you special deals. However, insurance companies' premiums vary over 100% for the same coverage.
Experts suggest using a qualified Long-Term Care Insurance specialist to help you navigate the many options available to you and your family.
A specialist who works with the top companies can match your age, health, family history, and other factors and find you the best coverage at the best value. A specialist will save you money, and you will have peace of mind knowing they are making the appropriate recommendations - Work With a Specialist | LTC News.
Finding Quality Care for Mom or Dad
Start by reading our four guides -
- Finding Quality In-Home Care | LTC News
- Adult Day Care Centers (ADCCs) | LTC News
- Assisted Living and Memory Care Facilities | LTC News
- Finding a Quality Nursing Home | LTC News
If they are lucky enough to own a Long-Term Care Insurance policy, be sure they use it. Sometimes families wait, thinking they can save the benefits for a rainy day. Waiting on using available Long-Term Care Insurance benefits is not a wise idea.
Get Help in Filing a Long-Term Care Insurance Claim
Quality care obtained early will help provide a better quality of life and reduce the risk of a deep decline and facility care. If you need help in starting the process of a Long-Term Care Insurance claim, LTC NEWS can help.
LTC NEWS provides free assistance with no obligation to help you or a loved one complete the claims process with a Long-Term Care Insurance policy. We have teamed up with Amada Senior Care, who will do all the work, free with no obligation.
You can also get support in finding quality caregivers and get recommendations for a proper care plan, whether a person has a policy or not. - Filing a Long-Term Care Insurance Claim | LTC News.
Benefits of Reverse Mortgages
Today's reverse mortgages for those aged 62 and older could be an ideal resource to fund a Long-Term Care Insurance policy OR even provide money to pay for care if you, or a loved one, already needs help and assistance.
Some people have much of their savings invested in their homes. With today's reverse mortgages, you can find ways to fund care solutions, care itself, even help with cash flow during your retirement.
Learn more by asking questions to an expert. LTC NEWS columnist and host of the TV Show "62 Who Knew" will answer your questions regarding caregiving, aging, health, retirement planning, long-term care, and reverse mortgages.
- Just "Ask Mike." - Reverse Mortgages | LTC News.
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LTC NEWS is open to contributors to share their stories with the world.
You can write a story or ongoing column for LTC NEWS. You can write about many topics, including aging, caregiving, health, lifestyle, retirement planning, and long-term care, to name a few.
Be sure to write for our core target audience of adults aged 40 and older. Our audience is worldwide; however, our primary target is the United States, Canada, the United Kingdom, and other English-speaking nations.
Improve your website or blog's SEO and gain exposure and traffic at the same time by being a contributor to LTC NEWS.
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Your Marketing and Advertising Partner – LTC NEWS
Use LTC NEWS to drive traffic to your website and help you attract people interested in your products and services. Plus, you can improve your website's SEO so more consumers can find you when they search for your products and services.
There are various marketing options available with LTC NEWS. Traditional advertising, sponsored content articles, strategic alliances, and more are available.
Learn more about how LTC NEWS can help you market your business, drive traffic, and improve SEO - Advertise With Us | LTC News.
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Let's work together and help consumers who search for us on the web - Site Request | LTC News.
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