Page 43 - Why We Want You To Be Rich - Donald Trump, Robert Kiyosaki.pdf

OUR SHARED CONCERNS I 37

William Thomas have pointed out, 'The growing demand for long-
term care is pushing Medicaid into bankruptcy.'

"Nearly one in two Americans will need some type oflong-term
care, but only one in four can afford long-term private nursing home
care, which now averages $41,000 (in 1999 dollars) a year. Only 1
percent ofAmericans have bought long-term healthcare insurance.
So most are hoping to rely on Medicaid. As things are right now,
they're in for a major disappointment.

"After a short initial contribution, Medicaid will drop out of the
picture until the patient's resources are spent down to the poverty
level. Ifthe patients are your parents, that means everything they've
worked for in life will be gone. And that often means one parent is
left destitute. It can also create a massive financial burden on
families. The Boomer who planned to sail around the world on his
own boat might find himselfselling his car to keep mom or dad in
a decent facility."

As I've said, after my first meeting with Donald, I knew why we had
come together to write this book. But once I read TheAmerica u-e Deserve,
I knew - without a doubt - what our shared concerns were, why we were
teachers and why we wanted people to be rich.

... - Two MEN .. ONE MfS!W'iE