The Clark Howard Podcast cover image

08.12.25 Is the 60/40 Rule DEAD? and Inheriting Money The Right Way

The Clark Howard Podcast

00:00

Navigating Financial Care for the Elderly: Strategies for Asset Allocation

This chapter discusses the financial planning requirements for elderly individuals in memory care, emphasizing long-term care insurance and asset management strategies. It explores a specific case where a caretaker seeks guidance on balancing cash holdings and investments to ensure adequate funding for their aging relative's care.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app