Podcasts about long term care insurance

Brian Gordon, President, Gordon Associates, joins John Williams to talk about long-term care insurance. Brian explains what long-term care insurance is, the most important thing to consider when looking into long-term care insurance, the best time to start a plan, what they look at when the devise a plan for you, how they work with financial advisors […]

Brian Gordon, President, Gordon Associates, joins John Williams to talk about long-term care insurance. Brian explains what long-term care insurance is, the most important thing to consider when looking into long-term care insurance, the best time to start a plan, what they look at when the devise a plan for you, how they work with financial advisors […]

EP 179: Coverage for Every Chapter: Life, Disability, and Long-Term Care Insurance”

Roger Loomis and Steve Schoonveld discuss the state of the Long-Term Care Insurance industry and the opportunities to modernize products and broaden coverage.

Joe currently is the owner of New Horizons Wealth Management, a husband, a father, and a coach. Helping as many middle-class families as possible is the goal for all his combined ventures, whether it be through advising traditional clients, producing podcasts, authoring books, or producing online resources. Graduating with honors from The College of New Jersey, he worked for New Horizons Wealth Management for over 15 years, working his way up from intern to Financial Adviser, before eventually purchasing the firm from his mentor and the firm's founder. His goal for the future is to help over 100,000 middle-class families make their lives more enjoyable by removing financial anxiety and uncertainty through financial education resources. Joe holds Series 7, 24, and 66 Securities Licenses as well as a CFP® and CFS® designation. He also has Life, Health, and Long-Term Care Insurance licenses. His wife, Lauren, was a teacher, and now works from home as a Lead Social Media Marketer, so as to be able to be there for their children. They reside in the Packanack Lake Community of Wayne, NJ. In his spare time, Joe enjoys traveling with the family, woodworking, home improvement projects, gardening, and serving as the Grounds Governor for Packanack Lake Community. https://www.linkedin.com/in/joseph-p-okaly-733b6b90/https://www.instagram.com/joseph.okaly/https://x.com/jpokaly Master of Your Crafts is a captivating podcast featuring conversations with individuals who have dedicated themselves to mastering their craft. Whether it's a gift, talent or skill that comes naturally to them, these individuals have taken ownership and honed their abilities to perfection. Through deep conversation, we delve into their inner dialogue, actions and life circumstances offering words of wisdom to empower and guide you on a journey to becoming the master of your own craft.For more information, visit our website https://masterofyourcrafts.com and Bright Shining Light Website: https://brightshininglight.comStay connected with us:- Facebook: https://www.facebook.com/masterofyourcrafts- Instagram: https://www.instagram.com/MasterOfYourCrafts/- Spotify: https://open.spotify.com/show/1M0vp9HoK7kkP1w4ij7PJd?si=7d383a92b93b4e2c- ApplePodcast: https://podcasts.apple.com/ca/podcast/master-of-your-crafts/id1512818795- Amazon Music: https://music.amazon.ca/podcasts/b15079de-bc6a-487c-b8f8-faca73d0f685/master-of-your-crafts- Google Play: https://podcasts.google.com/feed/aHR0...

This episode is relevant to you if...• You purchased long-term care insurance years ago and are now receiving notices about major premium increases.• You help your parents/grandparents manage healthcare and financial decisions, especially around long-term care.• You are a single person who wants to ensure you have a plan in place for long-term care without burdening family members.• You are a financial professional looking to increase your knowledge around long-term care planning and insurance so you can better serve your clients.

Segment 1: Danny Ecker, Commercial Real Estate Reporter, Crain's, joins Jon Hansen to talk about the high rate of office vacancy in the suburbs and what that means for the office real estate market in the future. Segment 2: Dr. Maureen Dunne, cognitive scientist and neurodiversity expert,, ‘The Neurodiversity Edge: The Essential Guide to Embracing […]

Hans and Robby are back again this week with a brand new episode! This week, they discuss long term care insurance with inflation-cost.  Don't forget to get your copy of “The Complete Cardinal Guide to Planning for and Living in Retirement” on Amazon or on CardinalGuide.com for free! You can contact Hans and Cardinal by emailing hans@cardinalguide.com or calling 919-535-8261. Learn more at CardinalGuide.com. Find us on YouTube: Cardinal Advisors.

You've paid long-term care insurance premiums for years. Now it is time to claim your benefits. What do you do first? Outreach Coordinator Dana Hentschel speaks with Paul Ellis with Helping Hearts about the first step to claim your long-term care insurance.

04-02-2025 Brian I. Gordon Learn more about the interview and get additional links here: https://usabusinessradio.com/you-dont-have-to-use-your-long-term-care-insurance-benefits-all-at-once/ Subscribe to the best of our content here: https://priceofbusiness.substack.com/ Subscribe to our YouTube channel here: https://www.youtube.com/channel/UCywgbHv7dpiBG2Qswr_ceEQ

Send us a textEver wondered about long-term care insurance options through your employer?

