1Kaiser Family Foundation, “Women’s Health Care Utilization and Costs,” April 2021.
2Centers for Medicare and Medicaid Services, “Health Expenditures by Age and Gender,” December 2021.
3HealthView Services, “Addressing the Women’s Longevity Gap,” September 2020.
4Assumes a 6% annual return
5Centers for Disease Control and Prevention, “Caregiving — A Public Health Priority,” June 2022.
6BMJ Open Sport & Exercise Medicine, “Leisure Time Physical Activity Throughout Adulthood is Associated with Lower Medicare Costs,” March 2021.
Opinions are as of 08/15/2022 and are subject to change.
This information should not be construed as investment advice and is subject to change. It is provided for informational purposes only and is not intended to be either a specific offer by Bank of America, Merrill or any affiliate to sell or provide, or a specific invitation for a consumer to apply for, any particular retail financial product or service that may be available.
The Chief Investment Office (CIO) provides thought leadership on wealth management, investment strategy and global markets; portfolio management solutions; due diligence; and solutions oversight and data analytics. CIO viewpoints are developed for Bank of America Private Bank, a division of Bank of America, N.A., (“Bank of America”) and Merrill Lynch, Pierce, Fenner & Smith Incorporated (“MLPF&S” or “Merrill”), a registered broker-dealer, registered investment adviser and a wholly owned subsidiary of Bank of America Corporation (“BofA Corp.”).
Investments have varying degrees of risk. Some of the risks involved with equity securities include the possibility that the value of the stocks may fluctuate in response to events specific to the companies or markets, as well as economic, political or social events in the U.S. or abroad.
Long-term care insurance coverage contains benefits, exclusions, limitations, eligibility requirements and specific terms and conditions under which the insurance coverage may be continued in force or discontinued. Not all insurance policies and types of coverage may be available in your state.
This material should be regarded as educational information on healthcare and is not intended to provide specific advice. If you have questions regarding your particular situation, you should contact your legal and/or tax advisors.
The case studies presented are hypothetical and do not reflect specific strategies we may have developed for actual clients. They are for illustrative purposes only and intended to demonstrate the capabilities of Merrill and/or Bank of America. They are not intended to serve as investment advice since the availability and effectiveness of any strategy is dependent upon your individual facts and circumstances. Solutions presented are not appropriate for everyone. Results will vary, and no suggestion is made about how any specific solution or strategy performed in reality.