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Long-term care refers to a variety of medical and social service choices available to meet the needs and compensate for the functional disabilities of the elderly who can no longer function independently. These choices consist of complex and diverse programs and services that continue to develop as the demographics of the world population change. In the US, the aging of the population and the forecasted number of people likely requiring long-term care cannot be understated. So, this Thursday, my guest, Eric Dudley, an experienced financial adviser, specializing in retirement planning will help us navigate through the Long-Term Care solutions.
Here are some HIGHLIGHTS from this episode.
02:16 What is long-term care?
07:13 How can seniors and their families afford to pay for long term care when they need it?
08:16 Medicare supplemental insurance
09:23 Medicaid
10:48 Long Term Care Insurance
13:50 Long Term Care Insurance additional features
15:28 The cost of long-term care
19:21 Medicare/Medicaid
20:42 The role of the family as it relates to long-term care
22:06 My advice to you
Support the show
Connect with me:
Instagram: https://www.instagram.com/the_financiologist_mjcaesar/
Facebook: https://www.facebook.com/merginglifeandmoney
YouTube: https://www.youtube.com/channel/UCDOmx_ThReq0hAC3acvMQ9g
Twitter: https://www.twitter.com/https://twitter.com/mariejocaesar
LinkedIn: https://www.linkedin.com/in/mjcaesar
Click this link https://mariejocaesar.com/fp-quiz to take the "What's Your Financial Personality Type” Quiz, so you can transform your financial identity and create Financial Freedom.
Click this link: https://mariejocaesar.com/consult to book a FREE consultation now! Let's map out your path to financial wellness together. Your future self will thank you.
Send us a text
Long-term care refers to a variety of medical and social service choices available to meet the needs and compensate for the functional disabilities of the elderly who can no longer function independently. These choices consist of complex and diverse programs and services that continue to develop as the demographics of the world population change. In the US, the aging of the population and the forecasted number of people likely requiring long-term care cannot be understated. So, this Thursday, my guest, Eric Dudley, an experienced financial adviser, specializing in retirement planning will help us navigate through the Long-Term Care solutions.
Here are some HIGHLIGHTS from this episode.
02:16 What is long-term care?
07:13 How can seniors and their families afford to pay for long term care when they need it?
08:16 Medicare supplemental insurance
09:23 Medicaid
10:48 Long Term Care Insurance
13:50 Long Term Care Insurance additional features
15:28 The cost of long-term care
19:21 Medicare/Medicaid
20:42 The role of the family as it relates to long-term care
22:06 My advice to you
Support the show
Connect with me:
Instagram: https://www.instagram.com/the_financiologist_mjcaesar/
Facebook: https://www.facebook.com/merginglifeandmoney
YouTube: https://www.youtube.com/channel/UCDOmx_ThReq0hAC3acvMQ9g
Twitter: https://www.twitter.com/https://twitter.com/mariejocaesar
LinkedIn: https://www.linkedin.com/in/mjcaesar
Click this link https://mariejocaesar.com/fp-quiz to take the "What's Your Financial Personality Type” Quiz, so you can transform your financial identity and create Financial Freedom.
Click this link: https://mariejocaesar.com/consult to book a FREE consultation now! Let's map out your path to financial wellness together. Your future self will thank you.