In this Episode of the Secure Your Retirement Podcast, Radon and Murs speak with Jessica Iverson about long-term care options to consider as part of the retirement plan. Jessica is a long-term care expert in long-term care planning and wealth management. Listen in to learn how long-term insurance has evolved from standalone to asset-based long-term care insurance policies and the benefits of these changes. You will also learn about the right age to start planning for long-term care and the average cost of different long-term options. In this episode, find out: How long-term insurance has evolved from standalone to asset-based long-term care insurance policies.The right age to start planning for long-term care plus the benefits of an asset-based life insurance policy.The average cost of long-term care for assisted living, private room nursing home, and home healthcare.The different types of asset-based long-term care and how they work.The difference between asset-based life insurance and life insurance policy within chronic illness riders.The underwriting process for both long-term care focused products and life insurance policies.Understanding how qualified assets are structured to fund the idea of long-term care. Tweetable Quotes: “Asset-based long-term care is long-term care focused insurance that’s built on an asset which can either be a life insurance policy or an annuity.”- Jessica Iverson“It is really the morbidity that the long-term care focused products are looking for in clients.”- Jessica Iverson Resources: If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement! To access the course, simply visit POMWealth.net/podcast.