Research shows that many caregivers, often tending to aging parents, are forced to reduce their work hours or leave their jobs entirely. This episode delves into the financial implications of caregiving, such as the average annual out-of-pocket costs of $7,200, and offers practical strategies to help ensure your retirement planning stays on track despite these challenges.

Steve shares his personal experiences and insights into long-term care planning, discussing various financial tools and strategies that can help mitigate the costs associated with caregiving and long-term care. From understanding ways to leverage annuities and life insurance for long-term care to navigating the complexities of claiming Social Security and estate planning, this episode is packed with  experienced professional advice to help you preserve your financial future. 

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