Latest / Money In Motion with Klaas Financial / The Insurance You Actually Need

Transcript

The Insurance You Actually Need · Money In Motion with Klaas Financial

0:00
This is money in Motion with Class Financial, a fun and informative show designed
0:06
to help you get answers to all your retirement questions in one place. That
0:10
means also our phone lines are open for you right now at six o eight
0:14
three two one thirteen ten. That's three two one thirteen ten. Love to
0:18
get you on the air this morning with our retirement planning professionals from Class Financial,
0:22
CJ. Class and Malia Quavis. I got a telephone ober to join
0:25
the program. Get on the air six o eight three two one thirteen ten.
0:29
That's three two one thirteen ten. You can learn more about Class Financial
0:32
on the website Class financial dot com. That's klaas financial dot com. Great
0:38
website to learn more about Class Financial their separate divisions. Also an opportunity to
0:41
listen back to this and previous shows podcasts and subscribe RT online and and another
0:47
opportunity on the website Class financi dot com. Sign up for the weekly Market
0:51
Pulse newsletter. It's a fantastic weekly snapshot email that you received of what's been
0:55
going on the markets. Also a link to the most recent podcast. Again
0:58
that all available to you at class financial dot com. Speaking if things available
1:02
to you that first appointment at Class Financial. It is available to you at
1:04
no charge, complimentary all I gotta give a call six o eight four four
1:08
two five six three seven at six eight four four two five six three seven
1:14
and joining this morning as mentioned our our retirement planning professional CJ Class and Malia
1:18
Quavis CJ. How are you doing today? Doing great? How are you
1:21
searing? I'm doing really well. Great to chat with you, and this
1:23
week we're going to be talking about some insurance strategies for retirement planning, and
1:27
insurance can be nice. Sometimes they've got nice features, like things like roadside
1:30
assistance. Malia speaking up, how are you this morning? How is your
1:37
day? Yeah? So I just got a flat tire on the freeway and
1:40
ironically, I just had told my adult children yesterday. You know, I'm
1:45
gonna let them start paying for their own triple A and they will decide if
1:49
it's valuable or not, because if you're not paying for something, you don't
1:52
equate the value. Well guess what, it's valuable, folks. Now,
1:57
that's why they should keep paying for their own. It's great, it's great
2:01
to have you both. Long and Yeah, we talk about the of course
2:05
as mention we're gonna talk about some insurance strategies for retirement planning, and of
2:07
course I talk about things that are great value and great opportunities in weighing those
2:13
things. As always, if you ever have questions about the program, right
2:15
think about retirement planning. Of course, we've got a retirement planning professionals,
2:19
Malia and CJ with us this week, and they'd love to chat with you
2:22
and answer your question at six or eight three two one thirteen ten. That's
2:24
three two one thirteen ten. Mentioned all the great resources available to you.
2:29
Haven't mentioned yet the Class Quiz question a week. It's a great opportunity for
2:31
you to win a fantastic prize, and our friends at Class Financial have provided
2:35
another one this week at twenty five dollars gift card to target. I'll tell
2:38
you a little bit later on the program how you can win that gift card
2:39
with the Class Quiz Question the week. Little tip though, if you listen
2:43
closely to the show, both the question and answer come up oftentimes during the
2:46
program and before we are rolling on this week's conversation, Malia, let's take
2:50
a look back at last week's Class Quiz Question the Week and get the question
2:53
and the answer there as well. Yeah, So last week we had a
2:55
conversation about how you can do some mid year tax planning our favorite word,
3:00
taxes, and so the question of the week was what does the IRS do
3:05
date for twenty twenty three income taxes to be filed in twenty twenty four,
3:09
So shout out to Jeremy of Middleton. He correctly answered April fifteenth, twenty
3:15
twenty four. It's not always the fifteenth, so next year it actually is,
3:20
So congratulations to him. Listen carefully to today's question and as always a
3:23
very informative and very enjoyable program. You can always listen back at class Financial
3:28
dot com. That's Klaas Financial dot com and as Maleah mentioned, listen closely.
