Get Your House In Order – Retiree Insurance

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What types of insurance 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.

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, covering health insurance, long-term care insurance, life insurance, and more.

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

 

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ABOUT YOUR HOST...

Donald W. Cash – CPA, CFP®, is an independent advisor. After graduating from Rutgers University, he began his career in 1985 as an accountant. In 1990, he entered the field of Estate Planning, concentrating on long-term care planning. Don has been advising clients in the baby boomer and retirement market for 20 years. He has helped over 1,000 families with their planning needs.

Don advocates for a holistic approach to Estate and Financial Planning and has relationships with other professionals including Attorneys, CPA’s, Mortgage Specialists, Insurance Specialists and Asset Managers.

He is married to Cathy and they have 4 children, Carly, DJ, Nick and Tori. They live in Freehold, NJ.

Don't Stop Here...

Get Your House In Order – Goodbye Tax Season, Hello Tax Planning for 2024

As we approach the first week of May with tax season behind us, it’s the perfect time to look ahead. With the Tax Cuts and Jobs Act set to expire at the end of 2025, some big changes are in store for the next two years from a tax standpoint. In today’s episode, Don will dive into the changes you need to be aware of for 2024 and beyond.

WAYS TO CONTACT

(732) 784-2867

don@donaldcash.com