Long-Term Care Insurance 101: Myths, Costs, and Modern Options

In this episode of Gimme Some Truth, hosts Clint and Nate sit down with insurance veteran Rod Crandall to explore how long-term care insurance can protect your financial future.Rod breaks down common misconceptions, explains how long-term care coverage fits into retirement planning, and shares his personal experience purchasing a policy. The conversation also covers:✅ Current costs of long-term care in Wisconsin✅ Different types of long-term care insurance (traditional vs. modern hybrid options)✅ Underwriting and eligibility considerations✅ Why proactive planning matters for financial security and family protectionIf you’re wondering whether long-term care insurance makes sense for your situation—or how to start planning—this discussion is a must-watch.👉 Timestamps:00:00 Introduction00:20 What Is Long-Term Care Insurance?01:28 Costs and Statistics in Wisconsin04:08 Personal Experiences and Proactive Planning07:41 Traditional vs. Modern Long-Term Care Options13:39 Options for Older Individuals17:33 Planning, Underwriting, and Eligibility24:52 Final Thoughts🔔 Subscribe for More Insights on Financial Planning, Investing, and Retirement:👉 Subscribe to our channel and never miss an episode of Gimme Some Truth @walknercondon 🌐 Learn More About Walkner Condon Financial Advisors:Visit: https://walknercondon.com📣 Connect with Us on Social Media:LinkedIn: https://www.linkedin.com/company/walknercondonFacebook: https://www.facebook.com/walknercondon