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Episode Show Notes:
On the list of dozens of retirement-related concerns, how high on the list does the potential need for long-term care rank for you? If you live long enough, chances are you will need extra medical help, and those expenses can add up quickly. On today’s show, we’ll share some questions you should consider when deciding whether you need long-term care insurance.
For example, how realistic is it for you to self-insure against long-term care expenses? Is long-term care insurance a good investment for you? What are the pros and cons? What are some other ways to help protect yourself against long-term care expenses? As always, if you have questions about retirement or investing, feel free to reach out to us for help.
Here is some of what we’ll discuss on today’s show:
- How likely is it for someone to self-fund their long-term care? (6:11)
- Is long-term care insurance a good investment for people? (9:16)
- Will a hybrid plan work for you? (14:52)
Listen to more of our conversation in the podcast or reach out to us to talk about your financial situation and goals.
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