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New Retirement Radio with Dennis Prout Podcast

The days of simple retirement planning are gone and those who can manage their own portfolio are choosing not to. Prout Financial Design began over 25 years ago as an education based financial planning practice. Dennis Prout, Certified Financial Planner, believes that each client should not only understand their finances, they should be actively involved in the decisions made. Join the conversation! Dennis' radio show can be heard LIVE every Thursday at 10 am on News Talk 580 am or you can listen here instead. Thanks for tuning in! Advisory Services offered through Capital Asset Advisory Services, a Limited Liability Company, and a Registered Investment Advisor. Prout Financial Design does not provide tax, accounting, or legal services. Please consult the appropriate professional regarding your individual circumstance. Not associated with or endorsed by the Social Security Administration or any other government agency.
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Now displaying: Page 1
Jun 13, 2017

Traverse City has made many lists this year, including “Best Place to Retire.” Statistics show that Northern Michigan is one of the fastest-aging areas in the nation. For the first time in our region’s history, there are more people dying than being born. It’s being called a “Silver Tsunami” as more than 10,000 people turn 65 every day until 2030. According to the Henry J. Kaiser Family Foundation, “The 65 and over population will more than double, and the 85 and over population will more than triple by 2050.” In 2015, the median annual cost for nursing facility care was $91,250.

No one likes to talk about long-term care. Most of us are forced into the discussion by way of circumstance. In this episode Dennis Prout and Shea Petaja try to bridge the gap between future possibilities and current options to plan for your care.

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