Long-Term Care Insurance Now
Welcome to Long-Term Care Insurance Now. Your trusted source for the latest insights, updates, and expert guidance on long-term care insurance. This show aims to break down everything you need to know to make informed decisions about protecting your future.
Hosted by Scott A. Olson, CLTC, a nationally recognized expert with over 25 years of experience in the field. His work has been featured in the New York Times, among other national and trade publications. Scott has helped thousands of individuals and families navigate the complex world of long-term care planning.
Episodes
131 episodes
Can Putting Your House in an Irrevocable Trust for Medicaid Backfire?
Is locking your house into an irrevocable trust really the best way to protect your assets from long-term care costs? Long-term care insurance expert Scott A. Olson breaks down the hidden risks of using Medicaid asset protection trusts, includi...
Can You Use an HSA to Self-Insure for Long-Term Care? (Why the Math Fails)
Can you really self-fund your long-term care by investing in a Health Savings Account instead of buying insurance? In this episode, Scott A. Olson breaks down the flawed logic behind using an HSA for long-term care and reveals why this strategy...
Is Long-Term Care Insurance Harder to Buy? Why Clark Howard Got It Wrong!
Is long-term care insurance truly harder to buy, or are common financial myths steering consumers in the wrong direction? Scott A. Olson breaks down a recent Clark Howard article to debunk major misconceptions around modern underwriting, Medica...
The Care Circle & The Administrative Burden of Aging
In this episode, Scott A. Olson, co-founder of LTCShop.com, debunks the myth of self-funding long-term care and explains why every successful plan requires legal care documents, funding and a dedicated care circle. Through real-life stories, Sc...
Why You Can’t (and Shouldn’t) File an LTCi Claim Alone
Filing a long-term care insurance claim can be an overwhelming administrative battle for family members, especially when the policyholder is already facing severe health or cognitive decline. In this episode, Scott A. Olson, co-founder of LTCSh...
Why Donna Chose Traditional LTCi Over a Hybrid After Her Husband’s 7 Years of Care
In this episode, long-term care specialist Scott A. Olson breaks down the real-life client profile of "Donna," a 70-year-old widow who secured over $250,000 in long-term care coverage despite recent mobility challenges. Scott debunks common hyb...
Why Self-Insuring for Long-Term Care Makes No Sense (Even with an 8-figure Net Worth)
In this episode, Scott A. Olson breaks down why self-insuring for long-term care often fails to make financial sense, even for individuals with an eight-figure net worth. Drawing from a Bogleheads forum debate, this video reveals how maintainin...
Busting Common LTCi Myths: What if the insurance company goes out of business?
In this episode of Long-Term Care Insurance Now, nationally recognized expert Scott A. Olson addresses the top objections and fears consumers face when considering long-term care insurance. Scott cuts through industry myths to break do...
IUL vs. True Hybrid LTC: Head-to-Head $150,000 Case Study (Gene's Story) Part 2
What happens when you ask a financial generalist for long-term care insurance? In Part 2 of this head-to-head comparison, Scott A. Olson contrasts an Indexed Universal Life (IUL) policy sold to a 54-year-old with a true, asset-based long-term c...
The $150,000 IUL Trap: Why Chronic Illness Riders Fail at Age 80 (Gene’s Story) Part 1
In this episode, Scott A. Olson breaks down a real-world case study of "Gene," a 54-year-old who set out to protect his savings from future long-term care costs but was sold an Indexed Universal Life (IUL) policy. Using his "Seven K.E.Y. Questi...
Why 95% of Financial Advisors Recommend the Wrong Long-Term Care Policy (Case Study: Tony & Natalie)
In this episode, long-term care insurance expert Scott A. Olson uses a real-world case study to reveal how a pitch for life insurance with a chronic illness rider falls short as a long-term care strategy. By putting the proposal through his Sev...
Lapsing at 84: Is Your Life Insurance Policy a Ticking Time Bomb?
In this episode, long-term care specialist Scott A. Olson shares a real-world case study about a couple who bought a hybrid life insurance policy, only to realize it still left them vulnerable to long-term care costs. By subjecting their policy...
Seven K.E.Y. Questions for Long-Term Care Planning (Part 3)
In this final episode of our miniseries, we reveal the last two crucial questions you must ask before purchasing long-term care insurance. Scott exposes dangerous premium traps and contrasts the real costs of different inflation protection ride...
Seven K.E.Y. Questions for Long-Term Care Planning (Part 2)
In this episode, Scott A. Olson breaks down the three critical questions you must ask about any long-term care policy, including how to verify your monthly maximum benefits and safeguard your total pool of money against compounding inflation. S...
Seven K.E.Y. Questions for Long-Term Care Planning (Part 1)
Are you confused by the jargon and sales pitches surrounding long-term care insurance? Join expert Scott A. Olson as he breaks down the first two of seven critical questions you must ask before purchasing a policy to ensure you aren't being ste...
The Hidden Trap in the New York Long Term Care Trust Act
In this episode, long-term care expert Scott A. Olson breaks down the proposed New York Long-Term Care Trust Act and the potential impact it could have on your paycheck. Modeled after a similar program in Washington State, this legislation woul...
Episode 100 Celebration: Scott Answers Your Questions (Part 3)
Welcome to the 100th episode celebration of LTCi Now! In this special episode, Scott A. Olson wraps this series up by pulling back the curtain on long-term care planning and content creation. He also reveals the surprising lack of education amo...
Episode 100 Celebration: Scott Answers Your Questions (Part 2)
Welcome to the 100th episode celebration of LTCi Now! In this special Q&A series, Scott A. Olson dives into the common questions you ask about long-term care insurance and this show. In this episode, he dives into his personal journey speci...
Episode 100 Celebration: Scott Answers Your Questions (Part 1)
Welcome to the 100th episode celebration of LTCi Now! In this special Q&A series, Scott A. Olson dives into the common questions you ask about long-term care insurance and this show. He shares the story behind the founding of LTCShop.com, t...
Chronic Illness Traps! Inflation: The Silent Killer of Your Retirement (4 of4)
In this episode, long-term care expert Scott A. Olson highlights how inflation acts as a silent killer for retirement plans. This is particularly true when choosing how to fund your long-term care. He shares a real-world example of a client who...
Chronic Illness Rider Traps! Don't Buy A Policy with an Unknown Benefit Amount (3 of 4)
Long-term care expert Scott A. Olson exposes another hidden trap of using universal life insurance with chronic illness riders to fund your future care. Sharing a personal story of a policy he bought and quickly canceled, Scott reveals how the ...
Chronic Illness Rider Traps! The Hidden Flaws Your Financial Advisor Doesn't Understand (2 of 4)
Don't let an "A-to-Z" generalist financial advisor sell you a policy that gambles with your retirement safety net. In this episode, Scott A. Olson breaks down why a chronic illness rider is, at best, a mediocre substitute for true long-term car...
Chronic Illness Rider Traps! The Risks of Using Life Insurance for Long-Term Care (1 of 4)
Scott A. Olson, co-founder of LTCShop.com and author of "Long-Term Care Insurance NOW!", pulls back the curtain on why using an indexed universal life policy and a chronic illness rider is often a massive retirement trap. He exposes how these n...
"I’m 55, married and want a $1.5 million long-term care policy."
In this episode, Scott A. Olson breaks down a recent MarketWatch article to clear up common misconceptions about long-term care insurance. He highlights how the author completely overlooked the power of a shared benefit rider, which allows a ma...