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number three what we're looking at here area number three year the third pillar if
you will
is health of in there several things that
come to mind when I say health some people maybe think what am I gonna be
your personal trainers like
no not exactly might maybe suggest you go to the gym
something along those lines so we look at the pillar health Frank we're
actually looking at is
there are several types of insurance is a really important your health insurance
obviously comes to mind and that's individual or group insurance through
your employer or maybe
Medicare or Medicare Supplements another area something called extended care
planning
when when we reach into your late six...
well early 80s there's a very high likelihood
that you're going to end up needing some sort of an extended care support
most people say well Rick I'm not going into a nursing home ever
or I had no desire for such a thing either Frank
when something happens to me I wanna stay at home
and if you don't plan for it's not going to go the way it like
here in the the truth of the matter is fully fifty percent
have all couples are going to experience a need for extended care
Suze Orman many people know her name is very
she says no it's not even close to that's not nearly that bad it's only one
and three couples Frank
and instead of one in two it is one in three either way you slice it
that's a problem and needs to be managed wouldn't you agree? absolutely!