MIDLANDS BUSINESS JOURNAL
JANUARY 20, 2012 - THE WEEKLY BUSINESS PAPER OF GREATER OMAHA, LINCOLN AND COUNCIL BLUFFS - VOL. 38 NO. 3
Reprinted with permission from the publisher of MBJ Inc. from the January 20, 2012 issue of the Midlands Business Journal
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Professionals advise planning for retirement decades before getting there
by Lori McGinnis Black
Retirement investing, long-term care and Medicare are pressing issues that weigh on today’s seniors. Maintaining a standard of living in the face of rising costs of food and necessities is the biggest issue facing seniors today, said Marilyn Kelson, president of Comprehensive Financial Services.
The increasing cost of food and other necessities as well as financial losses suffered in the economic downturn means that many seniors have had to continue working after retirement to pay their bills, Kelson said.
Another issue is the fact that people in general are living longer than in previous generations. “The decision they must make is, do they
protect their choices and financial assets by purchasing private long-term care insurance ahead of the need,”