Contact Us

333 N Greene St Ste 400
Greensboro, NC 27401-2184
Get a Map

Office: 336-275-0261
Email This Office
Northwestern Mutual Financial Network - Greensboro

Take the first step

Are you ready for financial independence? Are you ready to be your own boss? Are you ready to make a positive impact on people's lives?

Take The First Step arrow

Community Involvement

The Greensboro Group is committed to our community through many different organizations.  Here are some of the organizations that we are involved in:

Greensboro Estate Planning Council

New Garden Friends School Golf Team

Boy Scout Troop 109

Children’s Home Society of NC

Greensboro Urban Ministry

American Red Cross

Nat Greene Kiwanis

Grimsley Sr. High School

Safety Town/Greensboro

Action Greensboro

Greensboro Merchants Association

Christ United Methodist Church

UNC Ram’s Club

Adult Center for Enrichment

Cub Scout Troop 104

Westminster Presbyterian Church

Society of Financial Service Professionals

National Association of Insurance Financial Advisors

United Way

Bell House

Lifespan

Self-Esteem facilitator with the Women’s Resource Center

Kids Voting

United Way’s Women’s Leadership

Greensboro Children’s Museum

Youth Basketball Coach

Boy Scout Troop 214

 

The Longevity Revolution:  Are You Ready for the Future?

Alzheimer’s Advocate Meryl Comer Speaks Out

 

Northwestern Mutual hosted Meryl Comer, broadcast journalist and Alzheimer’s advocate, as she brought her wake up call to Raleigh, NC  recently.

Americans are living longer than ever before.  Longer lifespans involve risks as well as benefits and financial security plans must address both.  Not only do we need to cover the costs of 20-30 years in retirement, but also be prepared for what most of would rather not think about.

In addition to sharing her experience caring for her husband who was diagnosed with early-onset Alzheimer’s at the age of 57, other insights of Meryl’s presentation included:

 

  • According to AARP, two-thirds of people 65 and older will eventually need long-term care, and one in eight of those will be diagnosed with Alzheimer’s.   Comer relates. “You need to ask yourself, ‘Can I remain financially stable if a loved one or I develop a debilitating illness?’ and if the answer is no, look into your options.”
  • Having a solution for possible long-term care needs is especially critical for women, who account for 75 percent of caregivers, are more often charged with caring for elderly parents or spouses, and typically outlive men.
  • Costs are significant and rising –According to the National Clearinghousefor Long-Care Information 2010 you would have paid more than $19,000 on average for a home health aide’s assistance three times a week.
  • Medicare doesn’t pay for long-term care ­– Similar to conventional health insurance, Medicare generally covers short-term, acute medical conditions and limited related rehabilitation, not chronic care at home or in an inpatient facility.  Medicaid may cover long-term care but individuals must have very limited assets and meet strict financial requirements.
  • Caregiving can impact careers and incomes – Many people must juggle caregiving with their regular work responsibilities.  When the demands are too great they may leave their jobs, like Comer did, losing income and retirement savings opportunities as they incur additional costs for care.