A Better Option Than Long-Term Care For Your Retirement (Mini-Episode)
The Chris Burns Show
English - November 10, 2017 10:00 - 6 minutes - 5.59 MB - ★★★★★ - 29 ratingsInvesting Business News finance money money advice practical advice chris burns wsb radio financial growth life wsb dynamic money Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
This mini-episode comes directly from a question sent to our teamand 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.