How Your FIRE Plan Should Model Long-Term Care Costs

Most FIRE plans assume you'll stay healthy until you die. But long-term care is the single largest unmodeled expense in early retirement projections. Lucas breaks down the numbers: a 55-year-old couple retiring today faces a roughly 70% chance that at least one partner will need some form of long-term care, with median costs running $60,000 to $100,000 per year. He explains why traditional LTC insurance may not fit FIRE budgets, how self-funding changes your safe withdrawal rate, and why a hybrid policy combining life insurance with LTC benefits could be the most cost-effective hedge. Luna pushes back on whether it's worth sacrificing lifestyle for a low-probability worst case, and they debate the 'good enough' threshold for planning. No scare tactics, just the math that every FIRE household should run before committing to a drawdown strategy. #LongTermCare #FIRE #EarlyRetirement #RetirementPlanning #HealthcareCosts #LongTermCareInsurance #HybridPolicy #SafeWithdrawalRate #SequenceOfReturns #FinancialIndependence #RetirementMath #LTC #LucasAndLuna #FexingoBusiness #BusinessPodcast #Finance #PersonalFinance #RetirementPodcast Keep every episode free: buymeacoffee.com/fexingo