481 | Mailbag: Long-Term Care, Aging Parents and their Finances | Danielle Miura

In this episode: caregiving and FI, retirement planning, reverse mortgages, long-term care, and long-term care insurance.

This week we are joined by Danielle Miura to discuss how her experience as a caregiver has impacted her FI mindset, as well as answer listener questions pertaining to planning for your own long-term care while on the path to FI. As you and your loved ones get older, it’s important to start considering what additional finances they may require. From long-term healthcare to assisted living, there are many factors that not only impact their life financially, but could impact you and your FI plans. While it may be uncomfortable to have conversations with loved ones about their finances and expenses, it is imperative to have these discussions early and create a plan that works for you and your family.

• Website: spark-fin.com
• LinkedIn: Danielle Miura
• Twitter: @Daniellemiula

• 1:19 – Introduction
• 2:22 – Caregiving and FI
• 7:28 – Dealing With Poor Retirement Planning
• 15:38 – Reverse Mortgages and Viability of Selling The Home
• 21:41 – Having The Uncomfortable Conversation
• 24:40 – Planning For Your Final Years
• 32:41 – Long-Term Care and FI
• 36:10 – Long Term Care Insurance
• 45:30 – Conclusion

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