3:31
We'll do another one this week. So this week's conversation is about insurance
3:36
strategies for retirement planning. Are there specific insurance coverages or changes that we need
3:42
to be considering before we retire? CJ. Yeah. I mean, while
3:46
retirement planning looks at the risk of your investments, and certainly it should,
3:52
it's equally important to review what you have previously put into place to address other
3:57
risks through insurance. And part of the reason we say this because your needs
4:01
have likely changed, as have your premiums for that coverage over time. So
4:05
unite might need more or less or different types of coverages than you did when
4:10
you had a young family, or were working, or say had a mortgage,
4:14
and so it's important to just kind of slow down as your nearing retirement
4:17
or entering retirement to look at these Now, we're going to give you some
4:20
categories that we would suggest you evaluate as you get close to retirement. Those
4:26
categories or types of insurance would be health insurance, life insurance, long term
4:30
care insurance, and property and casualty insurance. A lot of people go,
4:34
what's what's property and casualty? Just thank your homeowners and auto insurance and umbrella
4:40
policies things like that. So you know, let's we'll kind of cover each
4:44
one of these areas of a review in order. So beginning with health insurance,
4:50
you know, a big part of retirement planning actually is around health insurance.
4:57
Most people have insurance through their employer as they're working, by the way,
5:01
not all, but most, and then as they're getting closer to retirement,
5:05
they start hearing about this thing called Medicare. And if you haven't heard
5:09
of Medicare, Just wait till you get close to sixty five, because your
5:12
mailbox will become filled with all the pamphlets on Medicare. But as a reminder,
5:16
Medicare is a federal government's health insurance program for people age sixty five and
5:20
older. You can sign up during a seven month window which starts three months
5:26
before your sixty fifth birthday. You can learn about the difference parts of the
5:30
program at medicare dot com dot gov, and then you can stay on top
5:35
of the enrollment period by going to that website. You'll usually pay a higher
5:41
price for Medicare if you enroll late. So as you're getting close to sixty
5:46
five, regardless of where you're getting health insurance from, you're gonna want to
5:48
jump on a Medicare dot gov and make sure that you let them know what
5:54
you're doing regarding your health insurance. Now, if you're not yet turning sixty
5:58
five, you'll want to look at other options for health insurance. Say you're
6:01
retiring at sixty, so perhaps your employer offers something called COBRA, which is
6:08
an eighteen to thirty six months extension of your workplace health insurance, or perhaps
6:14
you're retiring at sixty, but your spouse is still working and you can jump
6:16
onto their group health coverage. Or maybe you're like some of our clients who
6:21
say, no, I just want to get a part time job. I
6:24
just wanted to be out of my full time job, and that part time
6:27
job will offer me health insurance until I turn age sixty five. But here's
6:30
the key. As you get close to retirement, you're going to want to
6:33
have a really firm grasp on what it is and when it is that you're
6:38
going to do it. Regarding health insurance, it is by far the number
6:43
one barrier to an early retirement is not having an awareness around what you're going
6:46
to do for health insurance. And final thing in this category of health insurance
6:51
review would be to sign up for a Medicare supplement or a Medicare advantage plan
6:58
or a prescription plan which is known as an RX or Part D prescription plan
7:01
as you get to Medicare eligibility age. Now, again this is assuming you're
7:05
not on a spouse's plan. This is assuming you're not still working on and
7:10
on a group plan. But the key is going to be as you get
7:13
close to that retirement age and get close to sixty five, you're going to
7:15
want to become aware and probably we would suggest hire a medicare insurance specialists to
7:20
help you make some of those decisions. Really important things to think about as
7:25
we talk this week about some strategies when it comes to planning for retirement,
7:29
insurance strategy specifically, and some of the things you want to be reviewing and
7:32
stay on top of before you enter into retirement, and of course getting yourself
7:35
ready. One of the great things we do each and every week on this
7:39
program is prepare you for different phases, and last week we talk in depth
7:43
about taxes, and of course the cool thing about that is if you miss
7:45
any of the program today or last week or the week before, you could
7:47
always listen back at class financial dot com. That's klaas financial dot com,
7:51
a great website and great resource not only to listen back to the podcast,
7:55
but also get to know the folks at class Financial. Speaking of getting it
7:58
in all the cloaks, folks at Class Financial, they're telephone number six O
8:01
eight four four two five six three seven. No charge for the initial gets
8:05
to know you appointment tech Loss Financial. It will be complimentary to you again
8:07
they're telephone number six O eight four four two five six three seven. Also
8:11
an opportunity this morning if you've got a question for CJ and Malia, we
8:13
would love to get you on the air with our retirement planning professionals are going
8:16
to do is give us call here at station six O eight three two one
8:20
thirteen ten. That's six O eight three two one thirteen ten. We'll get
8:24
you right on the air. We're talking about life insurance and some other types
8:28
of insurance to be considering and thinking about when it comes to reviewing and part
8:31
of your retirement planning strategy. Will do that and take your call next as
8:35
Money in Motion with Class Financial continues right here on thirteen ten WIBA. This
8:43
is Money in Motion with Class Financial, a fun and informative show designed to
8:48
help you get answers to all your retirement questions in one place. S talking
8:52
this morning with our retirement planning professionals from Class Financial, CJ, Class and
8:56
Malia Quavis. The website for Class Financial and check it out if you haven't
9:00
been there yet. This morning claus Financial dot com that's Klaas financial dot com.
