EPISODE · Jun 9, 2026 · 23 MIN
The Nursing Home is Going to "Take" All of My Money
from The Executive Financial Planning Podcast · host Balanced Wealth Group
You've spent decades building wealth and one health crisis could wipe it all out. In this episode, host Matt Daugherty breaks down what long-term care actually costs along with options for paying out of pocket versus Medicare, and why "spending down" is often the most expensive strategy you never chose. Is long-term care insurance the right choice for you or your loved one?
What this episode covers
You've spent decades building wealth and one health crisis could wipe it all out. In this episode, host Matt Daugherty breaks down what long-term care actually costs along with options for paying out of pocket versus Medicare, and why "spending down" is often the most expensive strategy you never chose. Is long-term care insurance the right choice for you or your loved one?
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The Nursing Home is Going to "Take" All of My Money
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