While you dream about the leisurely days ahead of you in retirement, it’s also important to think about some of the less glamorous items, including insurance. In this new season of life, your old policies may no longer suit your needs or may come to an end.
So, what types of coverage should you be considering for your golden years? What do you need to keep in mind as you prep for the transition? We’re going to walk you through the fundamentals in today's episode.
Here’s some of what we discuss in this episode:
- Medicare supplement plans for those retiring before 65 + potential pitfalls of forgoing these plans
- The high expenses of long-term care services + the factors that led to rising premiums
- The advantages of older long-term care policies + options to modify coverage to reduce costs
- Life insurance and long-term care combination policies
- Reasons for long-term care insurance in retirement
- The importance of property and casualty insurance + the benefits of umbrella policies
Open Enrollment Season episode
https://doncashpodcast.com/podcast/medicare-mistakes-to-avoid-during-open-enrollment-season/
Get in touch with Don and learn more: https://doncashpodcast.com/
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