03-19-2025 Brian I. Gordon Learn more about the interview and get additional links here: https://usdailyreview.com/case-studies-when-are-you-ready-for-long-term-care-insurance-part-2-of-2/ Subscribe to the best of our content here: https://priceofbusiness.substack.com/ Subscribe to our YouTube channel here: https://www.youtube.com/channel/UCywgbHv7dpiBG2Qswr_ceEQ

Long-term care planning is a significant concern for individuals approaching retirement because it's an expense most people aren't prepared for. Trying to prepare for it with insurance isn't cheap, and people often ask us if it's worth it. In this episode of the Money Wisdom podcast, Jake Doser, CFP®, CPWA® and Nicholas J. Colantuono, CFP® tackle this pressing issue by answering a listener's question about long-term care insurance and the options available. Here's what we discuss in this episode: 0:00 – Today's question 1:39 – Reason it's expensive 3:39 – Long-term care options 6:48 – Where is long-term care on the priority list? 9:18 – Final thoughts   Our website: https://johnsonbrunetti.com/ Phone: 800-208-7233 Contact our team: https://johnsonbrunetti.com/contact-us/   Get your customized Money Map: https://johnsonbrunetti.com/your-money-map/#form Join us for our next financial workshop: https://johnsonbrunetti.com/financial-workshops/ Check out our other no-cost financial resources here: https://johnsonbrunetti.com/financial-resources/   Check us out on YouTube: https://bit.ly/3CcAzai

03-05-2025 Brian I. Gordon Learn more about the interview and get additional links here: https://thedailyblaze.com/case-studies-when-are-you-ready-for-long-term-care-insurance-part-1-of-2/ Subscribe to the best of our content here: https://priceofbusiness.substack.com/ Subscribe to our YouTube channel here: https://www.youtube.com/channel/UCywgbHv7dpiBG2Qswr_ceEQ

Send us a textThe wave of long-term care insurance claims is rapidly approaching, and home care agencies need to be prepared. With nearly 4 million policies written between 1995-2005, we're entering a period where these policyholders—now in their peak claim years of 80-85—are seeking home care services in record numbers.Bill Comfort, with over three decades of experience in long-term care insurance, walks us through the critical steps agencies must take to successfully work with these valuable clients. First and foremost is understanding whether your agency qualifies as an eligible provider under various policy definitions. While many policies use the term "home health care" generically, the actual definitions vary widely. Most policies specify providers must be "licensed by the state if licensure is required"—a crucial distinction for agencies in non-licensure states.Documentation emerges as perhaps the most critical factor in successful claims management. Agencies must carefully document whether assistance with Activities of Daily Living (ADLs) is hands-on or standby—a distinction that can determine claim approval or denial. The caregiving notes must consistently reflect assistance with at least two of the six ADLs (bathing, dressing, transferring, toileting, eating, and continence) for clients to maintain benefit eligibility.Payment structures present another consideration, with Bill strongly recommending against accepting assignment of benefits until claims are fully established. This protects agencies from financial exposure when claims are delayed or denied. Instead, establish procedures to help clients submit claims while maintaining your direct billing relationship.Building referral partnerships with financial advisors and insurance agents offers tremendous growth potential. Organizations like NAIFA and FPA provide perfect networking opportunities where agencies can position themselves as knowledgeable resources. By demonstrating expertise in navigating long-term care insurance claims, your agency can attract both insurance-funded and private-pay clients.Ready to position your agency as an expert in long-term care insurance claims? Learn more about obtaining the Long-Term Care Claims Professional certification to demonstrate your expertise and grow this valuable revenue stream.Continuum Mastery Circle IntroVisit our website at https://asnhomecaremarketing.comGet Your 11 Free Home Care Marketing Guides: https://bit.ly/homecarerev

Hans and Robby are back again this week with a brand new episode! This week, they discuss long term care insurance.  Don't forget to get your copy of “The Complete Cardinal Guide to Planning for and Living in Retirement” on Amazon or on CardinalGuide.com for free! You can contact Hans and Cardinal by emailing hans@cardinalguide.com or calling 919-535-8261. Learn more at CardinalGuide.com. Find us on YouTube: Cardinal Advisors.

