Saving for retirement can be hard, especially as life spans get longer. In fact, a lot of people lose most or all of their assets by not properly preparing for a long term care situation. They might even plan for the right number of years, but not for the cost of their medical expenses. Today best selling author Kim Butler and No B.S. Money Buy Todd Strobel talk about several different ways we can prepare for long term care and still maintain control of our money and follow the seven principles of prosperity.
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0:35 Asset Based Long Term Care
1:09 Long Term Care Riders in Whole Life Policies
2:21 Asset Based Long Term Care formed with An Annuity
4:13 Looking at Your Situation Wholistically
7:51 Seven Principles & Long Term Care
Disclosure: Our content is meant for educational purposes only. While it’s our goal to help you learn about building a life of prosperity, we do not intend to provide financial advice. Please consult your financial, tax or legal advisor before making any investment or financial decisions.