“Should I buy long term care insurance?”  I get asked that question at least once a week.  As you prepare for retirement, I’m guessing that question has crossed your mind a time or two as well.

Well, you’re in luck.  I do my best to provide useful resources for my readers (who, like those in Lake Wobegon, are all strong, good looking and above average), so I called one of the country’s foremost experts on long-term care and asked her if she’d be willing to spend some time educating us on the ins and outs of this important area.

She agreed and we scheduled a conference call for June 12 at 11:00 a.m. Central Time.  You’re all invited to attend.  The first part of the call will be informational and then we’ll reserve time at the end for Q&A.  The purpose of the call will be to provide you with information and options.  It will not be a sale pitch.

What we’ll talk about

  • Preparing for when your health changes.
  • How does long term care work?
  • What is the range of care options available today?
  • Who should consider buying a policy?
  • How do Medicare and Medicaid factor into your decision?
  • What types of things should you look for in a policy?
  • When is the best time to apply?
  • How can you protect yourself against the rising cost of care?
  • How much will a policy cost?
  • What percentage of people will need some form of long term care (spoiler alert: 50 percent of men and 75 percent of women)

Call in details

  • The system I’m using has a limit of 96 people per call.  Access will be on a first come basis.
  • The information is free.  Your only cost will be whatever your phone company charges you for a normal long distance call (sorry, but I can’t pick up the phone bill for everyone)
  • The call will be June 12 at 11:00 a.m. Central.  Call in 5 minutes early so we can get everyone situated and start promptly at 11:00.
  • The call in number is (712) 451-6000.
  • After calling the number, you will be prompted to enter your Participant Access Code.  Enter 256869# and you will join the rest of us on the call.
  • If you plan on sitting in on the call and would like a reminder, just email me at joe@intentionalretirement.com and I’ll try to send out a reminder email a few hours before the call.

If you have a specific question you’d like to make sure we cover, email it to me sometime over the next week or so at joe@intentionalretirement.com.  Thanks and I hope to see as many of you as possible on the call.

~ Joe

Quick Note: The material on the call will be for general purposes only.  For specific legal, financial or insurance advice you should contact your attorney or financial adviser.  You can also contact the guest speaker on the call (Marlene Lund) at 402-896-9193 if you have specific long-term care questions.  FYI, I refer clients to Marlene and she and I work together to help them with their long-term care needs.  Because of that, if you end up doing business with Marlene, I will likely receive some sort of compensation.  I just wanted to make that totally clear.  Thanks.

A Brief Guide to Retirement Bliss
One year to live