Genworth Let’s Talk Tour Covers Long-Term Care

I wrote this review while participating in a campaign for Mom Central Consulting on behalf of Genworth. I attended a live event and received a promotional item to thank me for participating.

Genworth #LetsTalk Tour

Let’s face it, we’re all getting older. Aging is not something we like to talk about but it’s something we all need to do. My father retired a few years ago and my mom is nearing retirement age so now would be the optimal time to sit down and have a talk about their long term care plans.

It’s not an easy conversation to have though so that is why Genworth has kicked off the #LetsTalk campaign. Genworth’s Let’s Talk Tour kicked off in New York City on June 27 and 28, with actor Rob Lowe as the guest speaker. The purpose of the tour is to discuss the options consumers can take to protect themselves and their investments with regards to long term care and aging. Next stop on the tour is Chicago, July 9-13 in conjunction with Taste of Chicago. Other stops include Los Angeles, Aug.30-Sept.1, San Francisco, Sept. 6 and 7 and Dallas, Oct. 2-5. The purpose at each location is to have consumers share their stories about aging while hearing about the options that Genworth can provide.

The two biggest financial worries that our aging population will face is outliving retirement funds and experiencing an unexpected and uninsured health or long term care situation. Genworth believes it is never too late to start planning for aging care. One of the first steps in planning is determining the cost of long term care in the region where you live. Current statistics indicate that about 70 percent of individuals over age 65 will need long term care services at some point in their lives. The impact of medical care at this stage of life can significantly impact finances, careers, lifestyles and even peace of mind.

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When a family member needs long term care, the impact can go way beyond dollars expended. Individuals may need to juggle schedules and responsibilities to take part in care giving. We’re experiencing that now with Hubby’s parents. His parents are both way past retirement age, yet his mom still works. His dad suffered a serious injury at work about 10 years ago and as a result, he can no longer do many things on his own. There was never any discussion about long term care so Hubby and his siblings have had to step in to help them out in a big way.

Genworth is committed to showing consumers how they can make small changes now that can positively impact their lives later. Without long term care insurance, both caregivers and recipients are forced to cut back significantly on discretionary spending, leading to overall decreased quality of life. Reports indicate that caregivers often spend a minimum of three years of their life caring for aging loved ones who cannot care for themselves. Having long term care insurance in place long before it is needed can help reduce some of the stress associated with aging and health.Let's Talk with Genworth

__________________________________________________________________________________________________________ Disclosure of Material Connection: Some of the links in the post above may be “affiliate links.” This means if you click on the link and purchase the item, I will receive an affiliate commission. I am disclosing this in accordance with the Federal Trade Commission’s 16 CFR, Part 255: “Guides Concerning the Use of Endorsements and Testimonials in Advertising.”

About the author

Diane

Diane is a New Jersey-based writer and blogger. She is a wife and the mom of a 13-year old boy. Through her blog, she wants to inspire moms to find Zen in their lives while offering practical tips and other valuable information to help families deal with everyday issues. Contact her at dianenassy@gmail.com

31 Comments

  • Sounds like it has some great points for sure. My father passed away like 5 years ago, and I don’t have a mom, but I do know if I had parents this is something that would be needed to discuss.

  • I hate thinking about this kind of thing, but it’s so important to plan ahead. We’re in that spot with my mom right now.

  • My husband and I have been talking a lot about this topic! It’s so important to plan ahead in case of an emergency!

  • My husband figures he’ll be working until the day he dies OR well into his 80s as our retirement isn’t growing as fast as living expenses. I’m glad that we are saving for retirement as some friends aren’t.

  • There is so much to think about financially speaking as we age. Thanks for sharing this great info.

  • I think that life insurance and long term care insurance are things that most don’t really think about until it’s too late! I used to work for a life insurance salesman and learned early that it’s so important to plan ahead!

  • Long term care is something no one wants to think about, but it’s one of the most important things to plan for in our lives. Long term care can get very expensive very quickly, and it should be a part of anyone’s plan for their later years.

  • It is so important to have these discussions with our family. I’ve had difficult but important talks with my parents. You have to do it.

  • It is definitely not easy to discuss the future and money. I even dread talking to hubby about our money now, let alone in the future

  • I agree this is something we don’t like to think or talk about, but it is so important to be proactive and come up with a plan.

  • We are having to help with long term care of my father right now, because we never discussed it. It’s something every family should have a plan for.

  • Genworth has a lot of great resources when it comes to long term health care. Something we should have looked into long ago for my parents.

  • My Dad became very ill with an autoimmune disease several years ago, and he had to have a very expensive stem cell transplant, with additional costs for hotels and flights back and forth from Maine to Chicago. It was quite a burden on my parents, financially, which is something that people should not have to worry about while they are going through a health crisis.

  • its important to have these documents and plans in place. you just never know what/when something could happen. better to be prepared.

Genworth Let’s Talk Tour Covers Long-Term Care

by Diane time to read: 2 min