LTC Part 1: A Step-by-Step Process to Determine if You Can Self-Fund for Long Term Care
Stay Wealthy Retirement Podcast
Taylor Schulte, CFP®
4.7 • 678 Ratings
🗓️ 6 July 2021
⏱️ 16 minutes
🧾️ Download transcript
Summary
Today I'm kicking off a two-part series on Long Term Care (LTC).
In part one, I'm sharing:
- LTC statistics that don't often make headlines
- Why everyone (yes everyone!) needs a plan for LTC
- My 5-step process for determining if you can self-fund
If Long Term Care is one of those financial planning items you STILL haven't tackled yet, this series is for you!
Transcript
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| 0:00.0 | Welcome to the Stay Walthy podcast and welcome all of our new listeners. |
| 0:07.3 | I'm your host, Taylor Schulte. |
| 0:08.9 | And before we get into today's topic, I have three important things that I want to share. |
| 0:13.7 | First, I want to extend a very big public thank you to Jeremy Schneider for guest hosting last month. |
| 0:20.8 | I'm constantly amazed by Jeremy's |
| 0:22.7 | kindness and generosity and just truly grateful for his help these last five weeks. Publishing and |
| 0:28.0 | producing five podcast episodes is no small feat and I think he did a tremendous job. I hope you guys |
| 0:34.5 | really enjoyed your time of Jeremy. So please be sure to check out his |
| 0:37.8 | Instagram account at Personal Finance Club and his brand new online course, How to Build |
| 0:43.6 | Wealth by investing in index funds. And speaking of Jeremy's course, the second thing I wanted to |
| 0:48.9 | share is that I've secured 10 course registrations to give away to our listeners for free. |
| 0:55.7 | To claim one of the 10, all you have to do is leave an honest written review of this podcast, |
| 1:01.4 | not just a star rating, but a written review of this podcast in the Apple Podcast app. |
| 1:07.0 | Take a screenshot of it and just email it to podcast at you stay wealthy.com. |
| 1:11.6 | Now, if you don't have an Apple device, either borrow your neighbors or just get creative and find a way to share this show with your friends and family. |
| 1:19.5 | Maybe, I don't know, share a link to the show or your favorite episode on Facebook and send a screenshot to podcast at you stay wealthy.com. |
| 1:29.8 | To be fair to our West Coast listeners that listen and tune in a little bit later than everybody else, I'll wait until the end of the day |
| 1:34.7 | and I'll draw 10 names at random from the screenshots that I receive. Last but not least, as you |
| 1:40.8 | might have heard my wife and I, we welcomed our little baby girl last month. |
| 1:45.3 | Our two boys are officially big brothers to their sister, Cecee, May, Shulte, and we are officially |
| 1:52.1 | done having kids. So thank you to everyone who sent messages and reached out. I really appreciate |
| 1:57.6 | all the support. And I look forward to sharing more photos of Little CC soon. |
... |
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