Ep # 50: Is Long-Term Care Right For Your Retirement Plan?

Most people that want to transfer the risk of long-term care, were people who experienced needing to care for their own aging parents. They don’t want to become a burden on their kids. For everyone else that hasn’t experienced the need for care, we hope this podcast helps sets the stage for what long-term care is, how we plan for it, and what your options are.[2:13] Recognizing the things that could get in the way of a successful retirement[3:15] What is long-term care?[5:36] Does Medicare or traditional health insurance cover long-term care?[7:50] How do we help people decide if long-term care is appropriate?[8:42] Long-Term Care insurance[11:11] Hybrid insurance policies[13:21] If not insurance, then what?[16:07] What about Medicaid?[18:58] Consolidating insurance policies[19:46] Ideas for funding insurance policiesTracking # 1-05193682Thanks for listening!If you want to be notified when the next episode will be released, you can:Subscribe to the ShowFor more insights on everyday financial planning questions,  go to www.haasfinancialgroup.comContact Us:Email us at [email protected] advice offered through Great Valley Advisor Group, a Registered Investment Advisor. Great Valley Advisor Group and Haas Financial Group are separate entities. This is not intended to be used as tax or legal advice. Please consult a tax or legal professional for specific information and advice.