Social Security is facing insolvency by 2032, Medicare trust funds are running low, and roughly 70% of Americans over 65 will need long term care with no plan to pay for it. So what happens next, and what should agents, advisors, and families be doing about it right now?

Chris Orestis, President of Retirement Genius, joins the Direct Insurance Podcast to break down the longevity crisis facing America and the planning gaps most people do not see coming until it is too late.

In this episode:

• Why retirement is no longer a straight line, and what that means for your money
• The Social Security and Medicare insolvency timeline, and what a 20% benefit cut would actually look like
• Why 70% of people over 65 will need long term care, and why most have no plan to pay for it
• What Medicare actually covers versus what most people assume
• The private pay solutions agents and advisors should be talking about now
• How a well planned retirement can be wiped out overnight when care costs hit

About the guest: Chris Orestis is the President of Retirement Genius, an information and resource platform that helps people build a well balanced retirement through financial, health, long term care, and lifestyle planning.

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