Tag: Aging

Long-term Care Planning for The LGBTQ+ Community (Ep. 12)

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!

 

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