The Stepping In It Podcast with Renee Schulte & Jason Haglund

155. Why Every Family Needs a Caregiving Plan Before It's Too Late: With Raymond Lavine

Renee Schulte

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0:00 | 35:50

Most people spend years planning for retirement but very little time preparing for the possibility of needing care. In this episode of Stepping In It, Renee Schulte and Jason Haglund welcome extended care benefits advisor Raymond Lavine for a practical conversation about why every family needs a caregiving plan. From understanding the true costs of long-term care to creating environments that allow people to age with dignity, Raymond shares why planning isn't just about insurance—it's about protecting your independence, your family, and your legacy. Whether you're caring for aging parents, thinking about your own future, or hoping to preserve a family farm or business, this episode offers valuable insights into one of the most important conversations families often avoid.

In this episode, you will be able to:
Understand why caregiving planning is about far more than long-term care insurance.
Learn how preparing your home and finances today can preserve independence later.
Discover the financial realities of long-term care and why early planning matters.
Explore how caregiving impacts families emotionally, financially, and practically.
Gain insights into protecting family assets and creating a plan that reflects your personal goals and values.

The key moments in this episode are:
00:00:00 – Introduction & Corn Sweat Farmer Update
00:03:15 – Meet Raymond Lavine & His Work in Extended Care Planning
00:07:15 – What Caregiving Really Means Beyond Insurance
00:12:20 – Aging in Place, Home Modifications & Protecting Family Farms
00:17:30 – The Financial Reality of Long-Term Care Costs
00:22:10 – When Should You Start Planning for Care?
00:27:30 – Building a Personalized Caregiving Plan
00:31:30 – Raymond's Book, Resources & Final Takeaways

Links:
https://lifehappens.org/long-term-care-insurance-101/how-much-does-long-term-care-cost/ 
https://investor.genworth.com/news-events/press-releases/detail/1005/long-term-care-costs-increase-in-iowa-on-par-with-national 
https://www.milliman.com/en/insight/2025-milliman-long-term-care-index  

Connect with us: 
https://ruralpolicypartners.com/ 
https://www.linkedin.com/linkedin.com/company/rural-policy-partners/ 
https://www.facebook.com/facebook.com/ruralpolicypartners
https://www.youtube.com/@ruralpolicypartners

Watch this episode on YouTube: https://youtu.be/SLqE6OQ6sfI