Long-Term Care Insurance - Pay For It Yourself? Learn from Cardinal Advisors

[@michaelh2798]

Thanks again for great information, love your channel

[@chessdad182]

Excellent stories. Keep us thinking on this subject.

[@naturalconditions]

Thanks for yet another excellent info video. One thing I got from this I didn't know was the tax deductibility of long term care and home health care. That seems like it amounts to a potential ideal tax arbitrage for 401k funds. Is that correct?

[@CardinalAdvisors]

That is correct

[@chessdad182]

Good point.

[@tomentwistle4487]

Hans, Tom; I've subscribed to, and watched your videos for a few years. Very good information. This discussion is especially useful to me. I'm going to investigate LTC more actively now because you've clarified some of the things I've been thinking about for a while. Thank you for sharing your experiences and insights. You have helped me.

[@mohamoudismail9101]

Hans and Tom, you both told us very compelling stories that made me reflect (forward) as an 85 or even 95 yr old. How much is a "large $$$s on self" What is a reasonable range of of IRA $s to pay for such LTC? Thank you.

[@CardinalAdvisors]

Please give us a call at 919-535-8261. Tom and Hans would love to speak with you!

[@janicenunn8525]

really good idea to categorize this and have it protected from lawsuits, greedy second spouses and the like; like the party-goer who had one too many and now sues you because he fell on the property banging his knee....or the uninsured driver, etc. remember OJ had big judgment against him but his money was protected by categorization. There are actually doctors offices who specialize in cutting toenails of injured parties such as those who have fallen now using walker and cannot reach their toes easily. Many other cases you don't consider, I am putting money away in this.