The Long-Term Care Problem SC Retirees Can't Afford to Ignore

7 out of 10 Americans over the age of 65 will need some form of long-term care. A multi-year stay in a skilled nursing facility could easily consume a significant portion of your retirement savings. And most people don't have a plan for any of it.If you've been putting off this conversation because it felt too expensive, too complicated, or too uncomfortable, this episode of ClearPath Retirement Radio is for you.Stewart Smith, LUTCF®, RICP®, and Mitch Davies walk through the real costs of long-term care, why traditional long-term care insurance is failing people, and what a newer hybrid solution can do that the old approach never could. Stewart also shares his own experience watching his father's health decline — a man who signed a power of attorney convinced he would never need it, only to spend the last six years of his life in memory care. It is a story that brings this topic off the spreadsheet and into real life.In This Episode: → What long-term care actually covers — home healthcare, assisted living, skilled nursing, and memory care → Why the cost of care compounds faster than regular inflation and what the national averages look like today → The hard truth about self-insuring, Medicaid spend-down, and what it really costs the surviving spouse → Why traditional long-term care insurance is failing people — rising premiums, strict underwriting, and the use-it-or-lose-it problem → A newer hybrid product — an indexed annuity with long-term care benefits — that may address nearly every problem with the old approach → How a single premium could potentially give you a meaningful multiplier for long-term care benefits with no use-it-or-lose-it risk → The 1035 exchange strategy that may turn an old non-qualified annuity into a tax-free long-term care payout → How this product may allow you to pay a family caregiver tax-free — replacing their income while they help care for you → Mitch's Market Minute: volatility, the market recovery, and why your allocation matters more than the headlinesCall 864-775-5033 or visit clearpathretirement.com to schedule a conversation.Ready to stress-test your retirement plan?ClearPath Retirement Planning helps retirees and pre-retirees in the Upstate SC and Columbia areas create tax-efficient retirement income strategies. 📍 300 Executive Center Drive, Suite 104 | Greenville, SC 29615 📞 (864) 775-5033Schedule your complimentary consultation today at www.clearpathretirement.com Subscribe & Connect: YouTube: @ClearPathRetirementPlanning Facebook: https://www.facebook.com/ClearPathRetirement LinkedIn: https://www.linkedin.com/company/clearpathretirementImportant Disclosure:Investment advisory services offered through Alphastar Capital Management, LLC, a SEC-registered investment adviser. SEC registration does not constitute an endorsement of the firm by the SEC nor does it indicate that the adviser has attained a particular level of skill or ability. Fixed insurance products are offered through Clearpath Retirement Planning, LLC and Alphastar Capital Management is not involved in the offer, recommendation, sale or management of commission-based fixed Insurance products. Alphastar Capital Management and Clearpath Retirement Plannin...