Brian Gordon, President, Gordon Associates, talks to John about long-term care insurance, when people should start thinking about long-term care insurance, the benefits of buying the insurance when you are younger, who the policies are typically for, what policies normally pay, the expenses and average premiums for long-term care insurance, and what triggers the benefit. […]

Brian Gordon, President, Gordon Associates, talks to John about long-term care insurance, when people should start thinking about long-term care insurance, the benefits of buying the insurance when you are younger, who the policies are typically for, what policies normally pay, the expenses and average premiums for long-term care insurance, and what triggers the benefit. […]

Brian Gordon, President, Gordon Associates, talks to John about long-term care insurance, when people should start thinking about long-term care insurance, the benefits of buying the insurance when you are younger, who the policies are typically for, what policies normally pay, the expenses and average premiums for long-term care insurance, and what triggers the benefit. […]

Segment 1: Sarah Foster, Economic Analyst, Bankrate, joins John in-studio to talk about Fed policy and what we can expect from interest rate cuts, why the inflation target is still at 2%, and why high prices are still a problem. Segment 2: Bree Fowler, Senior Writer, CNET, joins John Williams to talk about Gov. JB Pritzker joining the […]

Camas resident Anna Miller exposes the hidden realities of long-term care insurance, from rising premiums to limited payout options. Read her full letter at https://www.clarkcountytoday.com/opinion/letter-thinking-about-purchasing-long-term-care-insurance/ #LongTermCareInsurance #InsurancePremiums #FinancialPlanning #RetirementPlanning #LocalNews #ClarkCountyWa

Are you struggling to navigate the complicated process of filing a long-term care insurance claim for a loved one with dementia? Feeling lost in the fine print while trying to secure the care they desperately need?Trying to access insurance benefits can be overwhelming—especially when you're juggling work, family, and caregiving responsibilities.Long-term care insurance policies are complex legal contracts, and one mistake in the claims process can mean a costly denial. But understanding how to build a strong case can ensure that your loved one gets the care they deserve.In this episode, you will:1) Discover the critical details hidden in long-term care insurance policies that determine eligibility and coverage.2) Learn how to properly document your loved one's care needs to meet insurance company requirements and avoid frustrating claim denials.3) Understand the elimination period, why it's the #1 reason for delayed claims, and how to navigate it efficiently.Don't let fine print stand in the way of your loved one's care—hit play now and learn how to successfully file a long-term care insurance claim without the stress and confusion!CONTACT DETAILS“For help with filing a long-term care insurance claim, contact Patrick at info@KeystoneElderLaw.com. If you are interested in buying long-term care insurance, find Bill Comfort at https://www.comfortltc.com/

Brian Gordon, President of Gordon Associates Long Term Planning Experts, joins Jon Hansen on Your Money Matters to discuss long-term care insurance. Brian shares the importance of having a plan and his process for helping clients. For more information, call 800-533-6242 or visit galtci.com.

Hans and Robby are back again this week with a brand new episode! This week they discuss purchasing long term care insurance with IRA money.  Don't forget to get your copy of “The Complete Cardinal Guide to Planning for and Living in Retirement” on Amazon or on CardinalGuide.com for free! You can contact Hans and Cardinal by emailing hans@cardinalguide.com or calling 919-535-8261. Learn more at CardinalGuide.com. Find us on YouTube: Cardinal Advisors.

Financial Planning for Couples and Women, with Kathy Healy, Healy Wealth Management (North Fulton Business Radio, Episode 831) In this episode of North Fulton Business Radio, host John Ray chats with Kathy Healy from Healy Wealth Management. Kathy shares insights from her over two-decade-long experience in wealth management, discussing topics like budgeting, investment strategies, the importance […] The post Financial Planning for Couples and Women, with Kathy Healy, Healy Wealth Management appeared first on Business RadioX ®.

#ThisMorning on #BRN #Finance #1935 | What You Need to Know When Buying Long Term Care Insurance | Phillip Snyder, CLU, The Warner Companies | #Tunein: broadcastretirementnetwork.com #Aging, #Finance, #Lifestyle, #Privacy, #Retirement, #Wellness and #More - #Everyday | #Subscribe with #DiscountCode ‘BRN20'

Do you have a long-term care policy? Have you had trouble claiming it? Elder Care Coordinator Debra King speaks with Brayden Winters, Communications Director for Family Solutions for Care about paying for long-term care.

Hans and Robby are back again this week with a brand new episode! This week they discuss hybrid life/long term care insurance From IRA money.  Don't forget to get your copy of “The Complete Cardinal Guide to Planning for and Living in Retirement” on Amazon or on CardinalGuide.com for free! You can contact Hans and Cardinal by emailing hans@cardinalguide.com or calling 919-535-8261. Learn more at CardinalGuide.com. Find us on YouTube: Cardinal Advisors.

In this episode on the Living with Alzheimer's podcast, Christoph interviews Matt McCann, Chief Operations Officer and Master Trainer at McCann Insurance Services, focused on customizing long-term health care insurance plans.Christoph and Matt discuss what long-term care insurance is and how it can be structured to cover the long-term care needs both at home or in a senior living community. They also discuss how people can determine whether long-term care insurance is a good fit for them, what options should be considered, and the age or health status people should typically speak with a specialist about purchasing a plan.Matt shares some resources for people to start their research, including LTCnews.com, a website dedicated to helping people learn more about long-term care insurance and to find long-term care insurance specialists who serve your area.For more information, you can visit The American Association for Long Term Care Insurance at aaltci.org, LTC News at LTCnews.com, or you can contact Matt at the McCann Insurance Services website or by calling 866.751.7957.

