Shows / Preparing For Tomorrow podcast
Preparing For Tomorrow podcast
Diane Stoddart, Certified Long Term Care Consultant, will show you how to protect your family and loved ones from the financial, physical and emotional burdens and consequences when long term care is needed. In each episode, Diane will help you to navigate through long term care concepts, terms and options and to discuss what strategies are available that can best protect both your family and your nest egg. We will invite guests to sit with us and share ideas regarding various parts of our…
Episodes
Preparing For Tomorrow podcastRecap - Which is my favorite hybrid LTC plan?
As promised, here is a link to a great blog by Suze Orman on how someone with $5,000,000 in assets needs to consider LTC insurance protection…
Preparing For Tomorrow podcastWhat do you want to learn in our next season?
This is Season 6 episode 52! I'm so glad we've been able to educate people about LTC and LTC insurance for six years! As we prepare for Season 7, We'd love…
Preparing For Tomorrow podcastMost expensive states to pay for LTC needs...
This week, we continue busting the perception of not wanting LTC insurance if it isn't going to cover all of our extended care needs. If we own insurance that…
Preparing For Tomorrow podcastWhat's Your Excuse - Part 2
The Milliman Report shares valuable data and statistics on traditional LTC plans. Here's a link to the report 2025 Milliman LTC Report This week, we continue…
Preparing For Tomorrow podcastWhat's your excuse? Part One
The 2025 Milliman Report shares valuable data on traditional LTC insurance companies and policies. Here is a link to the report 2025 LTC Report People always…
Preparing For Tomorrow podcastCase Study and update: LTC annuity with tax-free income for care
This is always a busy time of year for me. I know it happens every year, and I need to remember to adjust my schedule a bit after Labor Day. This is the time…
Preparing For Tomorrow podcastNursing home care is inevitable unless...
In this episode, Diane shares excerpts from a recent LTC Bullet published by The Center for Long Term Care Reform https://centerltc.com/ There is a ton of…
Preparing For Tomorrow podcastAlternatives to LTC insurance
Sometimes, when long term care insurance or hybrid life/LTC insurance is not available due to health concerns or budget, it's good to know that there are other…
Preparing For Tomorrow podcastWhen should we not buy LTC insurance?
When is it not a good idea to own LTC insurance? Many people search for long term care insurance simply to avoid letting Medicaid take over and decide where…
Preparing For Tomorrow podcastWhen is it not a good idea to buy LTC insurance?
This week, Diane shares some situations when LTC insurance may not be the answer for a family. It's clear that if Diane and her husband had listened to this…
Preparing For Tomorrow podcastWhat are typical exclusions with LTC insurance?
Mike emailed asking about typical exclusions or pre-existing concerns with LTC insurance. LTC insurance is governed by Internal revenue Code (IRC) 7702(b). To…
Preparing For Tomorrow podcastWhat's on the menu?
Just send me a quote can be compared to going out for dinner, but on a bigger level. When we go out to eat, we consider how hungry we are, what atmosphere we…
Preparing For Tomorrow podcastWhich is my favorite hybrid LTC plan?
This week, because I was the primary caregiver for our very sick dog, I exhausted myself for 10 days (nothing compared to caring for a parent or grandparent…
Preparing For Tomorrow podcastWhat's Your Long Term Care Plan?
As promised, here is the link to view my dog's awesome workout routine on Facebook Frank's facebook reels He's doing a little better each day and will…
Preparing For Tomorrow podcastGuest Interview: Mary Ellen Gilbert with Navacare
This week, my guest Mary Ellen Gilbert with https://navacare.org/ shares how we can see the early signs that an aging parent or family member needs more…
Preparing For Tomorrow podcastHow to keep our parents from ruining our plans
We all want to wait as long as we can to buy LTC insurance. Too often, health concerns diminish or eliminate what can be offered. In this week's episode, Diane…
Preparing For Tomorrow podcastWhere are we most independent as we age?
This week we turn independence upside down. We think we're independent when we can live and receive care in our homes, but that forces our family to reshape…
Preparing For Tomorrow podcastHe walked out on us
In almost three decades, I've been asked to leave, I've been hung up on, I've been sworn at and more. But only one person actually got up and walked out of the…
Preparing For Tomorrow podcastWhat is LTC Partnership and how can it help me?
