This mini-episode comes directly from a question sent to our team and is part of the show's Lightning Round where we answer your questions.
Terry asks Chris about the value of long-term care insurance.
What do you need to consider as you plan for retirement?
Over 90% of insurance companies have increased the costs of long-term care coverage.
Listen in to hear how to better understand your costs & create a plan to protect your future
Chris helps Terry learn how to protect herself from the risk of needing long-term care coverage and what options she needs to consider.
The BIG Takeaway:
Trends show healthcare beginning to include long-term care coverage. Meaning you could be investing in something for years that may soon be given away - be careful.
Insurance companies saw this coming years ago and created a great solution to look into.
The right life insurance policy can provide you with a fixed cost and carry all the provisions for long-term care, but with added flexibility.
The most important thing is choosing the best life insurance policy to fit your needs.
What happens when family members’ circumstances change your retirement plans? The number of baby boomers caring for BOTH kids and parents is skyrocketing!
Giving is great but not at the risk of going broke! Ever since “THAT” Christmas, my wife and I have obeyed these 3 parameters.
<Lightning Noise> Today we hit four questions including “How we get paid for our services?” These are YOUR questions answered!
Life happens, and suddenly you have a collection of 401K souvenirs. You aren’t helping yourself by having multiple, small accounts out there. Here are the reasons why & the best thing to do next.
Fear sells and it can be scary powerful. How is fear being used in the financial world? Are you a victim to fear tactics?
Does your plan have an Achilles heel or a fatal flaw that exposes it to extreme risk? Even if it “feels safe” there are no certainties in planning. Here is a better way to live.
<Lightning Noise> Today we’re discussing how to best utilize the equity you’ve saved, how to prioritize paying off loans, and whether or not a severance package is right for you. These are YOUR questions answered!
Let’s talk about the most boring meeting of the year… sounds thrilling, right? But, if you can fight through it… it can make a difference. I believe in you.
Whether we’re throwing money away at the lottery or gambling with the stock market, we all have something in common. Let’s learn a billion dollar lesson.
When you know this much about market timing you’ll be prepared to… never trust market timing again. But thankfully there is a better alternative that will give you full confidence.