Are you prepared for the unexpected twists and turns of life? In this episode of The Federal Retirement Show, Val tackles the often-overlooked topic of Long-Term Care Insurance, the importance of proper estate planning and retirement savings strategies. Listen to Previous Episodes: https://federalretirementshow.com/podcasts/ Subscribe to the show's YouTube channel:www.youtube.com/@americanbenefitsexchange Connect with Val:Phone  (512) 582-6050Email vmajewski@thinkabx.comAmerican Benefits Exchange: thinkabx.comFederal Retirement Show: federalretirementshow.com/podcastsLinkedIn: https://www.linkedin.com/company/american-benefits-exchange/ About American Benefits Exchange:American Benefits Exchange focuses on providing solid financial solutions to Federal, postal, and state employees as well as members of the United States Armed Forces and small businesses. American Benefits Exchange brings years of experience and knowledge to support these niche markets. American Benefits Exchange, along with its provider companies, truly understands the needs of civil service employees. A portfolio of products is available to address important financial issues such as planning for retirement, FEGLI Option B replacement, Thrift Savings Plan Rollovers, and Pension Maximization.See omnystudio.com/listener for privacy information.

In this episode of Healthcare Happy Hour, host David Saltzman speaks with NABIP Long-Term Care Working Group Chair Lori Martin and Steve Cain, director at LTCI Partners, about the current state of long-term care insurance. They discuss the resurgence of the market, driven by demographic shifts and state initiatives like the Washington CARES Fund. The conversation highlights the importance of worksite benefits, the variety of products available, and the role of NABIP in advocating for long-term care solutions. The episode emphasizes the need for education and awareness among employers and benefit professionals regarding long-term care planning.

Buying a home vs renting is a tougher decision these days, with several factors and new considerations to keep in mind. Also in this episode, since the long term care insurance industry is broken and financially prohibitive in its present collapsed state, how do you prepare for the assistance you may need in old age? Renting Vs Buying A Home: Segment 1 Ask Clark: Segment 2 Long Term Care: Segment 3 Ask Clark: Segment 4 Mentioned on the show: Best Online Banks: Free Checking and High-Interest Savings Accounts Are You Actually Earning Cash Back on Groceries With Your Credit Card? Capital One Shakes Up Its 'Savor' Line of Credit Cards They Bought Insurance for Security in Old Age. They Got a Financial Nightmare Instead How Do You Prepare for the Likelihood of Long-Term Care Costs? Living Will and Durable Power of Attorney: Frequently Asked Questions CarMax vs. Carvana: A First-Hand Experience Selling a Car in 2024 What's the Cheapest Way To Replace a Lost Vehicle Key Fob? 3 Ways To Get a Free VIN Check Before Buying a Used Car Clark.com resources Episode transcripts Community.Clark.com Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Bad news for federal employees looking to apply for long term care insurance, you'll have to wait at least another couple of years. The Office of Personnel Management is barring new enrollments in its insurance program through at least 2026. That announcement comes after current program enrollees saw a sharp premium hike this year. Federal News Network's Drew Friedman joins me with more.  Learn more about your ad choices. Visit podcastchoices.com/adchoicesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Bad news for federal employees looking to apply for long term care insurance, you'll have to wait at least another couple of years. The Office of Personnel Management is barring new enrollments in its insurance program through at least 2026. That announcement comes after current program enrollees saw a sharp premium hike this year. Federal News Network's Drew Friedman joins me with more.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Today's Guest Kelly is the co-founder of Steadfast Insurance, along with her husband, Adam. They're an independent insurance agency in Westerville, OH. Kelly is a Certified Long-Term Care (LTC) Insurance Specialist working nationwide to help clients and financial advisors plan ahead for LTC. Her goal is to reduce the physical, emotional, and financial consequences that come from a loved one needing long-term care. She does this by having “planning for care conversations” and then funding that plan with LTC insurance. Kelly is passionate about planning for care because life is unexpected; she knows this from personal experience.  There have been multiple instances in her family where loved ones needed care and there was no plan and no insurance ... it was devastating! She LOVES helping families and businesses put meaningful protection in place to protect the people and possessions most important to them. Kelly was recently named a HOT 100 insurance professional by Insurance Business. She's an instructor for the CLTC program teaching advisors how to talk to their clients about LTC. She's on the board of the Central Ohio Elder Care Planning Council, founded the Senior Resource Group, and is on Westerville's Chamber for Women in Business committee. Kelly and Adam have two active children, ages 11 and 9, and a big doodle named Eddie. They enjoy playing tennis, renovating their historic home, participating in church and community activities, and enjoying the outdoors. Connect with Kelly https://www.steadfastagents.com/ https://steadfastcareplanning.buzzsprout.com/ About Dr. Raj Dr Raj is a quadruple board certified physician and associate professor at the University of Southern California. He was a co-host on the TNT series Chasing the Cure with Ann Curry, a regular on the TV Show The Doctors for the past 7 seasons and has a weekly medical segment on ABC news Los Angeles. More from Dr. Raj www.BeyondThePearls.net The Dr. Raj Podcast Dr. Raj on Twitter Dr. Raj on Instagram Want more board review content? USMLE Step 1 Ad-Free Bundle Crush Step 1 Step 2 Secrets Beyond the Pearls The Dr. Raj Podcast Beyond the Pearls Premium USMLE Step 3 Review MedPrepTGo Step 1 Questions Learn more about your ad choices. Visit megaphone.fm/adchoices

