Navigating Long-Term Care Insurance: Myths, Strategies, and Protecting Your Financial Future with Matt McCann

Discover the truths behind long-term care insurance with the guidance of Matt McCann, a leading authority in the industry. Together, we'll unravel the myths and confront the denials that can leave families unprepared for the future. This episode promises to enlighten you on how to navigate the complexities of long-term care, from costs and policy types to the emotional toll of caregiving, offering key insights to secure your family's well-being.

Embark on a transformative discussion about the financial strategies that can shield your assets and alleviate the burden on your loved ones. We tackle the repercussions of low-interest rates on insurance pricing and delve into the evolution of underwriting practices. You'll learn the ins and outs of inflation protection, the challenges posed by state-implemented long-term care taxes, and why early investment in these policies is not just smart, but essential. With Matt's expertise, we guide you through the shifting landscape of long-term care, ensuring you're equipped to make informed decisions.

The conversation culminates with a focus on proactive steps to protect your financial future against the unpredictability of health conditions and accidents. We share creative planning methods, such as leveraging tax incentives and structuring payments to benefit future generations. Listen closely as we discuss when it might be too late for insurance and the pivotal actions you can take today. By the end of this episode, you'll have a clearer understanding of how to confidently approach long-term care insurance, and the peace of mind that comes with thorough preparation. 

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Confident, healthy, informed and capable. That's what it means to be Money Chic. Join Financial Advisor Shari Rash each episode as she helps break down financial challenges and questions facing today's families in a no-nonsense way.

Shari will share secrets she has learned through the years about personal finance and show you ways to enhance your life, financial plans, your family's future all to make sure you're Money Chic!

Shari is the founder of Greenway Wealth Advisory Financial

Planning questions? Check out Shari's website and blog at https://greenwaywealthadvisory.com/ .css-j9qmi7{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-flex-direction:row;-ms-flex-direction:row;flex-direction:row;font-weight:700;margin-bottom:1rem;margin-top:2.8rem;width:100%;-webkit-box-pack:start;-ms-flex-pack:start;-webkit-justify-content:start;justify-content:start;padding-left:5rem;}@media only screen and (max-width: 599px){.css-j9qmi7{padding-left:0;-webkit-box-pack:center;-ms-flex-pack:center;-webkit-justify-content:center;justify-content:center;}}.css-j9qmi7 svg{fill:#27292D;}.css-j9qmi7 .eagfbvw0{-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;color:#27292D;}