Long Term Care
-
Do You Know Ruth & Erica
In last week’s Fridays with Fisher, I shared a specific Monte Carlo scenario that I ran demonstrating the potential financial impact that might occur to someone with a million dollar portfolio. As you would expect, a long duration care event has a much more significant financial impact than a short duration event. What we rarely… Continue reading
-
Did you know – Monte
In last week’s Fridays with Fisher, I shared with you my high-level viewpoint on both the physical and fiscal risk that extended healthcare events pose. One point that I tried to make is that there is a parallel between long term care insurance and disability income insurance. Simply, they both provide as a means to… Continue reading
-
Did you Know – Jean-Baptiste
Last week’s Fridays with Fisher talked about some serious misunderstandings that a bulk of the population has about long term care / extended healthcare and the funding of those obligations. It is a serious issue that MUST be addressed. Medicare and Medicaid are not designed to address this issue – we need to make sure… Continue reading
-
Did You Know – Percy
You all know that every Friday I share a little something with you in my Fridays with Fisher e-blast and blog (fridayswithfisher.com). I see this as a way to share ideas and information that aren’t corporate generated. As I was looking for a witty quote, I stumbled into a study that was done by the… Continue reading
-
Did You Know – Benjamin
We have heard it a million times – “by failing to prepare, you are preparing to fail” or some variation of this statement. Did you know that Benjamin Franklin is often credited for this thought, but that cannot be verified (according to checkyourfact.com). Regardless of the source, the statement rings true. A failure to plan… Continue reading
-
Did You Know – Elvis
As you know, last week and this I have been off moving to my more modern home. I will be back full speed on Monday, July 12. Thank you for working with Justin during my time out – I do appreciate your cooperation. So, since today is a day off and taking the “did you… Continue reading
-
Columbo
If you have been in the business for any time, you will recognize the phrase “the Columbo Close” where as you wrap up your conversation with a “quick question” which opens the door to opportunity. You know – it goes something like this … While I am not going to ask you for a dime… Continue reading
-
True Look at Impact of LTC
This video has made its way around the web and has been shared on LinkedIn a bit. If you have not see it yet, it is a must watch. In short, the difference between triumph and tragedy is a thin line. It involves: Having had a conversation with your family and having a plan. And… Continue reading
-
Inherited IRA Funding Scenario
Last week, I shared how the SECURE Act creates an opportunity for an Asset Care solution. Today, I plan to share with you an example of how this situation might prove to be beneficial to the family members inheriting IRA proceeds. Before I get rolling, I want to remind you that this continues the qualified… Continue reading
-
SECURE your LTC
The first Tuesday of every month, Michael Florio and I host our webcast – LTC Coffee Break. This past episode, we discussed using qualified money as a funding source for long term care insurance. You can catch our most recent release and access our library of past shows at our website at LTCcoffeebreak.com or just CLICK HERE… Continue reading
-
Funding Source – Qualified Money
If you were able to catch the most recent release of our full LTC Coffee Break earlier this week, you will recall that Michael and I discuss using qualified money to fund Asset Care. If you missed it, you can go to the LTC Coffee Break website at LTCcoffeebreak.com or just CLICK HERE to begin… Continue reading
-
Look at the Averages
For the past month, I have been sharing commentary and ideas related to averages, longevity, and extended healthcare. That kicked off on April 6 with our LTC Coffee Break broadcast. Check out our full LTC Coffee break episode. I have discussed the danger of relying solely on average duration care planning. Simply, the average (actually… Continue reading
Fridays with Fisher 