The Hidden Retirement Risk: How Long-Term Care Can Wipe Out Your Wealth

What if one unexpected health event could erase decades of hard work? In this episode, Drew Stevens breaks down the single greatest financial threat facing retirees today—long-term care costs. With over 40 years of experience in financial services, Drew explains why most people underestimate this risk and how it can devastate even well-planned retirements. You’ll learn: Why 70% of retirees will need care—and what that really means The emotional and financial toll long-term care places on families The truth about Medicare and why it won’t protect you Strategic solutions including hybrid policies, annuities, and asset-based planning How to avoid becoming a financial burden to your loved ones This episode isn’t just about planning—it’s about protecting your independence, dignity, and legacy. 🎁 Free Book Offer: Email [email protected] with subject “Retire Wise Giveaway” and include one referral to receive your complimentary copy (limited to first 50 listeners).   retirement planning, long term care insurance, retirement risks, wealth protection, financial planning for retirees, retirement income strategies, healthcare costs retirement