Planning for Senior Parents with Carol Chiarito

Carol Chiarito, a financial advisor, transitioned from pension planning to senior planning after her mother moved in with her. She emphasized the importance of early planning for senior care, noting that 87% of seniors need long-term care. Carol discussed various financial tools like long-term care group policies, annuities with long-term care riders, and life insurance with long-term care riders. She highlighted the need for family discussions and planning, especially for business owners, to avoid disruptions. Join us as we discuss how helping your senior parents in one of the missing pieces of your financial plan!