This week, I'm sharing what I learned about public LTC funding in Germany and how it's managed. Their national/local public funding initiative is alreaday underfunded by taxes, and the aging population there is expected to increase by 37% over the next 30 years.

This is miniscule as compared to our aging population in the U.S.

We need to learn from our past mistakes as well as from what other countries are attempting in this arena.

Thank you to the Center for LTC Reform for their articles https://www.dw.com/en/german-nursing-homes-see-cost-for-care-explode/a-73501150 and https://centerltc.com/bullets/archives2003/469.htm

And please schedule some time to Prepare for Your Tomorrow today here

This is an episode from 2020 when I interviewed my travel advisor about COVID or other family health issues interrupting travel plans. He created the best 25th anniversary trip to Europe we could have imagined!

Contact him at c.palogruto@cruiseplanners.com to create your most memorable vacation

We find differences in planning for vacations and planning for our LTC needs. We learn from Carmen Palogruto with Cruise Planners that there are tools available to change travel plans for medical and other reasons. A LTC event cannot be postponed until convenient or affordable. It happens when it happens, and we need to be prepared for that tomorrow.

This week, we're describing who may consider different types of LTC planning strategies and why.

Stand-alone/traditional LTC vs. Hybrid Life/LTC vs. Hybrid Annuity/LTC.

All provide tax-free benefits for extended care needs.

Thank you to https://buddyins.com/ team for creating easy to understand documents that agents can share with their clients.

Listen and consider which category of coverage can fit your needs and financial structure best and let's talk.

Schedule a free consultation to learn more here