Are you playing it too safe in retirement? In this episode, Mark and Evan discuss why playing it too safe can derail your retirement. Though risk awareness is crucial, we also need allocated funds for long term growth- or else risk outliving our money.

Resources and Next Steps: Visit https://masterplanretire.com/ to access our retirement checklists, podcast episodes, and schedule a complimentary consultation. Call 770-980-9262 to speak directly with our team.

Advisory services offered through MasterPlan Retirement Consultants, Inc., a Registered Investment Advisor in the state of Georgia. Insurance, tax, and commodities services offered through Fricks and Associates, Inc. dba MasterPlan Retirement Consultants. The aforementioned are affiliated companies.

Are you playing it too safe in&nbsp;retirement? In this episode, Mark and Evan discuss why playing it too safe can derail your&nbsp;retirement. Though risk awareness is crucial, we also need allocated funds for long term growth- or else risk outliving our money.
Resources and Next Steps: Visit <a href="https://www.youtube.com/redirect?event=video_description&amp;redir_token=QUFFLUhqblJRTHE1eHlrLXktTXdjUlF3c1h1aWRvR3YzUXxBQ3Jtc0tuZzJUNEdvSXVoN3FWS3ZsclhOY0pueGIzMHhFa1Z0VTBudS02QU05WFY4dHZaSXU2a0N2Y0tPRV9jZGhNQ0RfMFhsVDVTbHpjOENYNEdmdGxLVDV6bENfN1FDUlZXdlVpQmtVR3F6NjZIcEQ2QVFPNA&amp;q=https%3A%2F%2Fmasterplanretire.com%2F&amp;v=6PlxwLJgqUY" data-auth="NotApplicable" data-linkindex="1" data-ogsc="rgb(0, 0, 0)" data-ogsb="rgb(255, 255, 255)">https://masterplanretire.com/</a> to access our retirement checklists, podcast episodes, and schedule a complimentary consultation. Call 770-980-9262 to speak directly with our team.
Advisory services offered through MasterPlan Retirement Consultants, Inc., a Registered Investment Advisor in the state of Georgia. Insurance, tax, and commodities services offered through Fricks and Associates, Inc. dba MasterPlan Retirement Consultants. The aforementioned are affiliated companies.

Get ready for a financial radio program focused on one thing – helping listeners achieve their retirement goals! Tune in every week as we tackle a wide range of financial topics to help you maximize success in retirement, leave a legacy for your loved ones, potentially reduce or minimize taxes, plan for unexpected events and MORE!

Get ready for a financial radio program focused on one thing – helping listeners achieve their retirement goals! Tune in every week as we tackle a wide range of financial topics to help you maximize success in retirement, leave a legacy for your loved ones, potentially reduce or minimize taxes, plan for unexpected events and MORE!

Retirement Roadmap Radio

Miscellaneous audio from Dickey Broadcasting Company - 680 The Fan, Southern Sports Today and The Podcast Park

Miscellaneous audio from Dickey Broadcasting Company - 680 The Fan, Southern Sports Today and The Podcast Park

DBC Audio

The crossroads of business, sports and entertainment.

The crossroads of business, sports and entertainment.

Dickey Broadcasting Company Audio

Retirement Roadmap Radio - Why Playing it Too Safe Can Derail Your Retirement

Long-term care represents one of the biggest threats to a secure retirement, often called the "nuclear button" that can rapidly deplete savings. Hosts Evan and Mark Fricks from Masterplan Retirement Consultants debunk common myths and emphasize that LTC isn't just nursing homes—it's a spectrum including homemaker services ($75,500/year), home health aides ($80,000), adult daycare ($26,000), assisted living ($74,400), and nursing homes (semi-private $110k–$115k; private ~$127k–$130k annually, based on 2025 nationwide averages). Costs vary by region, with higher prices in the Northeast and West Coast.

Traditional LTC insurance has become expensive, with frequent rate hikes and policies sometimes offered buyouts that fall short of real needs. Many families underestimate the burden: roughly 70% of those turning 65 will need some LTC, and a healthy 65-year-old couple has a 75% chance that at least one will require significant care. Relying solely on family or Medicaid often leads to asset spend-down, limited choices, and emotional strain on caregivers. Modern alternatives provide more flexibility without the "use it or lose it" risk. Life insurance with LTC riders (often on a universal life chassis) offers a "three-legged stool": tax-free cash value growth, a death benefit for legacy or surviving spouse, and access to up to 95% of the benefit for care (tax-free, with lighter restrictions). Annuities with LTC riders can double or even triple income streams during care needs while preserving remaining value for beneficiaries. These tools integrate with broader retirement strategies, including income planning and inflation protection.

Planning early expands options, protects assets and family well-being, and avoids forcing loved ones into exhausting caregiving roles. There's no one-size-fits-all solution—strategies must align with income needs, risk tolerance, and legacy goals. The hosts stress consulting qualified advisors and running personalized reports.