Christine Benz, Morningstar's director of personal finance and retirement planning, interviews financial experts about different aspects of retirement in ‘How to Retire,' the companion podcast to her book of the same name. In this episode, Christine talks with author and researcher Howard Gleckman about long-term care.  How Long-Term Care Differs from Conventional HealthcareWhy Americans Need More Long-Term Care Than Ever BeforeLong-Term Care Isn't Just in Nursing HomesDoes Medicare Cover Long-Term Care Costs?Who Should Consider Long-Term Care Insurance?The Financial Implications of Continuing Care Retirement CommunitiesHoward Gleckman's Experience with Long-Term Care Key Takeaways Hi, I'm Christine Benz from Morningstar and welcome to the How to Retire podcast. It's a companion to my book, which is also called How to Retire. Each episode will provide a bite-sized lesson about how to do some aspect of retirement well.If you read my work regularly, you know that I'm a little bit obsessed with the topic of long-term care, not just how to pay for it, but also all of the other dimensions of it, like the impact on families. To help discuss that topic, I reached out to Howard Gleckman. He is the author of a book called Caring for Our Parents, and he is also a Senior Fellow at the Urban Institute, where he is affiliated with the Tax Policy Center and the Program on Retirement Policy. He also writes a great blog for Forbes. I asked him to discuss the basics of long-term care, as well as the financial ramifications and implications for caregivers. More from Howard GleckmanBioForbes ColumnUrban InstituteTaxVox blogCaring For Our Parents, by Howard GleckmanHoward Gleckman on The Long View: ‘We Pretend This Isn't a Problem' Read more from Christine Benz.How to Retire: Tips for Entering RetirementThe Hidden Crisis in Long-Term CareHow Likely Are You to Need Long-Term Care?6 Steps for Smart Long-Term-Care PlanningWorried About Long-Term Care Expenses? Let's Do Something About It. Watch more from How to Retire.How to Retire: Prioritize Tax Planning in RetirementHow to Retire: Transition from Saving to SpendingHow to Retire: Consider a Retirement Bucket Portfolio StrategyHow to Retire: Know What ‘Enough' Means in RetirementHow to Retire: Understand the Role of Working LongerHow to Retire: Stay Flexible with Your Retirement Spending  Read what our team is writing:Christine Benz Follow Christine Benz on social media.X: https://x.com/christine_benzLinkedIn: https://www.linkedin.com/in/christine-benz-b83b523

Please enjoy this podcast episode, Be Aware, Prepared and Proactive With your Health and Long-Term Care Insurance,  hosted by Anne McGuire and Victoria Bieler of Healthcare Pathfinder. As Financial Advisors, we often witness clients transitioning through various stages of health insurance and care needs. However, choosing the right plan, enrolling, and understanding coverage can be challenging for many. In this episode, Anne and Victoria provided tips on understanding your insurance, planning for unforeseen events, and proactively managing the care and coverage you receive.   Anne McGuire is the founder and owner of Healthcare Pathfinder, LLC, a health and Long-Term Care Advice, Advocacy, and Management Firm and has been helping individuals, families, and employees manage their health insurance for over 20 years. She is a Registered Nurse and a Certified Case Manager with a broad, multi-disciplined background in the healthcare arena, including EMS, intensive care, home care, managed care, and appeals/negotiation advocacy.   Victoria Bieler joined Healthcare Pathfinder, bringing her experience in the healthcare and Medicare sectors. She also has over 30 years of experience in the finance industry and holds a BS in Finance and Economics.           General Disclaimer: Lexington Wealth Management is a group of investment professionals registered with HighTower Securities, LLC, member FINRA and SIPC, and with HighTower Advisors, LLC, a registered investment advisor with the SEC. Securities are offered through HighTower Securities, LLC; advisory services are offered through HighTower Advisors, LLC. This is not an offer to buy or sell securities. No investment process is free of risk, and there is no guarantee that the investment process or the investment opportunities referenced herein will be profitable. Past performance is not indicative of current or future performance and is not a guarantee. The investment opportunities referenced herein may not be suitable for all investors. All data and information reference herein are from sources believed to be reliable. Any opinions, news, research, analyses, prices, or other information contained in this research is provided as general market commentary, it does not constitute investment advice. Lexington Wealth Management and HighTower shall not in any way be liable for claims, and make no expressed or implied representations or warranties as to the accuracy or completeness of the data and other information, or for statements or errors contained in or omissions from the obtained data and information referenced herein. The data and information are provided as of the date referenced. Such data and information are subject to change without notice. This document was created for informational purposes only; the opinions expressed are solely those of Lexington Wealth Management and do not represent those of HighTower Advisors, LLC, or any of its affiliates.

