Federal Retirement Experts with Gregory Jameson

Do I Need Long Term Care Coverage?


Listen Later

Are you prepared for what lies ahead? The future is unpredictable, but what if you could secure your golden years with long-term care insurance? It’s not something we want to think about, but it’s important to make sure you’re covered and your family is taken care of if this long-term care is ever needed for you. 

This episode is loaded with everything you need to know about this safeguard. We tackle the costs, who genuinely needs it, and alternate options accessible for your consideration. We also touch on the government's skepticism about the feasibility of continuing this coverage for federal employees, and the possibility of self-pay options using your savings and other resources.

Here’s some of what we discuss in this episode:

  • 0:00 – Intro
  • 2:14 – How long-term care coverage actually works 
  • 3:34 – When should you start discussing LTC?  
  • 4:09 – Two-year suspension of long-term care coverage for federal employees 
  • 6:51 – Understanding the different coverage options 
  • 9:37 – Self-paying for care 
  • 11:59 – How Federal Retirement Experts help with LTC 


Learn more about our team:
https://www.federalretirementexperts.com/about-us

Get Connected with a retirement coach: https://www.federalretirementexperts.com/get-connected

Get in touch with us:
https://www.federalretirementexperts.com/contact-us

Watch the video podcast on our website:

https://www.federalretirementexperts.com/podcast


...more
View all episodesView all episodes
Download on the App Store

Federal Retirement Experts with Gregory JamesonBy Gregory Jameson

  • 1.5
  • 1.5
  • 1.5
  • 1.5
  • 1.5

1.5

2 ratings


More shows like Federal Retirement Experts with Gregory Jameson

View all
Investing Insights by Morningstar

Investing Insights

518 Listeners

Your Money, Your Wealth by Joe Anderson, CFP® & Alan Clopine, CPA of Pure Financial Advisors

Your Money, Your Wealth

809 Listeners

Retirement Answer Man by Roger Whitney, CFP®, CIMA®, RMA, CPWA®

Retirement Answer Man

1,317 Listeners

Ramsey Everyday Millionaires by Ramsey Network

Ramsey Everyday Millionaires

3,689 Listeners

Stay Wealthy Retirement Podcast by Taylor Schulte, CFP®

Stay Wealthy Retirement Podcast

670 Listeners

Haws Federal Advisors Podcast by Dallen Haws

Haws Federal Advisors Podcast

88 Listeners

Plan Your Federal Retirement Podcast by Micah Shilanski & Tammy Flanagan

Plan Your Federal Retirement Podcast

129 Listeners

Retirement Answers by Jacob Duke, CFP®

Retirement Answers

102 Listeners

Federal Employees Retirement & Benefits Podcast by CD Financial by Charles Dzama

Federal Employees Retirement & Benefits Podcast by CD Financial

6 Listeners

Federal Employee Financial Planning Podcast by Mason & Associates

Federal Employee Financial Planning Podcast

46 Listeners

The Federal Retirement Show by American Benefits Exchange

The Federal Retirement Show

14 Listeners

Smart Wealth and Retirement by Jim Martin & Casey Bibb

Smart Wealth and Retirement

36 Listeners