This One Expense Could Destroy Your Retirement!

What if one life event quietly drained $300,000 to $1,000,000 from your family? That’s exactly what can happen with long-term care expenses, and most Americans never prepare for it. In this episode, the Banking Bros sit down with Michelle Prather, founder of Care Income Planning and author of Who’s Wiping Your Assets?, to uncover the shocking truth about long-term care insurance, Alzheimer’s costs, assisted living, nursing homes, and why most retirement plans fail to account for this risk.   Inside this episode: Average nursing home costs revealed Why women typically need longer care Alzheimer’s care can last 8+ years How “care income planning” protects wealth The connection between Infinite Banking and LTC planning Why waiting makes coverage harder and more expensive #LongTermCareInsurance #Retirement #InfiniteBanking #FinancialPlanning #GenerationalWealth #BankingBrosPodcast #WealthProtection   Chapters: 02:12 - Word of the week 02:49 - Main Topic: Michelle Prather’s Interview about LTC Insurance 22:25 - Michelle Prather’s Partnership Ad 23:04 - Preview of the Next Episode 23:46 - Trivia: Wheel of Misfortune   Links: Previous Podcast Episode: https://www.podbean.com/ew/pb-j6jy8-1ab58bd Join our Facebook Community: https://www.facebook.com/share/g/1DiEvpTUmi/ See our Partners: https://www.thebankingbros.com/partners Learn more about Care Income Planning: https://link.captivationhub.com/widget/bookings/bankingbros-careincome Michelle’s book: Who’s Wiping Your Assets?   If you're ready to learn more about the Infinite Banking Concept (and put JDew to the financial advisory test), you've got to watch our full Save & Spend Presentation and then schedule your FREE call with us at: https://thebankingbros.com/save-and-spend-system-podcast-link   If you're interested in the source material (we didn't come up with this!), we'd highly recommend that you get a hold of R. Nelson Nash's book: Becoming your Own Banker (5th Edition) https://amzn.to/2ZMw0h6   You can learn more about us at: https://thebankingbros.com/save-and-spend-system-podcast-link   Follow and like us on FB, IG, and TIKTOK: https://www.facebook.com/cashcompound https://www.instagram.com/thebankingbros https://www.tiktok.com/@thebankingbros