Baby Boomers Face Challenges: Caring for Aging Parent

Let me share this story about how many Baby-Boomers are now taking care of a parent as well as their own career and family responsibilities. This story shows how one such Boomer cared for her mom with help of Long Term Care Insurance and lots of love and effort. One thing the story doesn’t mention is how being a caregiver has an impact on both the health and finances of the adult son or daughter.

The AARP, in a new report just out in July 2015, shows this impact.

60% of family caregivers are attempting to do so while still working and taking care of their own families. 55% of those reported to already feel overwhelmed by this caregiving. 68% reported to having to use their own money to help take care of a parent and 39% felt financially strained by this cost.

“Many of my clients tell me they would prefer their adult children to be their sons and daughters and not their caregivers. In other words, they want the loving and support and would rather not burden their adult children with the physical, emotional and financial burdens Long Term Health Care can have on loved ones,” McCann said.

The link to the story:

The link to the video of the TV News report from WFTS-TV, Tampa:

“I can show people how making affordable Long Term Care Insurance can be a very affordable part of their retirement plan. Most of my clients are age 40-60. While you can still obtain coverage up to about age 75, health issues and cost might be an issue,” McCann said.

McCann noted that you can get quotes from all the top companies at this website link:

60% of caregivers work full time

55% caregivers overwhelmed

68% family uses own money

McCann insurance banner ad 4.10.15

About Matt McCann

Matt McCann is recognized as a leading Long Term Health Care (LTC) specialist. Since 1998, Matt has been a national leader in finding solutions for the physical, emotional and financial burdens LTC places on American Families. He has been recognized by the American Association for Long Term Care Insurance as one of the top specialists in the country. In 2015 he was listed among the top ten specialists in LTC planning in the nation. He has also worked in sales management for two of the leading organizations marketing LTC products. He served as Director of Business Development for ACSIA LTC and Senior Vice President/Sales for LTC Financial Partners. Many of his agents have been among the top LTC specialists in the industry. Matt's divisions have also led in an innovative webinar approach which allows agents to use screen sharing software so prospects can see the agent's desktop. Matt's proven areas of success include sales coaching, training and motivation in additional to being an experienced LTC specialist. He has produced results in total production, placement rates and lead efficiency. Matt is known for years of experience leading creative efforts for agent meetings and sales promotions which drove results for both agents and consumers. He is now focused on helping consumers find affordable solutions so they can protect their assets and never be a burden on family and loved ones. He specializes in LTCi, Critical Care and Asset Protection products. Matt also coaches individual agents throughout the country helping them improve their processes to help more consumers. Matt is also known as an effective public speaker on LTCi and LTC issues as well as sales motivation. He appears on radio and TV programs and is available for bookings. Because of his schedule an advance notice is always requested. Prior to dedicating his life to LTC, Matt was a well known radio station manager and personality, He worked at radio stations throughout the country He may be best known for as legendary Chicago radio personality Larry Lujack's co-host when Lujack came back out of retirement years ago. Matt can be contacted by email at or by phone at 866-751-7957. You can follow Matt on Twitter: @mccannltc -
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