What happens if one event quietly wipes out everything you’ve built?

In this episode of MasterPlan, we get into one of the least talked about — and most financially destructive — parts of life planning: long-term care.

Most people assume it’s something that happens “later” or that family will figure it out. But the reality is a lot more complicated — and a lot more expensive.

We talk through:

0:00 — The Question Nobody Asks
0:15 — Welcome + What This Episode Covers
0:45 — The “Nuclear Button” of Retirement
1:30 — Why Home Care Isn’t That Simple
2:10 — What Long-Term Care Actually Includes
3:00 — The Real Costs (2025 Numbers)
4:15 — Nursing Home Costs Explained
5:00 — Medicaid: The Backup Plan
6:00 — The Bigger Problem (System Capacity)
7:00 — Why Long-Term Care Insurance Is Failing
8:00 — What People Get Wrong

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Advisory services offered through MasterPlan Retirement Consultants, Inc., a Registered Investment Advisor in the state of Georgia. Insurance, tax and commodities services offered through Fricks and Associates, Inc. dba MasterPlan Retirement Consultants. The aforementioned are affiliated companies.