481 | Mailbag: Long-Term Care, Aging Parents and their Finances | Danielle Miura
03/11/24 • 45 min
In this episode: caregiving and FI, retirement planning, reverse mortgages, long-term care, and long-term care insurance.
This week we are joined by Danielle Miura to discuss how her experience as a caregiver has impacted her FI mindset, as well as answer listener questions pertaining to planning for your own long-term care while on the path to FI. As you and your loved ones get older, it’s important to start considering what additional finances they may require. From long-term healthcare to assisted living, there are many factors that not only impact their life financially, but could impact you and your FI plans. While it may be uncomfortable to have conversations with loved ones about their finances and expenses, it is imperative to have these discussions early and create a plan that works for you and your family.
Danielle Miura:- Website: spark-fin.com
- LinkedIn: Danielle Miura
- Twitter: @Daniellemiula
- 1:19 – Introduction
- 2:22 – Caregiving and FI
- 7:28 – Dealing With Poor Retirement Planning
- 15:38 – Reverse Mortgages and Viability of Selling The Home
- 21:41 – Having The Uncomfortable Conversation
- 24:40 – Planning For Your Final Years
- 32:41 – Long-Term Care and FI
- 36:10 – Long Term Care Insurance
- 45:30 – Conclusion
- Top 10 Recommended Travel Rewards Credit Cards
- Empower: Free Dashboard to Track Your Finances
- CIT Bank Platinum Savings Account
- M1 Finance: Commission-Free Investing, 1-click rebalancing
- CashFreely: Maximize Your Cash Back Rewards
- Travel Freely: Track all your rewards cards and points
- Emergency Binder: For Your Family’s Essential Info (code ‘CHOOSEFI’ for 20% off)
- Student Loan Planner: Custom Consult (with $100 Discount)
In this episode: caregiving and FI, retirement planning, reverse mortgages, long-term care, and long-term care insurance.
This week we are joined by Danielle Miura to discuss how her experience as a caregiver has impacted her FI mindset, as well as answer listener questions pertaining to planning for your own long-term care while on the path to FI. As you and your loved ones get older, it’s important to start considering what additional finances they may require. From long-term healthcare to assisted living, there are many factors that not only impact their life financially, but could impact you and your FI plans. While it may be uncomfortable to have conversations with loved ones about their finances and expenses, it is imperative to have these discussions early and create a plan that works for you and your family.
Danielle Miura:- Website: spark-fin.com
- LinkedIn: Danielle Miura
- Twitter: @Daniellemiula
- 1:19 – Introduction
- 2:22 – Caregiving and FI
- 7:28 – Dealing With Poor Retirement Planning
- 15:38 – Reverse Mortgages and Viability of Selling The Home
- 21:41 – Having The Uncomfortable Conversation
- 24:40 – Planning For Your Final Years
- 32:41 – Long-Term Care and FI
- 36:10 – Long Term Care Insurance
- 45:30 – Conclusion
- Top 10 Recommended Travel Rewards Credit Cards
- Empower: Free Dashboard to Track Your Finances
- CIT Bank Platinum Savings Account
- M1 Finance: Commission-Free Investing, 1-click rebalancing
- CashFreely: Maximize Your Cash Back Rewards
- Travel Freely: Track all your rewards cards and points
- Emergency Binder: For Your Family’s Essential Info (code ‘CHOOSEFI’ for 20% off)
- Student Loan Planner: Custom Consult (with $100 Discount)
Previous Episode
480 | Update: Healthiest Year Ever | Dean Turner
In this episode: optimized exercise, recovering, machine use, increasing your healthspan, and long-term thinking.
This week we are joined by Brad’s friend and personal trainer, Dean Turner, to discuss the changing landscape of strength training, and how principles such as consistency and adherence coupled with rest and recovery can also be applied to both your fitness and FI journey. We often talk about how the path to FI is not just about working towards a monetary goal, but rather creating a better life for yourself. For some this can mean taking a personal account of your health, and taking actionable steps to improve it. Just as making financial changes requires consistency, making physical changes requires the same. While these changes don’t happen overnight, these actions continuously build off of one another and make you stronger!
