Long Term Care Planning

Описание: #longtermcare #hazeltinellc #infinitebankingconcept
Here I'm joined by Peter Nelson of ‪@NelsonAdvisors‬ to discuss options for Long Term Care planning, a very important topic that many are starting to wake up to. In general, the options break down into:
1. Whole life insurance with chronic illness rider
2. Whole life with LTC rider or LTC insurance
3. Annuities

To learn more, schedule time with us here:
https://www.calendly.com/tradfinance

Contact us:
[email protected]
678-201-1629
  / hazeltine-llc  

ARTICLES/VIDEOS MENTIONED
------------------------------------------------------------------------------------------------------------------
OneAmerica reports / data available by request

If you live to age 65, there is a 70% chance you will need Long Term Care:
https://acl.gov/ltc/basic-needs/how-m...
------------------------------------------------------------------------------------------------------------------

MONEY SAVING IDEAS
------------------------------------------------------------------------------------------------------------------
Velocity Banking with a First Lien HELOC
Refinance your mortgage into a first lien HELOC, or buy a house with first lien HELOC to greatly optimize your paydown:
https://firstlienheloc.com/how-it-wor...
My referral link: https://flhambassador.com/loganhertz/

Costco Insurance Program
Switch your home / renters / auto insurance to Costco - I saved hundreds this way:
https://www.costco.com/auto-home-insu...

Health Sharing
Replace your health "insurance" plan with a health sharing plan and save a ton on healthcare – Crowd Health is what I use (my referral link):
https://app.joincrowdhealth.com/r/MZEZNO

Bank/Credit Card Sign-up Bonuses
www.doctorofcredit.com
------------------------------------------------------------------------------------------------------------------

Timestamps
0:00 Overview of options for Long Term Care planning
1:00 Option 1: Whole life insurance + Chronic Illness Rider
2:00 Option 2: Whole life + LTC rider / LTC insurance
5:00 Option 3: Annuities
7:00 OneAmerica LTC report: overview of claims
8:30 LTC historical claims experience
15:30 Medicaid/Medicare options - extremely limited
18:00 Typical age / length of claim
20:45 Protect against the worst case scenario first
23:30 Impact on caregivers
27:00 Indemnity-based vs. Reimbursement-based
30:30 Long Term Care costs
34:00 "Self insuring" / market-based assets are not an LTC plan

#infinitebanking #LTC #ltcinsurance #wholelife #wholelifeinsurance #annuities