For those that are twenty years old today, there is a 27% chance that they will become disabled before the age of 65. 70% of employees live paycheck to paycheck, unable to absorb the cost of a disability. The Social Security disability benefit is less than $1300 a month, certainly not enough to live on […]
1% of the US population lives in a long term care facility, yet nearly 40% of all COVID deaths occurred in a long term care facility. As a result, family members are choosing to take care of their loved ones at home. Long term care facility occupancy rates have plummeted, the industry as a whole […]
44% of families will face financial hardship within six months if the primary wage earner dies. 60 million American households are either uninsured or under-insured. 46% of Americans have no life insurance. Ten years ago that percentage was only 36%. The average family deficit caused by the death of the family member is $200,000. This […]
