Demystifying Long-Term Care: How do you plan for the unknown?

What is long-term care? What does it cost? Will I spend my entire life savings in a nursing home?

As we age, these and other questions about long-term care can become more overwhelming. Understanding the nuances of long-term care and planning strategically can alleviate these concerns.

Today, we want to cut through the noise and explore what long-term care is and ways to think about planning for an unknown future. We break down essential statistics, costs, and support systems to help you make informed decisions for a secure and independent retirement.

Over the next three episodes, we will focus on long-term care! Stay tuned so you don't miss the next episode!

Timestamps:
0:00 Introduction
1:44 What is long-term care?
3:00 LTC statistics and needs
6:47 LTC costs in East Tennessee
11:20 Possible Support Systems
14:02 Planning for LTC
16:46 Disclosures

Advisory services offered through Retirement Planning Services, LLC.

The information in this recording is intended for general educational and informational purposes only, and should not be construed as investment advisory, financial planning, legal, tax, or other professional advice based on your specific situation. Please consult with your professional advisor(s) before taking any action based on its contents.