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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