Page 6 - Jupiter Ocean Mile - April '24

Page 6, Jupiter Ocean Mile
Financial Focus ®

Book Review What Should You Know About So, you may need to protect yourself and your loved ones Also, long-term care policies typically require you to wait a

Long-Term Care? from the potential costs of long-term care. Basically, you’ve got certain amount of time before benefits are paid. But policies
two main choices: You could self-insure or you could transfer
vary greatly in what they offer, so, if you are thinking of
the risk by purchasing some type of long-term care insurance. buying this insurance, you’ll want to review options and
By Sally Sima Stahl If you have considerable financial resources, you might compare benefits and costs.
We all hope to remain find self-insuring to be attractive, rather than choosing In any case, by being aware of the potential need for
healthy and independent insurance and paying policy premiums. You may wish to keep long-term care, its cost and the ways of paying for it, you’ll
throughout our lives – but an emergency savings or investment account that’s earmarked be able to make the appropriate decisions for your financial
life can be unpredictable. exclusively for long-term care to help avoid relying on your situation, your needs and your loved ones.
If you were ever to need other retirement accounts. But self-insuring has two main This article was written by Edward Jones for use by
some type of long-term care, drawbacks. First, because long-term care can be costly, you your local Edward Jones Financial Advisor, Edward Jones,
would you be financially might need to plan for a significant amount. And second, it Member SIPC.
prepared? will be quite hard to predict exactly how much money you’ll Edward Jones is a licensed insurance producer in
Long-term care need, because so many variables are involved – your age all states and Washington, D.C., through Edward D.
encompasses everything when you start needing care, interest rates or inflation, the Jones & Co., L.P., and in California, New Mexico and
from the services of a home cost of care in your area, the type of care you’ll require, the Massachusetts through Edward Jones Insurance Agency
health aide to a stay in an assisted living facility to a long length of time you’ll need care, and so on. of California, L.L.C.; Edward Jones Insurance Agency of
residence in a nursing home. You may never need any As an alternative to self-insuring, you could purchase New Mexico, L.L.C.; and Edward Jones Insurance Agency
of these kinds of care, but the odds aren’t necessarily in long-term care insurance, which can provide benefits for of Massachusetts, L.L.C.
your favor: Someone turning age 65 today has almost a home health care, adult day care and assisted living and Edward Jones, its employees and financial advisors
70 percent chance of needing some type of long-term care nursing home facilities. However, you will need to consider cannot provide tax advice. You should consult your qualified
services and support in their remaining years, according the issues attached to long-term care insurance. For one tax advisor regarding your situation.
to the U.S. Department of Health and Human Services. thing, it can be expensive, though the younger you are Contact us at (561) 748-7600, Sally Sima Stahl, AAMS,
And all types of long-term care can involve considerable when you buy your policy, the more affordable it may be. 1851 W. Indiantown Road, Ste. 106, Jupiter, FL 33458.
financial expense. The median annual cost for a home health
aide’s services is more than $60,000 per year, and it’s more
than $100,000 per year for a private room in a nursing
home, according to Genworth, an insurance company.
Furthermore, contrary to many people’s expectations,
Medicare usually pays very little of these costs.
Of course, some people expect their family will be able
to take care of their long-term care needs. But this may not
be a viable strategy. For one thing, your family members $ $ 100 off $ 250
simply may not have the skills needed to give you the type 39Usually 95
$
of care you may require. Also, by the time you might need serviCe Call with any new uv light with any
help, your grown children or other family members might any a/C repair water heater new installation
( 750 value)
$
not live in your area. Call for serviCe Call for serviCe Call for serviCe
561-741-2825
561-741-2825
561-741-2825
Jupiter Senior Not valid with any other discounts, Not valid with any other discounts, Not valid with any other discounts,
offers, or coupons. Limit 1 discount
offers, or coupons. Limit 1 discount
offers, or coupons. Limit 1 discount
Softball per transaction. Expires 5/10/24. per transaction. Expires: 5/10/24. per transaction. Expires: 5/10/24.

Jupiter Senior Softball
Association (JSSA)
player Vic Troiano, has Experience Dentistry
been named recipient of
the 2023 Commissioner’s
Award.
The award by JSSA
Commissioner Paul with a
Storch is “For Meritorious
Service in Furthering the
Mission and Spirit of the
Jupiter Senior Softball
Association.”
In announcing the Woman’s Touch
special honor Storch cited
Troiano’s dedication and Vic Troiano, recipient of the
“unprecedented string” 2023 Commissioner’s Award
of managing winter
league teams while coordinating pickup games, serving Cosmetic & Comprehensive Restorative Dentistry
as an umpire and assuming a leadership role as a division
and association board member.
A member of the senior softball organization since State of the Art & Same Day Restorations
2010, Troiano is noted for his low-key manner as well as
his genuine honesty and humility. “Additionally, on and
off the field you will not find a JSSA member with more Nitrous Oxide/Oxygen Sedation Available
spirit, soul and love in his heart,” Storch said.
Troiano said he was taken aback upon learning of the
award and feels blessed and honored. “My theme has
always been, let’s have some fun, don’t get hurt and let’s Joanne Green, D.D.S.
have a competitive game, win or lose,” he said. The award
was to be officially presented later in the spring.
The year-round Jupiter Senior Softball program is open 10887 N. Military Trail, Suite 6
to persons 55 and over and is sponsored by the nonprofit
Jupiter Senior Softball Association in cooperation with Palm Beach Gardens, FL 33410
the Town of Jupiter’s Parks and Recreation Department.
Games are every Monday,
Wednesday and Friday (561) 622-2815
morning beginning at 8:30
a.m. They have been at www.joannegreendds.com
Maplewood Park pending
completion of renovations
at Jupiter Community Park. Medical College of Virginia School of Dentistry - Cum Laude
For information about the
softball program, including Hospital of the University of Penn - General Practice Residency Training
sponsorship or to register, Harvard Dental School - Former Instructor
contact Gary Newman at Boston Brigham and Women’s Dental Group - Staff Dentist
(917) 623-0791, or go to
www.leaguelineup.com/jssa.