9:05
Learn more about the team at Claus Financial. Their separate divisions. Also
9:07
sign up for the weekly Market Pulse newsletter. While you are at the site.
9:11
Claus Financial dot com. Telephone number six O eight four four two five
9:15
six three seven. No charge for financial get to know your appointment at Class
9:18
Financial. It will be complimentary to you again the telephone number six O eight
9:22
four four two five six three seven. Speaking of telephone numbers, great opportunity
9:24
to give us call. Get you on the other this morning with CJ Claus
9:28
and Malia Quavis of Claus Financial. I got it. It's called six O
9:31
eight three two one thirteen ten. At six O eight three two one thirteen
9:33
ten, we'll get you on the air with your question. Talking this week
9:37
about insurance strategies for retirement planning and certain things to be considering before you retire
9:43
and things to think about before you retire. I talked a little bit about
9:46
health insurance, which is, as CJ pointed out, a biggie. What
9:50
about life insurance? Is this something that I need? Is I get into
9:54
retirement? Malia, Yeah, that's a really good question. We should call
9:56
Sean's wife and find out if pos. But a quick disclaimer, while we
10:03
are insurance licensed, we don't personally offer any of these insurances, but we
10:09
can definitely put you in touch with some professionals within our partner network that could
10:13
assist you. So just I wanted to mention that. So with regards to
10:18
life insurance, it's it is preferable to investigate this a few years prior to
10:22
your retirement. If your kids are grown up, your house is paid off,
10:26
and you have enough retirement savings to support you and perhaps your spouse,
10:31
your needs to have it in place may have changed. So that's key here
10:35
may have changed. So the worst thing. I don't want people to walk
10:39
away and go, Okay, I'm just my debt's paid off and there's no
10:43
need for it, and I canceled it, because that's sometimes what I hear
10:45
from people. And they show up and they go, I canceled the life
10:48
insurance. I'm like, did you consult with someone to make sure in your
10:50
situation it makes sense? So you really want to have that evaluated before you
10:56
sign them the data line to cancel something with life insurance, what we want
11:01
you to do as a as a beginning point is look at what you currently
11:05
have in place. Is there cash value on the policies, what amount of
11:11
death benefit is actually sitting there. Is it a term policy, is it
11:15
going to actually stop at a certain point, you know, a ten year,
11:20
twenty year, twenty year term. We want to take a look at
11:24
what your yearly premium is. Is it even worth keeping in place or is
11:28
it a paid up policy. So that's where you might see some cash value
11:31
on that. A big thing we tell people's look at look to see who
11:37
the beneficiaries are on the policies. I recently just had a client lose their
11:43
husband and they found an old life policy. I'm not kidding you. This
11:48
was from like the nineteen forties and there was a five hundred dollars death benefit,
11:52
so it doesn't sound like a lot, but she she researched it and
11:56
found out the beneficiaries were his parents, so not a surprise, and she
12:01
had to work pretty hard to get that five hundred dollars renamed to her as
12:05
a beneficiary. So point being, you know, things got out of whack
12:11
as soon as you get married, or you may you get divorced, or
12:13
you have kids. You want to make sure that those beneficiaries read as you
12:18
want them to read. So we would say retaining some life insurance sometimes makes
12:22
sense to cover your funeral, other final expenses. So that's that's typically what
12:26
we see people retain small policies for just a note, average cost of a
12:33
funeral today runs between eight and ten thousand dollars. Certainly can cost more,
12:37
so that might be a reason you want to hang onto some life insurance if
12:41
you feel like your own assets won't provide for that. So you're gonna want
12:46
to look at as your approaching retirement what financial obligations you still might have.
12:50
So those could be you've got dependence still or maybe your kids just recently moved
12:56
out from your out from your home. You might have some mortgages, you
13:01
might have some businesses you're helping still support. And the real key here is
13:05
an unexpected death could become a huge burden for your spouse, So you want
13:11
to make sure that you you look at the whole picture. Using a life
13:16
insurance policy perhaps to replace a pension, could make sense in certain situations.
