We and our financial advisors are preparing to need money to last 30 plus years in retirement, yet we don't trust LTC insurance companies to help protect us during that time. If we think we're going to live that long, do we really believe we will remain as strong, healthy and active as we are today?  Look at our parents and grandparents. Humans slow down as we age.  Dementia is showing up in our 60s.  People are having strokes in their 50s due to stress. We need to be prepared. LTC insurance is strictly regulated by the NAIC (National Association of Insurance Commissioners) to make sure that rules are followed for marketing and claims.  Learn how our state departments of insurance protect us The America Association for LTC insurance was created in 1988 to educate consumers and support insurance/financial professionals.  You can learn a lot from them The report from Faegre Drinker on NAIC Model regulation can be found Estimate LTC premiums View current and projected costs of care where you live Schedule a meeting with me and Prepare for Tomorrow

I wanted to title this episode "Stable & Controlled" because that's what LTC health underwriters look for in every applicant's medical history. Today, I share several things not to do until after you've applied and been approved for some form of LTC insurance. We don't need to be in perfect health, but we need to be aware of red flags that the insurance companies will view as an unacceptable risk. Listen and learn what not to do until both you and the insurance company of your choice have made decisions and coverage is in place. Schedule with me to design your plan   Estimate traditional and hybrid LTC premiums   Learn what your state Medicaid system lets you keep Explore current and projected future costs of care at home, in assisted living and in nursing homes

I was introduced to a couple ages 79 and 72 who thought it might be too late to plan for LTC protection. Thankfully, companies that offer LTC coverage continue to create new ways to plan and help older Americans protect their loved ones when an extended care need shows up. If you think you may have waited too long, you might be surprized at what is available today. Schedule a meeting to learn more Estimate LTC insurance premiums (These are not the plan I'm sharing today) Check out current and projected costs of care where you live Schedule a quick question Learn what your state's Medicaid system let's you keep

This week, we answer two questions by sharing some history of the long term care industry. 1) Do I have to go to a nursing home to receive my benefits? 2) Can I use my LTC policy to pay my family? Listen and learn how the LTC industry has evolved over the last 51 years to accomodate needs and desires of our aging population. Estimate LTC premiums Schedule to ask me a question Learn how much income and assets your state Medicaid system let's you keep Catch more episodes Learn current and projected costs for home care, assisted living and nursing home care  Schedule with me to design your plan

Would you rather pay $145,000 or $245,000 in total premiums to have $1,300,000 in long term care benefits at age 85? When we pay our premiums over a shorter number of years, we almost always pay less than if we pay a smaller rate for the rest of our lives. It's important to understand the big picture of both physical and financial health when designing a plan. If I don't ask questions, I won't know if there is a way to pay $100,000 less for the same benefits. Estimate recurring LTC premiums Schedule 15 minutes to ask a question Learn how much income and assets your state Medicaid system lets you keep   Listen to more episodes Learn current and projected LTC costs of home care, assisted living and nursing homes where you live Schedule to design your plan

Many believe that Medicare pays for long term care needs.   Many also confuse Medicare and Medicaid. Listen and learn how both of these government programs work and why we need to understand why it's important to plan for ourselves and maintain control over where we live and who is helping us when we are unable to care for ourselves for an extended and unknown amount of time. What state Medicaid offices let you keep Schedule a meeting with me 15 minutes to ask a question - schedule Check out current & projected costs of care Estimate LTC premiums Listen to more episodes

This is always the question.  We all want to wait as long as we can before paying for something we don't want to own to protect our family from something that we don't want to happen.   Let me tell you - if that something is going to happen, it will whether we plan or not. Don't end up where the state Medicaid system "puts you" because you didn't plan ahead. Most people plan 25 years before along term care need arises.  When should you plan?  Listen here.  Schedule a meeting Ask a question Estimate LTC premiums   Learn what Medicaid let's you keep See projected costs of care American Association of LTCinsurance

Estimate LTC premiums Schedule a meeting with me Ask a quick question Listen to more episodes Learn what your state lets you keep to qualify for Medicaid Cost of care estimator is

Annuities can be confusing, and we tried to help keep this clear and understandable, but ---- annuities can be confusing. Schedule a meeting with me to learn more Ask a question Estimate LTC premiums Listen to more episodes  Project future costs of care in your area Learn what Medicaid let's you keep This last link is a link that is shared by 6-8 LTC professionals, so if you'd loke to shecule, pleas eus my first limk above.  Thank you

There are multiple ways to design LTC plans to get mney back of care isn't needed.  Listen to many options today.  Part two comes next week. Estimate LTC insurance premiums here: Schedule a meeting with me here:   Get a question answered here:   Listen to more podcast episodes here:   What your state lets you keep:   Cost of Care estimstor: