There are multiple ways to design LTC plans to get mney back of care isn't needed. Listen to many options today. Part two comes next week.

Estimate LTC insurance premiums here: Premium estimator

Schedule a meeting with me here: My Calendar

Get a question answered here: 15 minute meeting

Listen to more podcast episodes here: Episodes

What your state lets you keep: State Medicaid income/asset limits

Cost of Care estimstor: What does care cost in my town?

Estimate LTC insurance premiums here: https://23149698.hs-sites.com/individual-calculator

Ask a question here: https://calendly.com/diane-p4t/15min

Listen to more podcast episodes here: https://preparingfortomorrow.libsyn.com/

What your state let's you keep: https://gotltci.com/2025/01/what-your-state-lets-you-keep/

Schedule a phone or Zoom meeting here: https://calendly.com/diane-p4t/60min

LTC Resources

Estimate LTC insurance premiums here https://23149698.hs-sites.com/individual-calculator

Ask a question here https://calendly.com/diane-p4t/15min

Listen to podcast episodes here https://preparingfortomorrow.libsyn.com/

What your state let's you keep: https://gotltci.com/2024/01/what-your-state-lets-you-keep/

Cost of care estimator: https://www.genworth.com/aging-and-you/finances/cost-of-care

Social Security life expectancy table: https://www.ssa.gov/OACT/NOTES/as120/LifeTables_Tbl_10.html

Social Security life expectancy by DOB: https://www.ssa.gov/OACT/population/longevity.html

Schedule with me at https://calendly.com/diane-p4t/60min

Ask a question at https://calendly.com/diane-p4t/30min

Website: https://preparing4tomorrow.com/

Podcast episodes: https://preparingfortomorrow.libsyn.com/

What your state let's you keep: https://gotltci.com/2024/01/what-your-state-lets-you-keep/

Cost of Care estimator: https://www.genworth.com/aging-and-you/finances/cost-of-care

We wish everyone a joyful Christmas and holiday season. Celebrate with those near and far, and enjoy all the bountiful gifts of love and family. Open your hearts and love those you love even more this season. Welcome those who are far from your hearts!

I hope you enjoy the song my husband wrote a while back to celebrate the true Reason for the Season.

Merry Christmas and Happy Holidays!

Psst: It's me on flute again

As you gather with family and friends this holiday season, I ask you to notice sons and daughters helping their moms and dads perform simple tasks like cutting their food or getting in and out of chairs.

Ask yourself and your spouse/partner what you would like to have happen when you reach a point when it's your turn to need help.

Do you have kids? Can they, and do you want them to be forced to help you alone? Or do you want to prepare a written plan that includes answers to their questions and resources to help them?

If you don't have kids, I ask you to think about who will be taking on that role for you?

LTC insurance is simply a tool the provides funding for you to be able to control your care experience and to decide with your doctors and family where the best place is for you to receive that care.

Who wants to hand that control over to the state Medicaid department? Not anyone I know.

Whether to decide to own insurance or not, you need a plan. You need to write that plan down and share it with your family so they know what you want and where you want to be.

Email me at diane@preparing4tomorrow.com to request two free planning guides to help you help your family help you.

Merry Christmas and happy holidays!

Diane shares two client stories and some of her own family's story that have all developed over the last two years.

So many people want to wait as long as they can to own LTC insurance, but they fail to understand that health is what buys this stuff. When health concerns show up, sometimes we'll be required to wait a specified period of time to be able to apply for coverage. Or we may become an uninsurable health risk, negating all the plans we had wanted to be able to use to protect our family and savings.

If you're considering planning for future extended care needs, don't wait!

Do it when you first decide to do it. You are currently the youngest and likely the healthiest you'll ever be. Use your health and youth to your advantage to obtain the most leverage for the dollars paid into a plan.

Shcedule some time with me to first determine if some form of insurance is an appropriate tool for you. If it is, we'll design a customized plan that meets your family's unique needs.

Schedule here and get ready to Prepare for Tomorrow!

This week, we're sharing how Joe & Jenny used a single payment to create a paid up LTC and/or death benefit that pay tax-free when care is needed or when death occurs.

This couple is in their 70s and are thankfully healthy enough to be approved for coverage.

At 71 and 72, the leverage isn't as strong as when we're inour 40s, 50s or 60s, but we were still able to create a plan that pays significantly more than what is paid in.

At younger ages, we would definitely use an inflation rider to increase benefitrs over time as we know the costs of care are increasing.

This couple was planning tu use their $200,000 for care if one or both of them needs help living at home, in assisted living or in a nursing home environment. By adding the leverage of the insurance plan, they each have nearly doubled the amount of money set aside for care needs.

When we plan in our 40s or 50s, we see leverage at 8-10 times the amount paid in most of the time.

I know it seems like we should wait to plan for LTC until later in life, but the leverage when buying younger is amazing. And, with many plans, if you don't need care, then money goes back to your heirs.

And when younger, we are more likely to be approved for coverage.

Schedule with me https://calendly.com/diane-p4t/30min to schedule a short call to see if this is something for you to consider.