13:22
Maybe when you did your your choices for what pension you were going to take
13:24
from your retirement, maybe in fact you took the highest amount for a single
13:30
and maybe you want to have some life insurance there to create a future pension,
13:35
so to speak. If in fact you'd chosen the larger amount. So
13:41
those are considerations. Sometimes we see people use life insurance in the situations where
13:48
they have second marriages children from an earlier marriage. Um, they're they're using
13:54
it for a state planning, so that they're kind of taking care of the
13:58
bulk of who should in what. Remember with estate planning, if your state
14:03
will be subject to taxes estate taxes, if your estate's going to be over
14:09
twelve point nine two million dollars, that might be another reason I have life
14:13
insurance in place to help pay estate taxes. Your errors can use life insurance
14:18
proceeds to pay both state and income taxes on Maybe I raise that they inherit,
14:24
so just because they're inheriting something, it depends what they inherit as far
14:28
as what kind of taxes they may or may not have to pay on it.
14:31
So the one thing most people know about life insurances it does come to
14:37
you tax free. So if you inherit life insurance, you will not have
14:41
to pay income tax on that, which is pretty favorable in most people's minds.
14:46
Talking this morning with CJ. Claus Emily Equivis our retirement planning professionals from
14:50
Class Financial. Go forget. We've got full mines open if you've got questions
14:52
formerly on CJ. Love to have you joined us this morning six or eight
14:56
three two one thirteen ten. That's three two one thirteen ten. Don't forget.
15:00
If you miss partner today's program, or you want to listen back to
15:03
the previous shows, you can always get caught up with the podcast right at
15:05
class Financial dot com. That's klaas Financial dot com. The telephone number six
15:11
O eight four four two five six three seven, No charge for that initial
15:15
gets no employment deck Class Financial. It will be complementary to you again.
15:18
The telephone number six O eight four four two five six three seven to get
15:22
on the air six O eight three two one thirteen ten. That's six O
15:24
three two one thirteen ten. Talk about things like home insurance umbrella policies,
15:30
all the types that car insurance. Also get into long term care insurance policies.
15:35
We'll get those details and take your call next as Money in Motion with
15:39
Class Financial continues right here in thirteen ten wi BA. This is Money in
15:46
Motion with Class Financial, a fun and informative show designed to help you get
15:50
answers to all your retirement questions in one place, talking with our retirement planning
15:56
professionals Malia Quavis c J. Class. Of course they come to us from
15:58
Class Financial to website Class financial dot com. That's klaas Financial dot Com.
16:03
Great website Class Financial dot Com. Are telephone number six O eight four four
16:07
two five six three seven. No charge for financial kits. Know you appointment
16:11
at Claus Financial. It will be complementary to you again the telephone number six
16:15
O eight four four two five six three seven. Talking insurance this week,
16:18
specifically when it comes to insurance, retirement planning and of course when it comes
16:23
to things think about before you retire in the insurance realm. And we talked
16:27
earlier about health insurance and the big costs there that that can add up for
16:33
folks in retirement and the effect that can have on when you retire. What
16:37
about things like long term care insurance policies CJ. Yeah, this is an
16:41
area that again we don't tend to think about when we're when we're younger,
16:47
and becomes really critical as we get closer to retirements. So again at a
16:52
high level you mentioned at SEAN, but we're covering kind of insurances you should
16:56
be reviewing as you get closer to retirement. We mentioned four category. Those
17:00
four categories are health insurance slash medicare as you get to sixty five, Malia
17:03
just went over life insurance, the third categories long term care, and the
17:07
final categories property and casualty. I'm talking about third component now of long term
17:11
care. But if you think of those four three of the four year dealing
17:17
with basically your entire life, health insurance, life insurance, property and casualty,
17:22
pretty much all of your adult life. You're having to deal with these.
17:26
Long term care. Insurance, on the other hand, not so much.
17:29
Often people don't think about this or haven't heard much about it until they
17:32
get older and then and then it's usually, yeah, my aunt Betty or
17:37
my parents ran out of money because they ended up in a nursing home.
17:41
And so here's the point. As you're younger, the risk is not the
17:48
major risk, I should say, is your premature death right, because you've
17:52
got liabilities and dependence. But as you get older, your major risk is
17:56
not death. I mean, this sounds morbid, but if you die,
18:00
your family will probably be fine because you're seventy five and you've paid off all
18:04
your debts and you've got assets, right, So death is not the problem
18:07
when you get older. It is actually not dying but having poor health.
