SEMINAR AT WILTON, CT LIBRARY OFFERS CRITICAL INSIGHTS ON RETIREMENT AND LONG-TERM CARE
04/07/2010

Matthew Castaldi of Wilton-based Castaldi Financial & Insurance Services will be giving a talk entitled: "How to Protect Your Retirement Assets from the Costs of Long-Term Care."
Mr. Castaldi has many years of experience as a financial advisor and is also a sought after speaker on a wide range of financial subjects.

Online PR News – 07-April-2010 – – Wilton - Matthew Castaldi of Castaldi Financial & Insurance Services, LLC in Wilton hosts a free seminar you do not want to miss at the Wilton Library on April 29, 2010. “How to Protect your Retirement Assets from the Costs of Long-Term Care,” offers a critical look at the risks people face as they approach retirement without long-term care insurance, and the options available to help them. Specifically the seminar will discuss insurance plans that can help fund any necessary long-term care, without depleting retirement accounts.
“Most people are concerned about their retirement assets but the biggest risk to your retirement is long-term care costs,” says Castaldi, who has been a financial advisor since 1996. “The information offered in this seminar is more vital than ever because of all the Baby Boomers who are nearing retirement.”
By 2020 12 million elderly may need long term-care, according to the Government’s Medicare website www.medicare.gov. And Medicare does not generally pay for long-term care. A study by the U.S. Department of Health and Human Services notes that people who reach age 65 have a 40 percent chance of entering a nursing home. In Connecticut alone long-term care costs can run over a hundred thousand dollars a year. With that in mind, the optimum time to plan how you will protect your retirement assets is between the ages of 45-65, according to Castaldi. Of course, any time you start is also a good time.
“I want people to walk away from this seminar with a better understanding of how to leverage the funds they’ve set aside to take care of possible long-term care,” says Castaldi. “I also want them to walk away with a better understanding of the different long-term care insurance plans out there and how they may affect your qualification for State Medicaid Asset Protection. The bottom line is I want to show people ways to protect their retirement assets.”
At Castaldi Financial & Insurance Services, LLC Matthew has built a client base with a focus on objective advice for his client's futures. Matthew is certified to sell long-term care insurance approved by the Connecticut Partnership for Long-Term Care. A current member of the Wilton Rotary and the Wilton Chamber of Commerce, Matthew is a speaker on a wide range of financial subjects.

The seminar will be held in the Wilton Library’s Rimer Room located at 137 Old Ridgefield Road on Thursday April 29th from 6-7:30 pm. Refreshments & hors d'œuvres will be served. To register please call 203.210.7800 or email mwcastaldi@aol.com