1 rich Libsyn https://www.libsyn.com 90 600 How should you prepare for one of the biggest financial risks facing retirees—and one that many people would rather not think about? &amp;nbsp; In this episode of Something More with Chris Boyd, Chris Boyd, Russ Ball, and Luke Bagley take an in-depth look at long-term care planning, the rising cost of care, and the difficult decisions families face when trying to protect their retirement savings. While many people recognize that long-term care expenses can be substantial, understanding how to prepare for those costs is far less straightforward. &amp;nbsp; The conversation explores the realities of traditional long-term care insurance, including qualification requirements, benefit triggers, premium increases, elimination periods, and inflation concerns. The team discusses why many consumers become frustrated with these policies and why evaluating long-term care risk has become an essential part of comprehensive financial planning. &amp;nbsp; They also review alternative approaches, including hybrid life insurance and annuity-based solutions, and discuss how some families choose to self-fund care expenses. Throughout the episode, the discussion emphasizes that there is no one-size-fits-all answer. The best strategy depends on a household’s financial resources, goals, health considerations, and desire to preserve assets for loved ones. &amp;nbsp; Whether you're approaching retirement, currently retired, or helping aging parents navigate care decisions, this episode provides valuable perspective on one of the most important—and often overlooked—planning challenges facing families today. &amp;nbsp; #LongTermCare #RetirementPlanning #FinancialPlanning #WealthManagement #EstatePlanning #RiskManagement #FinancialAdvisor #RetirementStrategy #LegacyPlanning #InsurancePlanning Something More with Chris Boyd http://somethingmorewithchrisboyd.libsyn.com <iframe title="Libsyn Player" style="border: none" src="//html5-player.libsyn.com/embed/episode/id/42240535/height/90/theme/custom/thumbnail/yes/direction/forward/render-playlist/no/custom-color/88AA3C/" height="90" width="600" scrolling="no" allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen></iframe> https://assets.libsyn.com/secure/item/42240535