18:12
So I hope everybody understands the framing I'm giving there. The framing is,
18:17
as we get older, the risk is not death. The risk is not
18:21
dying, but having poor health and needing significant care. This is where long
18:26
term care insurance can come into play. So let's dig into that a little
18:30
bit. Long term care includes a range of services that help with daily tasks
18:34
as people get older, such as eating and bathing if you can't do them
18:37
for yourself. How people pay for long term care, whether it be delivered
18:44
at home or in a hospital, assisted living facility, or nursing home,
18:48
it depends on their financial situation and the kinds of services they use. Obviously,
18:52
if you don't have a long term care policy, often you are just
18:56
paying for these services out of your pocket, which can be quite expenses expensive.
19:03
Some people believe that their current health or disability insurance plan or even like
19:07
VA benefits will pay for their long term care needs, and in most circumstances
19:11
the answers know it won't or it's very limited. Long term care benefits are
19:17
separate from your health insurance or Medicare benefits. Often people must rely on a
19:22
variety of payment sources, including personal funds, government programs, or private financing
19:27
options to cover these costs. According to the US Administration on Aging in twenty
19:33
twenty two, seventy percent of sixty five year old will use long term care
19:40
eventually. Let me repeat that. According to US Administration on Aging in twenty
19:45
twenty two, seventy percent of sixty five year old will use long term care
19:51
eventually, and the realities that Medicare will pay very little towards this. However,
19:56
Medicaide, which is the government health insurance pro for low income people,
20:02
will pay for nursing home care, but only after you've spent down most of
20:08
your personal assets. And by the way, once you get on kind of
20:12
the side of the curtain that we're on and you understand how all these programs
20:15
fit together, it actually makes perfect sense. Okay. So the idea being,
20:22
hey, we as a functioning society, if somebody runs out of money
20:26
and has no way to care for themselves and they're eighty five years old in
20:32
super poor health, we should have a program that takes care of them.
20:34
And by the way, we do, however, that program, which is
20:38
taxpayer funded, should not care for millionaires who just decide to give all their
20:42
money away to their kids and you know, have taxpayers pay for their care.
20:47
So there's rules around all of these things that apply, So planning is
20:52
critical. You can do things like save money for long term care. You
20:56
can buy a long term care ensure policy which might have some tax benefits,
21:03
or you can rely on life insurance that includes long term care benefits through something
21:07
called a long term care writer. But here's the key. The first place
21:12
to start is to recognize the risk and determine if there is a need.
21:18
We suggest that you begin with your financial planner and actually not your insurance agent.
21:23
Now. I know there's some insurance agents listening right now, and you
21:26
may not like what I'm saying, so forgive me what. We suggest you
21:30
start with your financial planner on this topic and not your insurance agent, because
21:34
your planner is going to help you assess the risk and other income sources to
21:40
offset that risk, to determine how much long term care insurance you may need.
21:45
Then when you go to the insurance agent, now you're armed with good
21:48
information so that the insurance agent can actually help you purchase an appropriate policy.
21:53
If you don't do that, often the insurance agent is like, Wow,
21:56
I don't know your other sources of income, so I guess we'll just get
22:00
a comprehensive policy. But here's the key. Long term care is one of
22:04
the greatest risks to seniors running out of money. It's not death, it's
22:08
not death, it's actually not dying and ending up in poor health. Important
22:14
perspective this morning, that is for sure, talking this morning with c J.
22:17
Class and Malia Quavis, our retirement planning professionals from Class Financial. As
22:22
we talk insurance this week, don't forget as we've talked a lot of great
22:26
information. Gots more to come as well about this. You miss any part
22:29
of the show, you can always listen back at class Financial dot com.
22:32
That's Klaas Financial dot Com. The telephone number six to eight four four two
22:36
five, six three seven. What about homeowners coverages? You know that?
22:40
How the home insurance and we've got the umbrella policy, car insurance, all
22:44
that stuff, Malia, where do we what do we think on that?
