Understanding Long-Term Care Costs:
New Insurance Options
Kevin Gormely, CFP®, CPA and Todd Russell CFP®, President of Private Client Strategies, LLC dive into the evolving landscape of long-term care insurance and its critical role in financial planning. With rising healthcare costs and the increasing desire to age in place, understanding the new generation of long-term care products is essential.They explore the financial risks associated with long-term care, discuss how these costs can impact your savings, and explain how modern insurance policies can help mitigate some of these risks. Whether you’re planning for yourself or loved ones, this discussion offers valuable insights into making informed decisions about long-term care.
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