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The Hidden Retirement Expense: Long-Term Care Explained episode artwork

Sep 28, 2025 26 min

The Hidden Retirement Expense: Long-Term Care Explained

from Lord and Richards Hosted by Lord and Richards

Healthcare isn’t just a medical issue; it’s a financial one that can make or break your retirement. In this episode of The Lord and Richards Show, Colin Richards and Dylan Schoonover talk about the real costs of long-term care, why Medicare and Medicaid won’t cover everything, and how to plan ahead so your health needs don’t wipe out your wealth. We’ll cover: - Why proactive habits like sleep, diet, and exercise matter as much as saving money - The true cost of long-term care and how it impacts families - Pros and cons of traditional LTC insurance (and why premiums rise) - Hybrid life insurance with living benefits that can pay for care tax-free - Practical steps to protect your spouse and your retirement lifestyle 🎧 Tune in to learn how “freedom of health” fits alongside freedom of time and wealth, and how smart planning today can keep your future secure. Learn more at: https://lordandrichards.com/ Call for your complimentary Retirement Freedom Review: 720-372-0400 Investment Advisory Services offered through Lord and Richards Wealth Management, LLC, a Registered Investment Adviser.

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The Hidden Retirement Expense: Long-Term Care Explained

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This episode is 26 minutes long.

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This episode was published on September 28, 2025.

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