Michael shares a personal experience with an insurance salesperson after Michael’s term policy was up. Michael and Paul talk about how you can get sold a whole life or annuity product without the salesperson ever mentioning them by name or mentioning the commissions they make. Later in the show, Paul talks about how an expert in long-term care and aging had to file bankruptcy due to care costs for her parents. Listen along to hear some advice on how you and your family can become prepared for long-term care while avoiding harming yourself financially.
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