One of the costliest risks you will face in retirement is long-term care (LTC). Unfortunately, it is one of the most unplanned for risks, and with life expectancy increasing more and more retirees are prone to have a long-term care event. Why is it usually unplanned for? So many assume it won’t happen to them.
This week Dave Hall hosts national long-term care expert and the Senior Vice President of Care Planning for FIG Alecia Barnette to discuss how important having coverage for long-term care is. Alecia brings over twenty years of long-term care expertise to the table as she and Dave discuss the underwriting process, tax advantages LTC insurance offers, and the various options for plans that are on the market.