Ep. 30 Pre-Retiree Education Series 3 of 5: Is Long Term Care Insurance Something You Should Consider?

Send us Fan MailMadison and Mike consider the significance of long-term care insurance in retirement planning, discussing its role in covering costs for individuals needing assistance due to aging, disability, or illness. They also address the complexities and challenges of long-term care insurance, including policy considerations and potential limitations, and highlighted the value of a personal assessment and the role of a financial advisor. Lastly, for those who wish to look into  Long-Term Care insurance, they suggest the need for customizing policies to individual circumstances and recommended starting the search for such policies in your late fifties or early sixties. The next episode focuses on understanding Medicare basics.