Long-term Care Planning for The LGBTQ+ Community (Ep. 12)
As we age, the need for care and support becomes more pronounced, but for LGBTQ+ older adults, this journey can be marked by unique challenges.
What are the right steps we can take for a secured future?
In this episode, Tim Volk explores the intricacies of long-term care and aging, emphasizing the importance of planning for the future. He also gives surprising statistics about the challenges faced by LGBTQ+ older adults in long-term care facilities. Additionally, Tim highlights the power of insurance in providing financial security and peace of mind and the need for risk management.
Tim discusses:
- The concerns and actions needed to address the rising costs of long-term care
- The concept of Blue Zones, areas where people live longer, and the common factors among them, such as a sense of community and taking care of each other
- The difficulties faced by LGBTQ+ older adults
- The different types of long-term care insurance coverage
- The idea of creating a communal living situation or support network within the LGBTQ community
- The cost-benefit analysis of insurance and how it protects individuals and those around them
- And more!
Resources:
- Aging With Dignity as an LGBTQ+ Person with Arden O’Connor and Sam Van Kalkeren (Ep. 4)
- Creating a Dream Family through Alternative Parenthood With Arden O’Connor (Ep. 5)
- Your Relationship With Money Part 1: Scarcity & Abundance With Jill Shipley (Ep. 9)
- Your Relationship With Money Part 2: Redefining Success With Jill Shipley (Ep. 10)
- How Financial Planning Can Benefit The LGBTQ+ Community With Ben Galloway (Ep. 11)
- Blue Zones Netflix Documentary
Connect with Tim Volk:
- T. Volk & Company
- LinkedIn: T. Volk & Company
- LinkedIn: Tim Volk
- tim.volk@tvolkco.com
- Phone: 312-636-5855
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