Retirement Quick Tips with Ashley

Long-Term Care | Recap + Highlights - Ep. 161


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It’s Sunday, which means...It’s recap time!

The theme for this week was: long-term care. What it is, why you need to think about it as you transition into retirement, and how you can protect yourself if you ever need to pay for long-term care.

Hopefully after listening to the tips this week, you are better informed about long-term care and you’ve answered a very important question for yourself: Should you buy long-term care insurance to protect yourself in retirement?

It’s an important question to answer, especially if your in your 50s. Because if you’re going to buy long-term care insurance, that’s the time to do it. If you wait until you’re older or if you’re not in good health when you buy long-term care insurance, the premiums skyrocket.

In case you missed any of this week’s episodes, here what we covered:

  • What is long-term care and why you should care
  • The scary statistics that highlight the probability that you’ll need long-term care
  • Who should buy long-term care insurance and if it’s really worth the cost...and
  • The ideal time to buy long-term care insurance

If you missed any of these episodes, you can find them on iTunes or Google Play by searching for the “One Minute Retirement Tip with Ashley”.

Tomorrow, come on back, because we’re starting a brand new theme: Unloading your debt before you retire. We’ll talk about the importance of getting to little to no debt by the time you hit retirement, and how to make progress on knocking out your debt so you can have the freedom and peace of mind of being debt-free in retirement.

That’s it for this week! Thanks for listening.

My name is Ashley Micciche and this is the “One Minute Retirement Tip”.

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>>> Check out our blog: https://truenorthretirementadvisors.com/blog/

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Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance, wealth management, long term care, long term care insurance, long term care definition, long term care cost, what is long term care facility, long term care options, long term care insurance, long term care insurance cost, alternatives to long term care insurance, long term care insurance quotes, long term care insurance definition, pros and cons of long term care insurance, probability of needing long term care, long term care insurance companies, when to buy long term care insurance

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Retirement Quick Tips with AshleyBy Ashley Micciche

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