This week, we learn about how state LTC Partnership programs started and how they developed over time to include most states. What is Long Term care…
Preparing For Tomorrow podcastHow did I get here & why do I stay?
People sometimes ask how I got involved in LTC insurance and how do I feel always talking about getting old or sick because it's so depressing. Here's how long…
Preparing For Tomorrow podcastHow can the insurance company pay if no one is billing them?
LTC insurance claims are hard to get approved because so many claims are not actually long term care. When a claim is declined, the family becomes disgruntled…
Preparing For Tomorrow podcastbe One of the few
This week, we discuss the costs of dementia care vs. other long term care needs. Too many believe Medicare pays for care after age 65. Medicare may pay for up…
Preparing For Tomorrow podcastnearly 800,000 care workers needed by 2034
As baby boomers reach age 80 this year, with the immigrant population in the US diminishing, and seeing the almost 80% turnover of employees in home care…
Preparing For Tomorrow podcastWe can't keep doing this to the women in our lives
In the U.S., almost 13 million unpaid/family caregivers are caring for someone with dementia right now. Many are doihng this without help or support from other…
Preparing For Tomorrow podcastGuest Interview: Esther Greenhouse, environmental gerontologist, control how you age
Esther Greenhouse is an environmental gerontologist and longevity strategist who helps people stay independent as they age - physically and financially. As…
Preparing For Tomorrow podcastWhat is a biomarker? Why should I care?
The Alzheimer's Association released a Special Report that updates dementia and dementia care information. I have on;y read about 1/3 of the info so far, so I…
Preparing For Tomorrow podcastIt's either your plan or someone else's plan for you
We need to decide if we're going to make our own care decisions when we can no longer live alone or independantly. Or are we going to leave those decisions to…
Preparing For Tomorrow podcastWe don't know what it feels like to be old
Professionals in geriatrics and gerontology define "elderly" and "advanced age" as 65 and older and those with chronic needs. It's hard to believe I'm almost…
Preparing For Tomorrow podcastSaving $26,850 in premiums over 5 years? LTC Specialists matter
A client with whom I've maintained a relationship for over a decade was almost talked into buying a new LTC plan earlier this year. I'm glad she called me to…
Preparing For Tomorrow podcastI should have done this when I first thought of it
Don't let your 50 year old kids regret not having planned for future extended care needs when they first thought of it. A first question I ask when meeting…
Preparing For Tomorrow podcastHe fell and he couldn't get up
This week, I'm sharing a story of what happened when I was walking my dog on Saturday. This can happen to anyone. We don't have to be old or sick to have an…
Preparing For Tomorrow podcast48% increase in cost of care from 2019-2024
According to an AARP report, the Department of Health and Human Services reported a 48% increase in cost for home care and assisted living from 2019-2024…
Preparing For Tomorrow podcastDon't let them scam you or your parents
This week, I received a very disturbing call, and this was soon after I met a man whose job is to protect people (mostly seniors) from scams. I'm so glad that…
Preparing For Tomorrow podcastWe need to plan like the sun will come up tomorrow morning
We need to believe that we're going to get through these world events that are being thrown at us every day. We have to believe that we're going to live a long…
Preparing For Tomorrow podcastIf I can't get what I want, I don't want anything
Just like when we go to an all-you-can-eat buffet, our eyes are bigger than our stomach. With LTC protection, bigger than our budget. We want the best policy…
Preparing For Tomorrow podcastMy clients need me 25 years before they think they need me
I get so many calls from families trying to find caregiving support answers for their older parent or relative. They've reached a point where they are…
Preparing For Tomorrow podcastPlease share this with someone you love
Many people inquire about LTC insurance and unfortunately get incorrect or incomplete information. This is why it's important to work with a LTC Planning…
Preparing For Tomorrow podcast7.8 Million professional caregivers needed in next 25 years!
Providing care for a very sick, injured or elderly family member is hard! Especially without help. There are currently over 50 million family caregivers…
Preparing For Tomorrow podcastGuest Interview: Jason Dutra shares Worksite LTC case study 4 employees
Jason Dutra with BuddyIns joins us this week to share a case study on worksite LTC benefits. There are companies that will offer guaranteed issue (no health…
Preparing For Tomorrow podcastWhat is discussed in our first meeting?
