Long-Term Care Insurance - Pay For It Yourself? Learn from Cardinal Advisors

Cardinal Investors dives deep into the objection of paying for long term care insurance yourself. Why? Why Not? What is the impact of paying for your own long term care insurance? Learn if you're in a position that paying for your own Long-Term Care Insurance makes sense for you and your investments, or if it's better to find another solution! Cardinal Investors have decades of experience with Long-Term Care Insurance payments and their impacts on investment and potential retirement income. Contact us today to learn more! www.cardinalguide.com
Questions? Email us at [e-mail], call us at [phone], or visit our website at cardinalguide.com/
Show Notes: cardinalguide.com/wp-content/...
H E Scheil & Associates doing business as Cardinal Advisors holds an insurance license in all 50 states and DC. Listed below is the license # in each individual state. Alabama 675461, Alaska 100118081, Arizona 1800012348, Arkansas 100104794, California 0K32569, Colorado 464622, Connecticut 2463129, Delaware 1119857, DC 2887040, Florida L087124, Georgia 159539, Hawaii 445296, Idaho 507076, Illinois 100333675, Indiana 721739, Iowa. 1002056691, Kansas. 272705345, Kentucky 738674, Louisiana 614407, Maine AGN249408, Maryland 100048542, Massachusetts 2006645, Michigan 0104206, Minnesota 40411912, Mississippi 15016382, Missouri 8325733, Montana 100126008, Nebraska 100224332, Nevada 1007341, New Hampshire 2315847, New Jersey 1557889, New Mexico 1800010640, New York 1382342, North Carolina 1000092550, North Dakota 2000136230, Ohio 1028975, Oklahoma 100190853, Oregon 100237062, Pennsylvania 589318, Rhode Island 2309277, South Carolina 1907911784, South Dakota 10017719, Tennessee 2252224, Texas 1963111, Utah 513447, Vermont 1038574, Virginia 129027, Washington 864498, West Virginia 100107166, Wisconsin 100192273, Wyoming 275179

[@tomentwistle4487]

Hans, Tom; I've subscribed to, and watched your videos for a few years. Very good information. This discussion is especially useful to me. I'm going to investigate LTC more actively now because you've clarified some of the things I've been thinking about for a while. Thank you for sharing your experiences and insights. You have helped me.

[@mohamoudismail9101]

Hans and Tom,
you both told us very compelling stories that made me reflect (forward) as an 85 or even 95 yr old.
How much is a "large $$$s on self"
What is a reasonable range of of IRA $s to pay for such LTC?
Thank you.

[@CardinalAdvisors]

Please give us a call at 919-535-8261. Tom and Hans would love to speak with you!

[@chessdad182]

Excellent stories. Keep us thinking on this subject.

[@naturalconditions]

Thanks for yet another excellent info video. One thing I got from this I didn't know was the tax deductibility of long term care and home health care. That seems like it amounts to a potential ideal tax arbitrage for 401k funds. Is that correct?

[@CardinalAdvisors]

That is correct

[@chessdad182]

Good point.

[@janicenunn8525]

really good idea to categorize this and have it protected from lawsuits, greedy second spouses and the like; like the party-goer who had one too many and now sues you because he fell on the property banging his knee....or the uninsured driver, etc. remember OJ had big judgment against him but his money was protected by categorization. There are actually doctors offices who specialize in cutting toenails of injured parties such as those who have fallen now using walker and cannot reach their toes easily. Many other cases you don't consider, I am putting money away in this.