What if one life event quietly drained $300,000 to $1,000,000 from your family?
That’s exactly what can happen with long-term care expenses, and most Americans never prepare for it.
In this episode, the Banking Bros sit down with Michelle Prather, founder of Care Income Planning and author of Who’s Wiping Your Assets?, to uncover the shocking truth about long-term care insurance, Alzheimer’s costs, assisted living, nursing homes, and why most retirement plans fail to account for this risk.
Inside this episode:
Average nursing home costs revealedWhy women typically need longer careAlzheimer’s care can last 8+ yearsHow “care income planning” protects wealthThe connection between Infinite Banking and LTC planningWhy waiting makes coverage harder and more expensive#LongTermCareInsurance #Retirement #InfiniteBanking #FinancialPlanning #GenerationalWealth #BankingBrosPodcast #WealthProtection
Chapters:
02:12 - Word of the week
02:49 - Main Topic: Michelle Prather’s Interview about LTC Insurance
22:25 - Michelle Prather’s Partnership Ad
23:04 - Preview of the Next Episode
23:46 - Trivia: Wheel of Misfortune
Links:
Previous Podcast Episode: https://www.podbean.com/ew/pb-j6jy8-1ab58bd
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Learn more about Care Income Planning: https://link.captivationhub.com/widget/bookings/bankingbros-careincome
Michelle’s book: Who’s Wiping Your Assets?
If you're ready to learn more about the Infinite Banking Concept (and put JDew to the financial advisory test), you've got to watch our full Save & Spend Presentation and then schedule your FREE call with us at: https://thebankingbros.com/save-and-spend-system-podcast-link
If you're interested in the source material (we didn't come up with this!), we'd highly recommend that you get a hold of R. Nelson Nash's book: Becoming your Own Banker (5th Edition) https://amzn.to/2ZMw0h6
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