Category: plan

Just for the kicks – AI says …

Just for the kick of it, I asked ChatGPT to “WRITE AN ARTICLE ABOUT LONG-TERM CARE PLANNING” and this is what it spilled out. Long-Term Care Planning: Why It’s Essential for Your Future When most people think about their future, they envision retirement, travel, and spending time with family. However, there’s another important aspect that... Continue Reading →

Time to Get Personal

Last week, I talked about reviewing your book of business and combing for opportunities within your client base.  This week, I will talk about reviewing someone’s long-term care plan. “You talk about that all the time,” you say. That is true.  Today, however, I am making it personal.  I want YOU to review YOUR plan... Continue Reading →

Post Thanksgiving

We only have a couple weeks before the next major holidays.  Here are 3 ideas that you can quickly implement over the next few weeks to jumpstart 2026. Contact your top 10 clients before the holidays who own nonqualified deferred annuities and schedule a review.  Learn about their purpose and how (or if) that plays... Continue Reading →

Time for the Annual Talk

I shared the way my Dad functions around this time of year back in May in my “Plan Like Dad Post”.  It’s that time again for “Dad’s review” and I want to share it again with you as his simple approach might be just enough to help you jumpstart a conversation in your own household.... Continue Reading →

LTC Awareness Month – The Gateway

We are a couple weeks into long-term care awareness month which means that the holiday season is right around the corner.  Why do I mention the holidays in a conversation about long-term care? It’s because the holidays are when families come together.  Children who do not see their parents on a regular basis are often... Continue Reading →

It’s time to start

According to estimates from the U.S. Department of Health & Human Services, over half of Americans turning 65 today will develop disabilities significant enough to require long-term support and services.  This differs from the oft quoted and heavily criticized statistic of 70% of people age 65 will need some form of long-term support and service... Continue Reading →

A Better Debate

As it happens, in the long-term care benefits game there are really two schools of thought on benefit payouts.  I am talking about a limited (finite) pool of benefits versus an unlimited (lifetime) stream of benefits. I bet that you thinking that I would jump on the indemnity versus cash train ... that is another... Continue Reading →

You can afford that

I read an article in the Journal of Accountancy recently that made me scratch my head and ponder the possibilities.  In the article called “The long term care quandary: helping clients prepare”, a statement was made that I am not fully convinced is a solid “rule of thumb” (their words not mine). “There’s a long-standing... Continue Reading →

My Leverage Conversation

I had a conversation a short time ago with an advisor asked him to prove to me his allocation strategy was solid enough to meet my two basic retirement objectives – income in retirement I will not outlive as well as leave some money for my children and grandchildren. It all went really well until... Continue Reading →

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