to their increased investments in wellness and health-driven enterprises. There is a more significant focus on preventative healthcare, encompassing everything from regular health check-ups to personalized exercise and diet regimes, reflecting that prevention may be better than cure.
In conclusion, HNW individuals must rethink their wealth management strategies, including adding LTC insurance and personalized healthcare to their estate plans. Longevity trends and the inherent unpredictability of health make planning for LTC an essential consideration for wealth accumulation, preservation, and sustainability. After all, wealth has more meaning when having the health to enjoy it.
Important Disclosures:
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine if Long-Term Care may be appropriate for you, consult your financial professional.
All information is believed to be from reliable sources; however, LPL Financial makes no representation as to its completeness or accuracy.
This article was prepared by Fresh Finance.
LPL Tracking #516734-02
Sources:
https://www.ltcnews.com/articles/high-net-worth-individuals-find-value-in-long-term-care-insurance
https://insurancenewsnet.com/innarticle/9-reasons-wealthy-clients-should-consider-ltci
