Most people will need some form of long term care at some point in their life, and they don’t want to be a burden on their family.

In this episode, Austyn Whittenburg talks with Rick Gallacher, CFP®, to talk about a range of different long term care options, the benefits of the services, and when you need them.

Rick discusses:

• How to get benefits from long term care insurance
  
• The different ways these policies get set up
  
• How tough it can be for informal caregivers
  
• The average costs of assisted living facilities versus at home care
  
• And more
  

Connect With Austyn Whittenburg:

• (801) 839-7056
  
• austyn@whittenburgwealth.com
  
• Schedule A Meeting With Austyn
  
• LinkedIn: Austyn Whittenburg
  
• Whittenburg Wealth Partners
  
• Twitter: Whittenburg Wealth
  
• https://www.whittenburgwealth.com/ltc-pod
  

Connect With Rick Gallacher:

• (801) 839-7057
  
• rick@whittenburgwealth.com
  
• LinkedIn: Rick Gallacher
  

About Our Guest:

Rick Gallacher has experience in the areas of financial modeling, asset allocation, investment selection, estate planning, personal risk management, holistic situation auditing and personal financial reporting. As a licensed CPA, he has proficiency in understanding and applying analysis to the overall economy, capital markets, corporate fundamentals, personal taxation and essential business law.

This material contains only general descriptions and is not a solicitation to sell any insurance product or security, nor is it intended as any financial or tax advice. In addition, state insurance laws and insurance underwriting rules may affect available coverage and its costs. Guarantees are based on the claims paying ability of the issuing company. If you need more information or would like personal advice you should consult an insurance professional. You may also visit your state’s insurance department for more information.

Riders are additional guarantee options that are available to an annuity or life insurance contract holder. While some riders are part of an existing contract, many others may carry additional fees, charges and restrictions, and the policy holder should review their contract carefully before purchasing.