Retirement For Life

Anchoring Your Future with Smart Long-Term Care Planning - Ep 9


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To get the full RFL experience, watch the episode here at https://youtu.be/AfvD3h75cqM

Navigating the treacherous waters of long-term care in retirement can seem daunting, but fear not, as I, Chris Cyr, am here to chart the course with heartfelt insights and practical strategies. Grappling with the sobering statistic that nearly half of retirees will encounter the need for paid long-term care, I weave through the financial implications with the same attention and empathy I'd offer my own family. With a tale that hits close to home, I recount how a devious long-term care insurance company attempted to pull the wool over a client's eyes, setting the stage for our candid discussions about the AIM Retirement System and its innovative classification of retirees. It's here where we align on the best course of action, whether it's traditional insurance, cutting-edge hybrid products, or the sturdy vessel of self-insurance, to ensure your retirement journey is both secure and prosperous.

As we sail into the murky depths of long-term care insurance and its myriad challenges, including jarring premium hikes and an industry in flux, I shed light on the realities that await and the dwindling options at our disposal. I share the intricacies of Medicaid planning for those navigating tighter financial straits and how the AIM Retirement System offers tailored solutions for everyone's situation. We also hoist the sails with hybrid long-term care solutions, dissecting the case of a couple who found solace in a life insurance blend with long-term care benefits. Whether you're in the waters of moderate means or cruising with ample resources, I impart wisdom on how to steer clear of unnecessary insurance costs while still reinforcing your legacy. Climb aboard this episode for essential guidance on safeguarding your golden years from unexpected storms.

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  • If you're interested in learning more about our trademarked AIM Retirement System, visit: AIMRetire.com
  • Want to connect with Chris? Schedule a 15 Minute Retirement Readiness call to discuss whatever's on you mind about retirement Retire15.com or just shoot him an email at mailto:[email protected]
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Retirement For LifeBy Christian Cyr, CPA, CFP®

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