plan
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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
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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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Plan & Tell
In the long-term care insurance segment, there has been a bunch of noise (might I say criticism) about how one will receive payment for care (either a cash benefit or as a reimbursement benefit). Let’s be serious about this … when you need a source of money for care, does it really matter if it… Continue reading
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The Fed says …
Last week, I shared my opinion that we need to stop battling over which product design is best along with which claims payment methodology is superior. You know the stuff that we battle over inside the product ring. I also stated that we need to put our focus on planning. I’ve put some thought into… Continue reading
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Cost of informal care
As you can tell, I have focused much of my Fridays with Fisher discussions on informal caregiving. This is inspired by the changes to Asset Care where informal care is covered benefit with a zero day elimination period! To learn more about the informal care benefit with Asset Care 2024, contact my internal sales partner… Continue reading
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Informal Care – Caregiver Training?
Last week, I talked about informal care, the OneAmerica Financial 2024 Caregiver Study, how it might work in my case, and how Asset Care 2024 provides funding for informal care. If you will recall, 63% of informal care is provided by a family member and 27% comes from their spouse. These stats and more can… Continue reading
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A little about informal care
Last week, I talked about a variety of types of care that are available when an extended care / long-term care situation arises. Remember, there are two types of care – formal and informal. As a reminder, informal care is the most prevalent care provided and it generally comes from an untrained individual like a… Continue reading
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Levels of Care
Last week, I shared with you a bit about Asset Care 2024 and how it offers more than simply money to pay for care. I shared the care benefit concierge (claims concierge), coordination of benefits provision, and caregiver consultant for those who elect informal care. One thing that I neglected to include in the Fridays… Continue reading
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More About Planning
When most people hear the word long-term care, where does their mind go? Continue reading
Fridays with Fisher 