EP #6: Long-Term Care Insurance Unveiled
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Can you afford to ignore the financial risks associated with long-term care? Join us as we promise to unravel the intricacies of long-term care insurance and why it’s a cornerstone of smart financial planning, especially as we age. On the Osborne Financial Group Podcast, hosts Jarrett Osborn and Jeremy Wolf explore the ins and outs of this essential protection tool, shedding light on when and why you should consider it—ideally around age 50 for optimal benefits. We dive into the nitty-gritty of qualifying criteria, underscoring the importance of proactive planning to safeguard your estate and ensure peace of mind in your golden years.
Expect a thorough examination of the industry's evolution, from the historical challenges faced by giants like General Electric's Genworth to emerging solutions that blend life insurance with long-term care benefits. Discover how policy structures, elimination periods, and inflation riders significantly impact costs and coverage, and gain insights into viable alternatives for those priced out of traditional options. Whether you're considering asset transfers for Medicaid eligibility or self-insuring, we have you covered. This episode is a must-listen for anyone wanting to navigate the complex landscape of long-term care with confidence and foresight.
6 episoade