What Are The Odds of Needing Long-Term Care?

In today’s episode, we’re playing a little game of what are the odds? For example, do you know the chances of being in a house fire, or having your car totaled? What about the likelihood of being hospitalized?

Listen in as we break down these probabilities and compare them to the chances of having a long-term care event. The numbers might shock you! Then, at the end of the episode, Charles will answer a question from Lisa, who asks how reliable the projected income numbers on her 401(k) statement are and what factors they are based on.

Here’s some of what we discuss in this episode:

0:00 – Intro

1:56 – The odds you might be in a house fire

2:59 – The odds your car is totaled

3:58 – The odds of being hospitalized

5:00 – The odds of having a long-term care event

7:05 – The changing landscape of long-term care insurance

9:45 – Listener question: 401(k) income projections

Order my free book, Protecting Your Assets with Tax-Free Long-Term Care insurance solutions---https://arizonaltcresources.com/book

Have questions about any of the topics we covered in today's podcast? Reach out to me at 480-513-1830, or schedule a call via my calendar.

Want a free copy of my book, Protecting Your Assets from Long-Term Care, click the link below.

Download, The 10 Critical Things Seniors Need to Know About Long-Term Care, click here.

What Are The Odds of Needing Long-Term Care?

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