All information is for educational purposes only; individual situations vary. Discuss details with a professional before acting. Advisory services by Masterplan Retirement Consultants, a Georgia-registered investment advisor. Not affiliated with the Social Security Administration.

#LongTermCare #RetirementPlanning #LTCInsurance #RetirementRoadmap #BabyBoomerRetirement #MasterplanRetirement #FinancialPlanning #LegacyPlanning #SeniorCare #RetireSecure

 

Long-term care represents one of the biggest threats to a secure retirement, often called the "nuclear button" that can rapidly deplete savings. Hosts Evan and Mark Fricks from Masterplan Retirement Consultants debunk common myths and emphasize that LTC isn't just nursing homes&mdash;it's a spectrum including homemaker services ($75,500/year), home health aides ($80,000), adult daycare ($26,000), assisted living ($74,400), and nursing homes (semi-private $110k&ndash;$115k; private ~$127k&ndash;$130k annually, based on 2025 nationwide averages). Costs vary by region, with higher prices in the Northeast and West Coast.
Traditional LTC insurance has become expensive, with frequent rate hikes and policies sometimes offered buyouts that fall short of real needs. Many families underestimate the burden: roughly 70% of those turning 65 will need some LTC, and a healthy 65-year-old couple has a 75% chance that at least one will require significant care. Relying solely on family or Medicaid often leads to asset spend-down, limited choices, and emotional strain on caregivers. Modern alternatives provide more flexibility without the "use it or lose it" risk. Life insurance with LTC riders (often on a universal life chassis) offers a "three-legged stool": tax-free cash value growth, a death benefit for legacy or surviving spouse, and access to up to 95% of the benefit for care (tax-free, with lighter restrictions). Annuities with LTC riders can double or even triple income streams during care needs while preserving remaining value for beneficiaries. These tools integrate with broader retirement strategies, including income planning and inflation protection.
Planning early expands options, protects assets and family well-being, and avoids forcing loved ones into exhausting caregiving roles. There's no one-size-fits-all solution&mdash;strategies must align with income needs, risk tolerance, and legacy goals. The hosts stress consulting qualified advisors and running personalized reports.
All information is for educational purposes only; individual situations vary. Discuss details with a professional before acting. Advisory services by Masterplan Retirement Consultants, a Georgia-registered investment advisor. Not affiliated with the Social Security Administration.
#LongTermCare #RetirementPlanning #LTCInsurance #RetirementRoadmap #BabyBoomerRetirement #MasterplanRetirement #FinancialPlanning #LegacyPlanning #SeniorCare #RetireSecure
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Retirement Roadmap Radio: Will You Need Long Term Care Insurance? 

One common theme among retirees is the fear of spending money. When one has saved and saved for years to reach the retirement milestone, it can feel counter-intuitive to spend the money you so diligently accumulated. In this episode, Evan and Mark discuss budgeting before and through retirement and that with an income plan, you can use your funds to enjoy the golden years. Most people don't want to take a pay cut in retirement and certainly don't want to lessen their lifestyle when they have worked so hard to be able to enjoy it. Peace of mind is but one benefit of a comprehensive, holistic retirement plan.

Resources and Next Steps: Visit https://masterplanretire.com/ to access our retirement checklists, podcast episodes, and schedule a complimentary consultation. Call 770-980-9262 to speak directly with our team.

One common theme among retirees is the fear of spending money. When one has saved and saved for years to reach the retirement milestone, it can feel counter-intuitive to spend the money you so diligently accumulated. In this episode, Evan and Mark discuss budgeting before and through retirement and that with an income plan, you can use your funds to enjoy the golden years. Most people don't want to take a pay cut in retirement and certainly don't want to lessen their lifestyle when they have worked so hard to be able to enjoy it. Peace of mind is but one benefit of a comprehensive, holistic retirement plan. Resources and Next Steps: Visit <a href="https://www.youtube.com/redirect?event=video_description&amp;redir_token=QUFFLUhqbWNFaXFHOTVVVTBpOXNDNGNMMDhQd1ItczZqQXxBQ3Jtc0tuRkNPVE8wdHh3Z0lEb0lWZzc3MWFuSEFuQndzbkRJVEk3ZUtJOWhiRXRUQ0M3UU1RbUlFbUtaYXA3djMtRUtnTjdwbEF6SHRJSnI5b0JKR3EtMkVHUWY0ZktvV2ROemg4U0JZWU91MXUyb2hPSmdYYw&amp;q=https%3A%2F%2Fmasterplanretire.com%2F&amp;v=ycn7iRfRTWY" data-auth="NotApplicable" data-linkindex="1" data-ogsc="" data-ogsb="white">https://masterplanretire.com/</a> to access our retirement checklists, podcast episodes, and schedule a complimentary consultation. Call 770-980-9262 to speak directly with our team.

Retirement Roadmap Radio - Why Playing it Too Safe Can Derail Your Retirement

Retirement Roadmap Radio

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