This One Expense Could Destroy Your Retirement!

What if one life event quietly drained $300,000 to $1,000,000 from your family?

That’s exactly what can happen with long-term care expenses, and most Americans never prepare for it.

In this episode, the Banking Bros sit down with Michelle Prather, founder of Care Income Planning and author of Who’s Wiping Your Assets?, to uncover the shocking truth about long-term care insurance, Alzheimer’s costs, assisted living, nursing homes, and why most retirement plans fail to account for this risk.

 

Inside this episode:

• Average nursing home costs revealed
• Why women typically need longer care
• Alzheimer’s care can last 8+ years
• How “care income planning” protects wealth
• The connection between Infinite Banking and LTC planning
• Why waiting makes coverage harder and more expensive

#LongTermCareInsurance #Retirement #InfiniteBanking #FinancialPlanning #GenerationalWealth #BankingBrosPodcast #WealthProtection

 

Chapters:

02:12 - Word of the week

02:49 - Main Topic: Michelle Prather’s Interview about LTC Insurance

22:25 - Michelle Prather’s Partnership Ad

23:04 - Preview of the Next Episode

23:46 - Trivia: Wheel of Misfortune

 

Links:

Previous Podcast Episode: https://www.podbean.com/ew/pb-j6jy8-1ab58bd

Join our Facebook Community: https://www.facebook.com/share/g/1DiEvpTUmi/

See our Partners: https://www.thebankingbros.com/partners

Learn more about Care Income Planning: https://link.captivationhub.com/widget/bookings/bankingbros-careincome

Michelle’s book: Who’s Wiping Your Assets?

 

If you're ready to learn more about the Infinite Banking Concept (and put JDew to the financial advisory test), you've got to watch our full Save & Spend Presentation and then schedule your FREE call with us at: https://thebankingbros.com/save-and-spend-system-podcast-link

 

If you're interested in the source material (we didn't come up with this!), we'd highly recommend that you get a hold of R. Nelson Nash's book: Becoming your Own Banker (5th Edition) https://amzn.to/2ZMw0h6

 

You can learn more about us at: https://thebankingbros.com/save-and-spend-system-podcast-link

 

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