22:47
What do we need to think about in those areas well? Again, the
22:49
whole point of the show today is addressing risks so you want to make sure
22:55
you look at in your own situation what was right perhaps for you before retirement,
23:02
what needs to be adjusted. So we really would recommend you you review
23:07
your deck page declarations page every single year and make sure that you know what
23:14
we're seeing as a huge rise in premiums um. I know mine just went
23:17
up exponentially, so I already put a call into my agent. But most
23:23
people really have experienced home insurance rate increases of hundreds or even thousands of dollars
23:29
in the last couple of years. Inflated construction costs certainly have something to do
23:34
with that, but more than that, we see the changing climate you know
23:37
from hurricanes, wildfires, etc. That that home insurance is really being expanded
23:45
across the country as far as an increase in premiums, whether you had had
23:48
had any type of charge to it or not. So you need to take
23:52
that into account. And I always tell people, look at what would the
23:57
replacement cost of your house actually be, you know your area, and all
24:03
policies have an automatic inflation factor on them, and sometimes they're totally in line
24:11
with what's going on, and sometimes they're really not. So you know,
24:14
if it's only going to cost five hundred thousand to rebuild your home, and
24:18
it's telling you it's going to be a million dollars they're providing coverage for.
24:21
You might want to question that. And then also evaluating your deductibles. Maybe
24:26
before you're retired, you were comfortable with a thousand dollars deductible or more.
24:30
But now that you're going into retirement trying to watch your expenses, maybe you
24:34
want to bring the deductible down. How will that affect a premium? So
24:38
you just want to understand what you have and maybe what you actually need.
24:45
We also tell people be aware of the discounts available. Honestly, sometimes they
24:51
don't ask you. You have to ask them. You know I have an
24:52
alarm system, perhaps I put on a new roof, etc. Etc.
24:57
So make sure that you are up to date with what you could actually get
25:02
savings for. Then we tell you look at your umbrella insurance coverage. You
25:07
know, if you're raising if you raise teenagers, maybe you guys were into
25:11
boating, you need to have umbrella insurance coverage to cover over and above what
25:15
your liability policies cover for your homeowners. Well, maybe the kids have grown
25:22
up, they've gone Hopefully you're getting ready to retire, that might be some
25:25
coverage you might want to dismantle. And then finally, car insurance. Now
25:30
again, no matter how old of a car you have, you have to
25:33
look at that. You often will generally have both comp and collision. Well
25:38
usually if your car is more than ten years old, you may want to
25:42
look at dropping that comprehensive coverage because you're not going to get much to replace
25:48
your car, so look at that as a way to reduce. Also,
25:52
look at perhaps some opportunities to save money by taking a defensive driving course through
26:00
AARP or triple A. They offer those courses. You might save some money
26:03
there. And then finally, one little thing is if you're no longer driving
26:07
to work every day, you may be able to change your driving habits on
26:14
your insurance coverage to suggests for pleasure versus work and you might see some savings
26:18
there. So just take a really close look at things. Shop at you
26:23
know, every couple of years, make sure you're getting the best rates for
26:26
your important coverages. Great tips this morning from la Quavis and c J Class
26:30
our retirement planning professionals from Class Financial to website class financial dot com. That's
26:34
Klaas Financial dot com telephone number six O eight four four two five six three
26:41
seven. No charge for that initial get to know your appointment dot class Financial.
26:44
It is complimentary to you again the number six O eight four four two
26:48
five six three seven. Want to hold on to that telephone number as well,
26:51
because it's time now for the Class Quiz question of the week. It
26:53
works like this. In just a moment, I'll ask you the class quis
26:56
question weak. You'll then have thirty minutes from the end of today's program to
26:57
call the Class Financial office right here in Madison at six O eight four four
27:02
two five six three seven. And if you are the first call correct answer,
27:04
you win this week's prize, which is a twenty five dollars gift card
27:07
to target. The Class Quiz question week. Is this what percentage of sixty
27:12
five year olds today will likely need some long term care in the future?
27:18
Is it twenty five percent or seventy percent? Telephone number six O eight four
27:25
four two five six three seven. First called correct nancer win the twenty five
27:27
dollar gift card to target and don't forget as well. That's Class Financial's office
27:32
right here in Madison six O eight four four two, five, six,
27:34
three seven CJ Malia. It's always great chatting with you. You guys enjoy
27:38
this beautiful day. Thanks. The Greater Madison Golf Show teas off tomorrow.
27:44
We'll get the details next here on thirteen ten WIBA. This is Money in
27:52
Motion with Class Financial Asset Advisors LLC, a registered investment advisor registered with the
27:59
SEC. The content of this show is for informational purposes only and should not
28:03
be considered individual investment advice. Class Financial does not offer tax or legal advice.
28:10
Any opinion offered during the course of this show is the opinion of that
28:14
particular investment advisor representative, and not necessarily the opinion of Class Financial