BFH4XH Senior couple looking at bills, sitting at dining table. Image shot 2009. Exact date unknown.

Residential Assisted Living – An Investment for The Ages

After we opened our second Residential Assisted Living home, my wife and I were standing in the master bedroom, looked at each other and said, “You know what? We could move in here later.”

I am fifty-five, and my wife is not far behind me. When I’m eighty-five, I’m going to need help. Like many people my age, having seen my own mom go through the process of needing help to take care of herself in her eighties, I’m starting to ask, “Who’s going to take care of me?”

I don’t have a long-term-care insurance. I’ve always worked for myself – and if I did, would it even be enough? There are limits on how much – and how long – most policies will support someone.

So how do you answer the question of who’s going to take care of YOU? Tweet This!
When it comes time for you to get help with the daily tasks of living, or move into assisted living, who’s going to pay $10,000 a month to take care of you?

If you can even find a Residential Assisted Living, rather than a “facility” (that looks more like a warehouse), the cost is usually $3,600 a month, on average.

12-05-stacks-of-cashA nicer home can easily cost $5,000 a month, and there are people, at this very moment, paying $6,000, $8,000, or $10,000 a month. Thirty years into the future, with inflation it’s likely to be $10,000 a month minimum.

Now, let’s do the math, if it’s $10,000 for me and $10,000 for my wife, that’s $20,000 a month. If I don’t have a plan, who will pay for my long-term-care in an assisted living needs? My kids? I do not want to leave my kids with that burden – or use up the nest egg I worked so hard to build.

But what if… you opened an assisted living home and created a great income from it now. And then later, you literally had a plan to move into it.

Your long-term care is now paid for, for life. Tweet This!

  • You leave your kids with a blessing and not a burden.
  • You create a future you can literally live into.
  • You have a single real estate investment that makes six, seven, or eight-times the income of one rental.

Now the hard part – if you don’t get the how-to from someone who has done this before, you are likely to make a lot of mistakes.

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Even the best stock market investment would be unlikely to yield a lifetime of dividends and net positive cash flow, month after month.

… AND the absolute knowledge that you have a plan for your golden years that does not leave your children or grandchildren burdened and broke.

If you’re serious about your plan for your future, about your financial freedom, and you are ready to DO GOOD to do well, this is your opportunity to act.

Take the next step. Call us (480)-704-3065 or just click here and let’s get started.

Gene Guarino

Founder of the Residential Assisted Living Academy.
PS: The right time to do the right thing? It’s always right now. Don’t let another day be lost or wasted not creating the freedom you want in your life. Call us (480)-704-3065 or just click here and let’s get started.

 

 

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