Dean Turner:
- Twitter: @DeanTTraining
- Website: deanturnertraining.com
Timestamps:
- 2:30 - Introduction
- 3:41 - Optimized Exercise
- 9:13 - Recovering and Machine Use
- 20:51 - Increasing Your Healthspan
- 27:44 - Long-Term Thinking
- 29:48 - Conclusion
- Your Bold Move for 2023 | Dominick Quartuccio | ChooseFI Ep 419
- The New Science of Muscle
- James Clear, Atomic Habits — Simple Strategies for Building (and Breaking) Habits, Questions for Personal Mastery and Growth, Tactics for Writing and Launching a Mega-Bestseller, Finding Leverage, and More (#648)
- Subscribe to The FI Weekly!
- Top 10 Recommended Travel Rewards Credit Cards
- Empower: Free Dashboard to Track Your Finances
- CIT Bank Platinum Savings Account
- M1 Finance: Commission-Free Investing, 1-click rebalancing
- CashFreely: Maximize Your Cash Back Rewards
- Travel Freely: Track all your rewards cards and points
- Emergency Binder: For Your Family’s Essential Info (code ‘CHOOSEFI’ for 20% off)
- Student Loan Planner: Custom Consult (with $100 Discount)
Next Episode
482 | Update: Are Remote Tech Careers Still Relevant in 2024? | Bradley Rice
In this episode: salesforce, lifestyle design, testimonials and verification, the hidden job market, and talentstacking.
Once again joined by friend of the show Bradley Rice, the owner and creator of TalentStacker, to update us on the value of SalesForce and career pivoting in 2024. While on the FI journey, you are actively creating the life you want to live. For many that means transitioning out of their life-long careers and opting for ones that offer something different and more accustomed to the life you’re creating. Learning a new skill or starting a side hustle can be the first step to finding that new career, and finding a program that works for you should offer more than just a certification, but assist you in finding new opportunities and a community that supports you!
Bradley Rice:- Website: talentstacker.com
- Facebook: Salesforce for Everyone
- Salesforce 5 Day Challenge: Take the FREE 5-Day Challenge
- Podcast: Salesforce for Everyone
- 1:38 – Introduction
- 4:17 – Work, Lifestyle Design, and Talentstacking
- 10:15 – Testimonials, Doing Your Research, and Verification
- 14:55 – The Hidden Job Market
- 19:36 – Entering a Salesforce Career with Talentstacker
- 26:39 – Salesforce Security
- 32:25 – Conclusion
- The Hidden Job Market | ChooseFI Ep 379
- CampFI
- Making The Case For Part Time With Bradley Rice | ChooseFI Ep 117
- Trailhead
- Subscribe to The FI Weekly!
- Top 10 Recommended Travel Rewards Credit Cards
- Empower: Free Dashboard to Track Your Finances
- CIT Bank Platinum Savings Account
- M1 Finance: Commission-Free Investing, 1-click rebalancing
- CashFreely: Maximize Your Cash Back Rewards
- Travel Freely: Track all your rewards cards and points
- Emergency Binder: For Your Family’s Essential Info (code ‘CHOOSEFI’ for 20% off)
- Student Loan Planner: Custom Consult (with $100 Discount)
If you like this episode you’ll love
Episode Comments
Generate a badge
Get a badge for your website that links back to this episode
<a href="https://goodpods.com/podcasts/choosefi-52017/481-mailbag-long-term-care-aging-parents-and-their-finances-danielle-m-46401008"> <img src="https://storage.googleapis.com/goodpods-images-bucket/badges/generic-badge-1.svg" alt="listen to 481 | mailbag: long-term care, aging parents and their finances | danielle miura on goodpods" style="width: 225px" /> </a>
Copy