Statistics show that one member of each retired couple will need some sort of end of life care, and your standard health coverage may fall short of those needs. Donna and Nathan discuss the mechanics of long term care insurance policies, and how to determine what kind of policy may be right for you. Also on MoneyTalk, the challenges of retiring in a down market, and Stock Trivia: Two Truths and a Lie. Hosts: Donna Sowa Allard, CFP®, AIF® & Nathan Beauvais, CFP®, CIMA®; Air Date: 10/17/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for privacy information.

Summary In this episode, Kristen Burke and I discuss the complexities of long-term care insurance and its importance for individuals and families. We explore how complicated Medicare can be and that it does not pay for Assisted Living! There has been an evolution of long-term care insurance policies, and the various options available for coverage. Kristen emphasizes the need for family involvement in planning and understanding insurance policies, as well as the financial implications of long-term care. The conversation highlights the significance of being prepared for future care needs and the peace of mind that comes with having the right insurance in place. Takeaways Long-term care insurance is essential for financial planning. Medicare changes impact insurance decisions significantly. Medicare does not pay for Assisted Living and Nursing Home Care Understanding the evolution of long-term care insurance is crucial. Designing a policy requires consideration of various factors. Family involvement in long-term care planning is key. Long-term care insurance can cover both informal and formal caregivers. It's important to know the waiting periods for benefits to kick in. Having a plan in place alleviates stress for family members. You can have multiple insurance policies for better coverage. Long-term care insurance provides peace of mind for caregivers. Chapters 00:00 Understanding Long-Term Care Insurance 04:49 Navigating Annual Medicare Changes 09:55 The Evolution of Long-Term Care Insurance 15:06 Designing a Long-Term Care Policy 19:52 Activating Long-Term Care Insurance 25:06 Family Involvement in Long-Term Care Planning 29:52 Final Thoughts on Long-Term Care Insurance Connect with Kristen: ⁠www.misomaha.com

Have you ever considered how long-term care insurance could protect your family from financial stress? For many caregivers of loved ones with dementia, it's a topic often overlooked—until it's too late. In Episode 177, we explore this crucial yet under-discussed topic: long-term care insurance. Whether you're caring for a parent with dementia or considering your own future needs, this episode offers a clear guide on why planning ahead is essential for every caregiver. Our guest Luke Mangum from https://southcarolina.massmutual.com, is a married guy with kids, who loves being around friends and meeting new people. He's passionate about helping others simplify their finances and make smart money decisions. Always curious and eager to learn, Luke enjoys picking up new skills. When he's not busy with work, you'll find him hiking or exploring the outdoors, soaking in nature. His friendly, down-to-earth attitude makes him great at what he does and fun to be around.   Ever Wonder How To Know What Is Causing Your Caregiver Stress? Take Our FREE Caregiver Stress Assessment Today! https://www.thinkdifferentdementia.com/quiz   Join the Christian Dementia Caregiving Facebook Group today for more support:  https://www.facebook.com/groups/1301886810018410   Are You A Christian Dementia Caregiver Struggling To Cope With Caregiving? Join the FREE "Ask the Dementia Coach" Monthly Meet Up! And be on the podcast, get support and your questions answered.  https://thinkdifferentdementia.com/ask   Register For Your Personalized Dementia Care Audit Get Individual Guidance & Support! Only One Available Per Month. Be a Co-Creator of the podcast and get a customized audit of your caregiving journey.  https://www.thinkdifferentdementia.com/audit   Enjoy our podcast? Please take a moment to leave us a review on Apple Podcasts and Spotify —it really supports our show! https://podcasts.apple.com/us/podcast/dementia-caregiving-for-families/id1716187550  

Your 60-second money minute. Today's topic: Long Term Care Insurance Truths

In this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss long-term care planning and the complexities involved in making decisions regarding long-term care insurance. They outline why it's crucial to think about your future care options and why understanding the different types of policies available today is more important than ever. This episode sets the stage for the next two episodes, which will dive deeper into each of these options.Listen in to learn about the changes in long-term care insurance over the past 20 years and why traditional policies are becoming less common. Discover alternative long-term care solutions, such as hybrid policies that combine life insurance or annuities with long-term care benefits, and understand the pros and cons of each approach. This episode provides a high-level overview to prepare you for more detailed discussions in future episodes.In this episode, find out:· The issues with traditional long-term care insurance policies.· How hybrid policies involving life insurance and annuities can help with long-term care.· The pros and cons of long-term care insurance options.· The role of underwriting in long-term care policies.· How to evaluate whether to self-insure or buy long-term care insurance.Tweetable Quotes:· “Long-term care planning isn't fun to talk about, but it's essential if you want to secure your future.” — Radon Stancil· “There are alternatives to traditional long-term care insurance, and it's all about finding the best fit for your needs.” — Murs TariqResources:If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement!To access the course, simply visit POMWealth.net/podcast.

