Six months ago, Logan DeGraeve, CFP®, AIF® and Matt Kasper, CFP®, AIF® discussed rising long-term care costs on the Modern Wealth Management Education Series. To the surprise of no one, it appears to be a trend with no end in sight. There’s no question about that, but that doesn’t mean that we’re not receiving plenty of questions about long-term care.
In addition to sharing some staggering statistics, Dean Barber and Bud Kasper, CFP®, AIF® are going to address five questions that we’re frequently asked about when it comes to long-term care.
Timestamps: 00:00 – Introduction 02:03 – What are the 5 Questions? 03:07 – How Much Does Long-Term Care Cost? 04:34 – Who Do You Buy Long-Term Care Insurance for? (Hint: It’s not yourself) 07:13 – A Story About Our Retirement Plan Checklist 07:52 – TRIVIA: What % of Folks Over 65 Will Have a Severe Need for LTC? 08:37 – Surviving Spouses and Long-Term Care Insurance 12:26 – Bud’s Insurance Situation 15:16 – Digging Into Long-Term Care Costs Further 19:00 – Financial Planning Around Long-Term Care and Life Insurance 21:35 – What We Learned Today
Investment advisory services offered through Modern Wealth Management, LLC, an SEC Registered Investment Adviser.
The views expressed represent the opinion of Modern Wealth Management an SEC Registered Investment Adviser. Information provided is for illustrative purposes only and does not constitute investment, tax, or legal advice. Modern Wealth Management does not accept any liability for the use of the information discussed. Consult with a qualified financial, legal, or tax professional prior to taking any action.
