In this important discussion, we focus on "long term care awareness", especially relevant during Long-Term Care Awareness Month. We examine the critical aspects of "long term care" and effective "financial planning" strategies that align with a minimalist approach to "personal finance". Learn practical insights on "how to save money", drawing from a thoughtful, careful spending philosophy.PS. Asset-based long-term care combines care coverage with savings or life insurance, so you don’t risk wasting premiums if you never need care.Do You Have Questions? Scheduele a FREE 15-minute call: https://calendly.com/charlesdzama/complimentary-15-minute-phone-call-youtubeOr text your Name, Last Name, & Email to (949) 359-5100 so our team can help you schedule a FREE 15-minute callNewsletter: https://cdfinancial.com/newsletterSocials:Instagram: https://instagram.com/cdfinancial.llc/Facebook: https://facebook.com/cdfinancialLinkedIn: https://linkedin.com/company/cd-financial👋 WHO AM I?CD Financial helps federal employees and near-retirees create sustainable, tax-smart retirement income. Expect weekly strategies on 401K, FERS, TSP, Social Security timing, tax planning, and health-meets-wealth habits—clear, practical, compliant.⏱ TIMESTAMPS0:00 Why Long-Term Care Awareness Month Matters0:33 A Minimalist’s Approach to Spending and Protection0:59 Why People Dislike Traditional Long-Term Care Insurance1:22 How Long-Term Care Fits Into Your Charted Retirement Course1:43 When a $6,000/Month Care Bill Hits Your Retirement Plan2:16 The Impact on Spouses, Adult Children, and Family Caregiving2:58 Option #1: Traditional Long-Term Care Insurance — Main Drawbacks3:18 Option #2: Life Insurance with a Long-Term Care Rider — How It Works4:18 Option #3: Asset-Based Long-Term Care — “One-and-Done” Strategy4:48 Protecting Your Plan and Loved Ones — Why This Conversation Matters5:18 Final Thoughts, How to Get Help, and “You Don’t Have to Work Longer” ReminderAdvisory services are offered through CD Financial LLC dba CD Financial, an Investment Advisor in the State of California. Insurance products and services are offered through CD Financial & Insurance Services LLC, an affiliated company.Opinions expressed herein are solely those of CD Financial and our editorial staff. The information contained in this material has been derived from sources believed to be reliable but is not guaranteed as to accuracy and completeness and does not purport to be a complete analysis of the materials discussed. All information and ideas should be discussed in detail with your individual adviser prior to implementation.Support the show