Your Parents Are Getting Older and Nobody Has a Plan

Raymond Lavine has spent 16 years helping families prepare for one of the most emotionally brutal — and financially devastating — things that can happen: a parent, spouse, or sibling needing long-term care. He's an author, podcast host, and financial services professional. He's also watched his own family navigate it — his mother used a long-term care policy for 18 years and lived to 103. He gets it from both sides.In this episode, Raymond breaks down what long-term care actually means (hint: it's way more than diapers), why Gen X is uniquely squeezed between raising kids and caring for aging parents, and why "I'll figure it out when it happens" is the most expensive plan you can have. He also admits something most people in his industry won't say out loud: he doesn't enjoy being a caregiver. And that's exactly why he plans for it.If you've been avoiding this conversation — this one's for you.🎙️ Guest: Raymond Lavine — Co-author of Empathy and Understanding in Business, host of Planning with Purpose and The Caregiver's Blueprint📌 Topics covered:→ What long-term care planning actually means for a regular family→ Why caregiver burnout causes real mental health crises→ How LTC insurance works (and what it actually pays for)→ The "sandwich generation" squeeze on Gen X→ Why self-insuring is a bigger gamble than most people realize→ How to start planning even on a tight budget🌐 CommonXpodcast.com📺 Subscribe on YouTube | 🎧 Listen wherever you get podcastsThe CommonX Podcast features long-form conversations with musicians, cultural voices, veterans, entrepreneurs, and independent thinkers who bring lived experience to the table. Hosted by Jared Mayzak and Ian Primmer, CommonX explores music, culture, work, identity, resilience, and the systems that shape everyday life—without talking points or manufactured outrage.From iconic artists and creative pioneers to everyday people with extraordinary stories, each episode prioritizes honesty, curiosity, and meaningful dialogue. This is a Gen-X–driven show for listeners who value depth over noise and conversation over clicks. Hosted on Acast. See acast.com/privacy for more information.