Money Wisdom

Does Everyone Need Long-Term Care Insurance?


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Today we're going to answer one of the two or three biggest questions that people tend to have about their retirement plan. As you look ahead to retirement and the largest expenses you might incur, long-term care will always be a part of that discussion. So does everyone need long-term care insurance?

This can be a broad conversation but it addresses one of the top concerns for retirees. For people that have planned properly and feel good about the income they have coming in for retirement, they want to identify areas where problems could arise and health issues and long-term care or assisted living is one of those areas that need attention.

We brought Heath Grossman, CFP® onto the podcast to help you understand the different aspects of this conversation that ultimately guide you to an answer to this important question.

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

  • What's important is to understand that it's about protection and preserving assets.
  • You need to evaluate the cost of the insurance relative to the value of what you're trying to protect.
  • Using alternative insurance options or investment accounts to plan for long-term care.
  • What are some other ways people protect their assets if they don't have insurance?

Check out our other free financial resources here: https://johnsonbrunetti.com/financial-resources/

Contact our team: https://johnsonbrunetti.com/contact-us/

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Money WisdomBy Johnson Brunetti

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