Long-Term Care #Insurance can be both confusing and costly. In this episode of  #MoneyGuidewithMarySterk, we will eliminate the complexity. Listen as we explain in simple terms how typical policies work, and how to compare pros and cons of different types of #coverage.#longtermcare #assets #hybrid #budget #moneymanagement #bills #beneficiary #benefits #indemnity #nursinghome #grandparents #moneyinaminute #forbes #financialplanner #investing #wealthmanagement #estateplanning #financialadvisor #retirementplanning #sterkfinancialservicesFeat Mary Sterk & Kelsey BankeySubscribe to the “Money Guide with Mary Sterk” podcast on Apple Podcasts. Schedule an appointment with one of our advisors today!Follow us on FacebookFollow us on LinkedinSubscribe on YoutubeFollow us on Twitter

How do the taxes actually work on a non-Roth IRA? Should you prioritize Long-Term Care Insurance or Disability Insurance? If you're like our listeners, these questions may be on your mind too. Send your financial planning questions to checkyourbalances@outlook.com to be featured on upcoming episodes!You can also find us @checkyourbalances on InstagramThis episode is on YouTube: https://youtu.be/vXb4sU4R1lM

Discover the unexpected truth about insurance and the life-changing impact it can have. Dive into the real stories that reveal the surprising ways insurance can provide peace of mind and financial security. From travel insurance saving a family from a staggering medical bill to the overlooked power of auto and home insurance, there's so much more to this vital safety net than meets the eye. Get ready to be enlightened and empowered as we uncover the untold value of insurance in everyday life. Stay tuned for a deep dive into the unexpected benefits that insurance can bring to your life and the lives of those you care about. In this episode, you will be able to: Understand the importance of travel insurance coverage and how it can safeguard your financial security during unexpected events abroad. Discover the benefits of life insurance for singles and how it can provide peace of mind and financial protection in unforeseen circumstances. Learn about proactive financial planning for critical illness and how it can help you prepare for unexpected health challenges without compromising your financial stability. Gain insight into long term care insurance and how it offers a proactive approach to managing potential future care needs and protects your assets. Explore strategies for maximizing long term disability benefits to ensure financial security during periods of inability to work. The key moments in this episode are: 00:00:02 - Celebrating 200th Episode of Give a Heck 00:03:00 - Importance of Life Insurance 00:06:48 - Significance of Travel Insurance 00:10:41 - Misconceptions about Travel Insurance 00:15:57 - The Power of Travel Insurance 00:16:57 - Importance of Travel Insurance 00:20:55 - The Value of Life Insurance 00:22:05 - Importance of Home and Auto Insurance 00:25:31 - Addressing the Need for Comprehensive Coverage 00:28:27 - Importance of Will and Trusts 00:32:11 - The Power of Critical Illness Insurance 00:34:13 - The Significance of Long Term Care Insurance 00:37:43 - Understanding Long Term Disability Insurance 00:42:40 - Importance of Travel Insurance  Connect with Dwight Heck! Website: https://giveaheck.com (Free Book Offer) Instagram: https://www.instagram.com/give.a.heck Facebook: https://www.facebook.com/dwight.heck Facebook Group: https://www.facebook.com/groups/Giveaheck YouTube: https://www.youtube.com/@giveaheck LinkedIn:https://www.linkedin.com/in/dwight-raymond-heck-65a90150/ TikTok:https://www.tiktok.com/@giveaheck

Listener Q&A where Andy talks about: Whether or not it's okay to have a mortgage or rent in retirement ( 1:56 )Medicare Part B coinsurance of 20% and whether Medigap/Supplemental policies are worth it ( 8:50 )How much money is TOO MUCH money to have in a Health Savings Account ( 13:50 )If I've changed any of my views or processes around retirement planning as a result having chatted with multiple "real people" and other retirement planners in this podcast ( 24:57 )How advisors can help improve the perception of the industry and how consumers can help try to better vet their potential advisor ( 28:58 )How much net worth is enough to consider not having long term care insurance or life insurance ( 43:52 )Links in this episode:FINRA's BrokerCheck - hereMy company newsletter - Retirement Planning InsightsFacebook group - Retirement Planning Education (formerly Taxes in Retirement)YouTube channel - Retirement Planning Education (formerly Retirement Planning Demystified)Retirement Planning Education website - www.RetirementPlanningEducation.com

