Securing Your Future: The Benefits of Long Term Care Planning
Our weekly #CreditChat started in 2012 to help our community learn about credit and important personal finance topics (e.g. saving money, paying down debt, improving credit scores). Each chat is hosted by @Experian on X (formerly Twitter) and all are welcome to participate. DM us any questions.
Join us for an important conversation where we’ll explore the importance of preparing for future health and financial needs. Whether you’re planning for yourself or a loved one, we’ll cover key strategies to ensure peace of mind, protect assets, and maintain independence as you age.
Topic: Securing Your Future: The Benefits of Long Term Care Planning
When: Wednesday, October 23, 2024 at 3 p.m. ET.
Where: Join the live hashtag discussion
The panel will include: Danielle Miura, CFP®, MSFP, EA: Founder of Spark Financials; Catherine Valega, CFP®, EA, CAIA: Wealth Consultant at Green Bee Advisory; Dr. Barbara O’Neill, CFP®, AFC®, CRPC, CPFFE: Owner and CEO of Money Talk; Scott A. Olson, CLTC: Long-Term Care Planning Expert, Author and Co-Founder of LTCShop.com; Rod Griffin: Senior Director, Consumer Education and Advocacy, Experian; Jennifer White: Consumer Education and Advocacy Team, and Christina Roman: Consumer Education and Advocacy Manager at Experian.
Gift Card Giveaway
Enter here for a chance to win a $50 Amazon gift card! We will be announcing a winner at the end of the chat. Entry Period: Raffle open now and closes at the end of this chat at 4 p.m. ET.Complete rules here.
Questions we will discuss:
1. What is long-term care planning, and why is it important for financial security as we age?
2. At what age should individuals start considering long-term care planning, and why is early planning beneficial?
3. How can long-term care planning help reduce the financial burden on family members?
4. What types of services are typically covered under long-term care plans?
5. What are the differences between long-term care insurance, Medicare, and Medicaid when it comes to covering long-term care needs?
6. What are the different options available for long-term care, such as in-home care versus assisted living facilities?
7. Where can you go for advice about long-term care planning and the potential costs involved?
8. Where can you access long-term care services if you find yourself suddenly in need?
9. What are some common misconceptions about long-term care planning that people should be aware of?
10. What final tips can you share about the benefits of long-term care planning?
Check out our complete list of upcoming personal finance Twitter chats here.