Claim OwnershipMoving On Mama: Long-Term Care Planning
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© 2021 Moving On Mama: Long-Term Care Planning
Description
Moving On Mama: Long-Term Care Planning is about helping mature women, particularly those tail-end baby boomers aka Generation Jones women, plan for long-term care with a myriad of options that include self-funding, traditional long-term care insurance, hybrid life insurance with long-term care rider, hybrid long-term care annuities, health savings accounts (HSA's), trusts, and more. This show will encourage younger baby boomer women to overcome the fear and procrastination common with long-term care planning by learning from specialists that include Financial Advisors, Elder, and Medicaid Attorneys, Estate Attorneys, and Mental Health Professionals that can walk them through the process of planning for their golden years. Moving On Mama will also shine the spotlight on regular people that have struggled through or triumphed over a number of long-term care scenarios. The role of government in long-term care, the politics of long-term care, and the emerging crises and current policies surrounding long-term care will be discussed, encouraging the listener to then analyze and explore all components of long-term care planning, determining what plan of action is best for them.
13 Episodes
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This episode further elucidates the macro-level impact of politics on your long-term care plan
This episode breaks down levels of wealth based on your investable assets, and why it is vital for you to invest in the services of a financial advisor to retain or maximize your wealth in the face of economic uncertainties
In light of current intraparty and interparty wrangling in Congress over social spending and how it should be paid for, this segment takes a look at Medicare v Eldercare, "a big issue finally resolved" in the words of American attorney and Democratic politician, Rep. Morris K. Udall, 2nd District of Arizona, from March 31, 1965.
In this episode, host Emalyn Glenn discusses the impact government ideology and policies has on human infrastructure spending, with emphasis on elder quality of care.
Annuities specialist, Chauntelle Hardin, explains to listeners how annuities might fit into a long-term care plan.
This segment is a reminder to be thankful if you can afford to fund your long-term care plan. Remember, many others can't.
Financial Advisor, David Snyder, of Ameriprise Financial Services, LLC focuses on Options 1 and 2, Self-Funding and Long-Term Care Insurance, in long-term care planning. You will learn the pros and cons of each relevant to your long-term care plan
Health Savings Accounts and Trusts round out the informational series on funding options for long-term care planning. HSAs are predicated on employment; some 43% of companies offer them. The greatest benefit of HSAs, arguably, is their tax-advantaged status - which is great for those who self-fund long-term care expenses. The downside is out-of-pocket high deductibles in order to qualify for these plans. Charitable Remainder Trusts, where you can transfer your assets in exchange for income that you can draw from for a lifetime to pay for long-term care expenses, may be a good choice for those who don't have children or heirs.
Long-Term Care Annuities is the focus here in your LTCP. The host reflects on Helen Reddy, whose anthem, "I Am Woman" touched a chord with so many Generation Jones women who were adolescents when this song came out. I Am Woman inspired the possibilities of "what could be" for all women along the spectrum.
We examine Long-Term Care Life Insurance as a means for funding your LTCP. You will learn how this plan and its associated options work, along with advantages and disadvantages.
Traditional long-term care insurance is another consideration for LTCP. You will learn what long-term care insurance is, how premiums are determined, the best time to buy, what it covers, tax consequences, and the viability of selecting this option for your LTCP.
This episode details how the show will be structured. The first six episodes of Moving On Mama, (M O M), will be more information-based to give you, the listener, an idea of ways or options to fund your LTCP. Self-funding is the first option discussed in this segment, and you will also learn the various elements of long-term care. The host will conclude this segment with a reflection on the reality of self-funding care that is sure to hit home with Generation Jones women.
Episode 1 of Moving On Mama: Long-Term Care Planning talks about the purpose of the show which is to encourage tail-end Baby Boomer women, aka Generation Jones, to overcome the fear and procrastination common with long-term care planning by learning from those who can walk them through the process. You may be a single, married, divorced, or widowed woman with or without children; working or retired, professional or working class, but this segment reminds you that, statistically, you live longer than men and need to have a long-term plan of care in place in order to live your golden years with grace and not fear.
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