LONG TERM CARE SOLUTIONS – What should you know about them?

Send us Fan MailLong-term care refers to a variety of medical and social service choices available to meet the needs and compensate for the functional disabilities of the elderly who can no longer function independently.  These choices consist of complex and diverse programs and services that continue to develop as the demographics of the world population change. In the US, the aging of the population and the forecasted number of people likely requiring long-term care cannot be understated. So, this Thursday, my guest, Eric Dudley, an experienced financial adviser, specializing in retirement planning will help us navigate through the Long-Term Care solutions.Here are some HIGHLIGHTS from this episode. 02:16 What is long-term care?07:13 How can seniors and their families afford to pay for long term care when they need it?08:16 Medicare supplemental insurance09:23 Medicaid10:48 Long Term Care Insurance13:50 Long Term Care Insurance additional features15:28 The cost of long-term care19:21 Medicare/Medicaid20:42 The role of the family as it relates to long-term care22:06 My advice to youSupport the showConnect with me:Instagram: https://www.instagram.com/thefinanciologist/Facebook: https://www.facebook.com/merginglifeandmoneyYouTube: https://www.youtube.com/@merginglifeandmoneyLinkedIn: https://www.linkedin.com/in/mjcaesarClick this link https://mariejocaesar.com/fmtq/take-the-quiz to take the "Discover Your Financial Mindset Type” Quiz, so you can start taking control of your financial destiny and transform your financial identity.Click this link: https://mariejocaesar.com/consult to book a FREE consultation now! Let's map out your path to financial wellness together. Your future self will thank you.