In this economy, it's even more important to have a plan

In this economy, it's even more important to have a plan

Author: Diane Stoddart, Certified Long Term Care Consultant, CLTC April 10, 2025 Duration: 9:34
This week, I'm hearing that people want to plan for potential LTC needs, but they are afraid to do that today because of our uncertain economy and stock market fluctuations. It's more important than ever to own our own plan today. Federal programs are being gutted, and Medicare and Medicaid are the two biggest expenses on the federal budget. Medicaid is not going to do more in the future. People who thought thay had enough savings to self fund care are seeing today that that should not be a lone solution. Those who are drawing from retirement accounts today to pay for care will have no opportunity for a rebound. That money is GONE! There aren't enough professional caregivers today to keep up with demand. We need to be our own advocates and plan for future care needs. We're going to get through this, and many of us will continue to live a long life. When we live a long life, we get old. And when we get old, we need help living. It's much easier to get help when we plan ahead. Schedule with me today here

Diane Stoddart brings a professional yet deeply personal perspective to the complex world of long-term care planning in Preparing For Tomorrow podcast. As a Certified Long Term Care Consultant, she understands that preparing for future care needs involves more than just finances-it's about safeguarding your family's well-being and peace of mind. Each conversation cuts through the industry jargon to clarify the real options available, from insurance products to legal strategies, all aimed at protecting your life savings from being depleted by unexpected care costs. You'll hear Diane break down essential concepts and terms, making a daunting subject feel manageable and urgent. Alongside expert guests, she explores the emotional and physical dimensions of caregiving, offering a holistic view that acknowledges the full weight of these decisions. This isn't about fear; it's about empowerment through knowledge. Tuning into this podcast provides a straightforward guide to creating a practical plan, ensuring you can face tomorrow with confidence rather than anxiety, knowing your loved ones and your legacy are secure.
Author: Language: English Episodes: 100

Preparing For Tomorrow podcast
Podcast Episodes
What if I die before using all my LTC benefits? [not-audio_url] [/not-audio_url]

Duration: 9:40
Teresa wants to know what happens to any LTC benefit money she doesn't use. There are plans that pay your family back if no care or little care is needed, but that's not why we buy insurance. Insurance by definition is a…
When I Met Alzheimer's Face to Face [not-audio_url] [/not-audio_url]

Duration: 27:18
We have a lot of new listeners, so I'm taking you back to one of our earliest episodes to share my "Why". I became a long term care specialist because my heart yearns to help you not go through what I and my family went…
I promised your mom [not-audio_url] [/not-audio_url]

Duration: 10:42
This week, I'm sharing updates on the four clients with LTC claims that we shared on February 22nd. I have been walking with these families as they prepare for and begin extensive caregiving needs for their moms and wive…

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