Hello to all our new and returning listeners! Because we've had a large increase in listeners, I thought I'd share what we discuss during our initial…
Preparing For Tomorrow podcastBack to the Basics of Long Term Care
Because we have so many new listeners, we decided to get back to the basics of long term care and LTC insurance. The best starting point is to learn current…
Preparing For Tomorrow podcast2026 Resolution: Fund LTC plan without killing the budget
Happy New Year! Let's make 2026 the year we design and fund our LTC plan without destroying our budget. This week, Diane shares ways to pay for long term care…
Preparing For Tomorrow podcastA Christmas song from Paul & Diane Stoddart
We recorded "It Came Upon a Midnight Clear" along with a few other classics about 15 years ago. My husband, Paul, is the guitar master, and I am playing flute…
Preparing For Tomorrow podcastGuest Interview:Jason Dutra BuddyIns - easy to add LTC at work
When discussing worksite LTC with employers, two question come up all the time - 1) How much work do I as an employer or HR director have to put in? 2) I heard…
Preparing For Tomorrow podcastI can't afford LTC & I'll never qualify for Medicaid
That title is an oxymoron. Truthfully, if you'll never qualify for Medicaid, that means you'll pay for all of your long term care needs yourself. In this…
Preparing For Tomorrow podcast301% rate increase? What the...?
Diane received an email this week from a long time listener who received a notice of a 301% rate increase request from his LTC insurance company. This episode…
Preparing For Tomorrow podcastSome of what I'm thankful for...
Thank you all who are listening to these podcasts and for the great feedback you've shared over the years. I can't believe we're in our sixth year already. I'm…
Preparing For Tomorrow podcastGuest Interview: Jason Dutra with BuddyIns discusses UNUM ceasing LTC sales in February 2026
This week, Jason and Diane discuss UNUM's February 2026 ceasing of LTC group and employer sales. How should employers and employess react to this decision?…
Preparing For Tomorrow podcastNov. is LTC Awareness Month & Family Caregiver Month - coincidence?
We need to recognize the contributions and sacrifices that family caregivers make to help those they love who can't provide for their own daily needs. The…
Preparing For Tomorrow podcastWho is the LTC insurance really for?
This week, I'm kind of on a soapbox. It seems that some people will keep asking about LTC insurance until someone tells them they don't need it. No one knows…
Preparing For Tomorrow podcastQuestions we don't get as often but very relevant
This week, we decided to answer some questions that we don't get as often as some others, but they're still very relevant. When plannng for long term care…
Preparing For Tomorrow podcastWhich hybrid plan do I recommend most?
It seems that with nearly every person or couple I work with, a version of this question comes up. Which plan do I recommend most often? Although all LTC plans…
Preparing For Tomorrow podcastGuest Interview: Jason Dutra with BuddyIns shares how employers can attract and retain employees
This is the beginning of our 6th year!!! This week, Diane interviews Jason Dutra with BuddyIns again. We discuss tax-benefits of worksite LTC insurance and…
Preparing For Tomorrow podcastPoor decisions when planning cause BIG problems later
This week, after hearing from a client who wishes she would have bought more insurance a decade ago, Diane shares decisions that others have made in the past…
Preparing For Tomorrow podcastStart Young & Get it Done Part 2
This week, we look at premiums of traditional, stand-alone LTC plans. Diane shares a plan that her clients designed 10 years ago when they were 49 and compares…
Preparing For Tomorrow podcastStart Young & Get it Done!
This week, Diane compares 10 year hybrid Life/LTC plans with 10 year paid up funding for a couple age 50, age 60, and age 70 to share why it's so much better…
Preparing For Tomorrow podcastWho's your quarterback? What's your defense?
It's football season! This week, Diane compares football to LTC planning. Every team needs a quarterback, position players and a strong defense. We also need…
Preparing For Tomorrow podcastGuest Interview: Jason Dutra with BuddyIns shares worksite LTC plans today vs. yesterday
This week, we're discussing worksite/group LTC plans, which have evolved a lot since group plans started being offered through employers. Jason Dutra with…
Preparing For Tomorrow podcastLess healthy? Less Wealthy? Less Young? There are plans for you
So many people want a long term care plan with all the bells and whistles. They want a plan that will pay for everything that could ever happen. These plans…
Preparing For Tomorrow podcastJust keep throwing seeds
This week, Diane uses the Parable of the Sower to share different reactions to LTC planning that occur in the United States. Are you the hard soil? The rocky…