Preparing for Long-Term Health Care Expenses

Planning for Long Term Care: Key Insights with Cory Sickles

In this video, Cory Sickles, president of Safe Harbor Retirement Group, discusses the importance of planning for long-term health care. He highlights the high costs and unpredictability of such expenses, especially as people are living longer. Cory also explains the limitations of Medicare and introduces hybrid financial products that offer more flexibility and benefits for long-term care planning. He encourages viewers to seek professional advice to understand their options and prepare adequately for the future.

00:00 Introduction to Long-Term Health Care Planning
00:20 Understanding the Odds of Needing Long-Term Care
00:46 Planning for the Cost of Long-Term Care
01:39 The Shift in Long-Term Care Options
02:33 Funding Long-Term Care: Medicare and Beyond
02:51 Exploring Advanced Planning and Hybrid Insurance Products
03:28 The Importance of Informed Decision Making in Health Care Planning
04:07 Conclusion: Taking the Next Steps in Long-Term Care Planning

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