Detailed mathematical explination of the costs for Long Term Care Insurance.Church MoneyMedical insurance rantSolar Panel update

In this episode of REJUVENAGING with Dr. Ron Kaiser we dive deep into the world of long-term care insurance with expert Matt McCann, Matt demystifies long-term care insurance, distinguishing it from other insurance types and emphasizing its critical role in retirement planning and asset protection. Throughout the episode, he shares invaluable insights on why long-term care insurance is a must-have, not just for the elderly but for anyone looking to secure their future against unexpected health challenges.Matt breaks down the misconceptions surrounding long-term care, highlighting that it's not just about nursing home coverage but encompasses a wide range of services aimed at assisting individuals with daily activities and health issues stemming from chronic illnesses, accidents, or the aging process. He explains the pitfalls of relying solely on traditional health insurance or Medicare for long-term care needs and outlines the benefits and comprehensive coverage offered by long-term care insurance policies.Listeners will gain practical advice on the best time to purchase long-term care insurance, how to navigate policy adjustments in response to rate increases, and the importance of planning ahead to alleviate potential burdens on family members. Matt also touches on the evolution of long-term care insurance, including the development of newer, more stable products designed to offer peace of mind to policyholders.With a mix of personal anecdotes, professional expertise, and a touch of humor, Matt makes a compelling case for considering long-term care insurance as a pivotal component of holistic retirement planning. Matt McCann's conversation with Dr. Ron is not only informative but also a call to action for individuals to proactively address a significant yet often overlooked need.Resources:https://mccannltc.net https://www.radioltc.comhttps://www.ltcnews.com https://longtermcare.gov https://www.linkedin.com/company/mccann-insurance-services/https://www.facebook.com/matt.mccann.longtermcare/ https://twitter.com/mccannltcFor more info on Dr. Ron:https://www.drronkaiser.com/ Hosted on Acast. See acast.com/privacy for more information.

After the economic turmoil of the past 15 years, many workers struggle financially which affects their well-being and productivity. Clark discusses how employers are addressing this. Also, a huge financial drain on so many, long-term care, is becoming increasingly tougher to insure.  Small Business Retirement Plans: Segment 1 Ask Clark: Segment 2 Long-Term Care Insurance: Segment 3 Ask Clark: Segment 4 Mentioned on the show: Workplace Financial Coaching Has Become Ever More Important Retirement Plans Startup Costs Tax Credit Small Business Retirement Plan Options Fidelity Rewards Credit Card Review: Invest with 2% Cash Back Should You Ever Take a Loan From Your 401(k)? How Mileage Brokers Ruin Miles & Points For Everyone NYTimes: Difficult Choices for Some Long-Term Care Policyholders ‘Financial Ruin Is Baked Into the System': Readers on the Costs of Long-Term Care   What Is Long-Term Care Insurance Cost & Coverage What Are the Pros and Cons of the Costco Car Buying Program? The Best Car-Buying Services in 2024 Clark.com resources Episode transcripts Community.Clark.com Clark.com daily money newsletter Consumer Action Center Free Helpline: 636-492-5275 Learn more about your ad choices: megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode: caregiving and FI, retirement planning, reverse mortgages, long-term care, and long-term care insurance. This week we are joined by Danielle Miura to discuss how her experience as a caregiver has impacted her FI mindset, as well as answer listener questions pertaining to planning for your own long-term care while on the path to FI. As you and your loved ones get older, it's important to start considering what additional finances they may require. From long-term healthcare to assisted living, there are many factors that not only impact their life financially, but could impact you and your FI plans. While it may be uncomfortable to have conversations with loved ones about their finances and expenses, it is imperative to have these discussions early and create a plan that works for you and your family. Danielle Miura: Website: spark-fin.com LinkedIn: Danielle Miura Twitter: @Daniellemiula Timestamps: 1:19 – Introduction 2:22 – Caregiving and FI 7:28 – Dealing With Poor Retirement Planning 15:38 – Reverse Mortgages and Viability of Selling The Home 21:41 – Having The Uncomfortable Conversation 24:40 – Planning For Your Final Years 32:41 – Long-Term Care and FI 36:10 – Long Term Care Insurance 45:30 – Conclusion Resources Mentioned In Today's Episode: Subscribe to The FI Weekly! More Helpful Links and FI Resources: Top 10 Recommended Travel Rewards Credit Cards Empower: Free Dashboard to Track Your Finances CIT Bank Platinum Savings Account M1 Finance: Commission-Free Investing, 1-click rebalancing CashFreely: Maximize Your Cash Back Rewards Travel Freely: Track all your rewards cards and points Emergency Binder: For Your Family's Essential Info (code ‘CHOOSEFI' for 20% off) Student Loan Planner: Custom Consult (with $100 Discount)