Are You Prepared For Long Term Care? | Long Term Care 101

Here is the link to mess with the Long Term Care cost calculator:https://partner.buddyins.com/retirementnerdsMarc Glickman is the CEO of Buddy Ins and helps people all over the country plan for the four major long term care questions:1. Where will I receive care?2. Who will provide the care?3. How much will it cost?4. How will I pay for it?Other Resources:Free Retirement Nerds Newsletter: https://theretirementnerds.com/newsletter/Services:MedicareSocial Security PlanningFinancial PlanningInvestment ManagementEstate Planning (Wills & Trusts)Long Term Care PlanningContact us if you need help with any of these topics: https://theretirementnerds.com/contact-us/Connect: LinkedIn: https://www.linkedin.com/in/eriksoderborg/TikTok: https://www.tiktok.com/@retirementnerds#medicare #longtermcare #longtermcareinsurance #retirementnerds #eriksoderborg #buddyins #marcglickman #retirement #retirementplanning⏰ TIME CODES ⏰0:00 Introduction1:26 What is Long Term Care3:30 Where do people get LTC4:48 Who provides the care6:52 Erik's Mom Story8:10 Costs11:30 Funding Alternatives - Medicaid13:03 Role of the family15:58 What to plan around?17:55 When to address LTC19:01 Playing with Cost Estimates26:37 Who Doesn't Need LTC28:52 Employer LTC Options32:25 How LTC has changed34:07 How to actually use the policy35:25 Where to get helpFederal Disclaimer:We do not offer every plan available in your area. Any information we provide is limited to those plans we do offer in your area. Please contact Medicare.gov or 1-800-MEDICARE to get information on all your options.