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Sheilla

Total questions: 19

Worksheet time: 9mins

Name
Class
Date
1.

What country was Sheilla born in?

a)

US

b)

Philippines

c)

Mexico

d)

Singapore

2.

What year did Sheilla move to the US?

a)

1990

b)

1999

c)

2000

d)

2001

3.

What profession was Sheilla in when before she started her business?

a)

Nurse

b)

Occupational Therapist

c)

Fitness Trainer

d)

Physical Therapist

4.

What year did Sheilla start in her business?

a)

2010

b)

2015

c)

2018

d)

2019

5.

What problems does Sheilla solve?

a)

Running out of money during retirement

b)

Long term care expenses

c)

Business exit plan

d)

All of the above

6.

How old is the oldest living person in the world?

a)

115 years old

b)

117 years old

c)

118 years ols

d)

120 years old

7.

What is the current life expectancy for a 65 year old woman?

a)

83 years

b)

84 years

c)

85 years

d)

87 years

8.

What percentage of American adults own life insurance?

a)

47%

b)

59%

c)

65%

d)

None of the above

9.

What age is the oldest person Sheilla can help?

a)

75 years old

b)

80 years old

c)

85 years old

d)

90 years old

10.

Which of the following cost the least per month?

a)

1 cup of coffee every working day

b)

Cell phone bill

c)

250,000 20 year term policy for a 40 yr old

d)

Eating out 2-3 times a week

11.

In the US, how much % of bankruptcies is due to medical reasons?

a)

43 %

b)

52 %

c)

66 %

d)

73 %

12.

Living benefits can help pay for...

a)

Medical bills

b)

House payments

c)

Groceries

d)

All of the above

13.

Which illnesses are included in living benefits?

a)

cancer

b)

dementia

c)

stroke

d)

all of the above

14.

How often is cancer diagnosed?

a)

Every 60 seconds

b)

Every 30 seconds

c)

Every 20 seconds

d)

Every 15 seconds

15.

____________ people has dementia.

a)

1 in 20

b)

1 in 10

c)

1 in 9

d)

1 in 5

16.

True or False: Medicare pays for long term care services in a nursing home indefinitely.

(a)  

17.

True or False:

About 71% of long term care hours are provided in the home by family.

(a)  

18.

True or False:

If I own at least $150,000 in assets I do not need to buy long term care coverage.

(a)  

19.

To maintain their standard of living in retirement, the average working American needs to replace _____ of their pre-retirement income.

a)

65 %

b)

77 %

c)

85 %

d)

90 %