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Financial Talk Show airing Saturdays at 3pm, Eastern on NEWSRADIO WXTK 95.1 FM Cape Cod. We call the program "Something More" so that we can talk about not only those important dollar and cents issues, but also the quality of life issues that make the money matters matter.  Not only do we speak about investment and planning concerns, but we often invite guests for interview. 

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  2. Long-Term Care Expenses

Long-Term Care Expenses

Jan 22, 2024

How to pay for long-term care expenses – Chris Boyd and Jeff Perry go into great

detail about the challenges of planning for long-term care. Chris starts the segment by

grouping people into three distinct categories. These groups are people with wealth to

cover the cost, those who will need to rely on public benefits, and the remainder who can

and should plan for such a possibility of a long-term care event. Jeff suggests creating a

dedicated “bucket” for long-term care expenses and offers a personal story about using a

Roth IRA. Chris and Jeff discuss a variety of other options to consider, including

insurance, equity in real estate, and hybrid approaches. Chris and Jeff also discuss an

article from Kiplinger’s Magazine on things you should know about long-term care

insurance (link provided below):

 

https://www.kiplinger.com/retirement/long-term-care-insurance/things-you-should-

know-about-long-term-care-insurance

 

Long-Term Care Planning

Healthcare Costs in Retirement

Long-term Care Insurance

Retirement Financial Planning

Kiplinger’s Long-Term Care Advice

 

#LongTermCare

#RetirementPlanning

#HealthcareCosts

#InsurancePlanning