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🤓 Tax Planning Strategies for Early Retirees with Sean Mullaney 🎓
Forget About Money
Rethinking Long-Term Care and Financial Independence
Long-term care presents significant challenges, but the focus should shift from how to finance it to how to prevent the need for it altogether. Relying on care facilities as a safety net is not a good outcome, especially when it indicates a decline in personal health and inability to perform daily activities. Emphasizing independence is crucial, both in terms of health and financial stability. Individuals must prioritize their health and consider their diet and lifestyle choices that could lead to chronic diseases and ultimately the need for long-term care. Depending on insurance or external support may create a false sense of security, and developing personal responsibility towards one's health should be viewed as essential.
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