Tag: Long-term Care Planning
The Hidden Costs of Retirement: Are You Prepared? (Ep. 16)

The Hidden Costs of Retirement: Are You Prepared? (Ep. 16)

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What steps can you take today to safeguard your future healthcare needs? 

Dive into this episode of Compass Wealth Conversations, where Brendon C. Murphy talks with Eliseo Tajanlangit, RN, CCM, LTCCP, a seasoned emergency department case management nurse and life insurance expert. They explore intriguing insights on long-term care planning and debunk common misconceptions about Medicare’s coverage.

Join Brendon and Eliseo as they:

  • Discuss the importance of planning for potential long-term care needs (00:03:45).
  • Highlight the critical role of nurses and insurance agents in retirement planning (00:04:32).
  • Explain the financial implications of prolonged healthcare events such as Parkinson’s (00:06:27).
  • Share actionable strategies for integrating healthcare planning into your retirement blueprint (00:14:23).

Discover how you can build a robust financial plan that withstands life’s unexpected challenges. Listen to gain confidence knowing you’re doing everything possible to protect your health and finances.

Connect with Brendon Murphy: 

Connect with Eliseo Tajanlangit: 

About Eliseo Tajanlangit: 

Eliseo Tajanlangit, RN, CCM, LTCCP, is a veteran emergency nurse with over 32 years of experience in trauma care, case management, and long-term care planning. Known as Your Medicare Nurse Navigator, he blends his clinical background with insurance expertise to guide individuals and families through the complexities of Medicare.

Alongside his wife, also a nurse, Eliseo has dedicated his life to healthcare and continues to work in a Level 1 trauma center, keeping his knowledge current and practical. He’s also a licensed Medicare advisor, helping people make informed, confident healthcare decisions.

Through his blog, videos, and social media, Eliseo simplifies Medicare and empowers others to plan for the future with clarity and peace of mind.

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Pat Lyman on Building a Trusted Financial Legacy (Ep. 10)

Pat Lyman on Building a Trusted Financial Legacy (Ep. 10)

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How do financial experts kickstart their journey and the impact they leave behind?

In this episode, Brendon Murphy sits down with Patrick Lyman, President Emeritus of Compass Financial Solutions, to explore the evolution of financial planning over the past five decades. Pat shares insights from his 50-year career in the financial services industry, from starting with Prudential in 1972 to establishing Compass Financial in 2008, and his commitment to community empowerment. Their conversation dives into the importance of independence in financial advising, the transformation of life insurance products, and strategies for building guaranteed income in retirement.  Tune in to hear personal anecdotes about his beginnings in the insurance world and how he built Compass Financial Solutions.

Brendon and Patrick discuss: 

  • (01:33) How Pat got into the financial services industry
  • (05:03) The need for independence in offering tailored client products
  • (09:40) The evolution of Compass Financial Solutions and the importance of a personalized approach
  • (19:39) Essential advice for young professionals starting their financial planning
  • And more

Resources:

Connect with Brendon Murphy: 

Connect with Pat Lyman: 

About our Guest: 

Patrick, president emeritus of Compass Financial Solutions, has over 50 years of experience in the financial industry, providing a strong foundation for his team’s guidance and service. His dedication is reflected in his certifications and memberships, including the American Society of Financial Services Professionals and the International Association of Registered Financial Consultants. In 2005, Patrick joined the Million Dollar Round Table and, in 2016, achieved Qualifying and Life member status, recognizing his commitment to ethics and excellence.

Patrick is also devoted to his community, leading YMCA workshops and supporting organizations like the Rotary Club of Upper Darby/Lansdowne and the Delaware County Police and Firefighters Organization. A member of the Honorable Order of the Kentucky Colonels, he actively contributes to philanthropic causes.

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Long-Term Care Planning: Protect Your Family and Finances with Jeremy Veryser (Ep. 7)

Long-Term Care Planning: Protect Your Family and Finances with Jeremy Veryser (Ep. 7)

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What do you need to do to prepare for your family’s future care needs?

Navigating long-term care is not just about planning financially, but emotionally, and strategically. Let’s explore how to protect our loved ones without losing our peace of mind.

In this episode, Brendon Murphy sits down with Jeremy Veryser, a seasoned regional account director from OneAmerica, to unravel the complex world of long-term care planning. Together, they dive into unique funding strategies that will ease the burden on families while offering peace of mind. Whether you’re a caregiver, a family member, or just someone curious about long-term care, this episode has invaluable insights for everyone.

Brendon and Jeremy discuss: 

  • (03:00) The history and evolution of asset-based long-term care solutions
  • (08:03) Leveraging life insurance and annuities for long-term care benefits
  • (11:10) Strategies for using health savings accounts and business tax deductions in care planning
  • (13:00) How the Pension Protection Act offers new tax advantages
  • (16:05) Addressing cognitive disorders and care for illnesses like dementia and Alzheimer’s
  • And more

Tune in for practical advice that can help safeguard your financial plans and secure legacy wealth for future generations. Be sure to like, follow, and share this episode with anyone you think might find it helpful.

Resources:

Connect with Brendon Murphy: 

Connect with Jeremy Veryser: 

About our Guest: 

Jeremy Veryser, a regional account director of OneAmerica, works with successful BGAs and IMOs to educate their marketers and financial professionals on how to implement plans for extended care needs by utilizing our asset-based LTC product suite. At OneAmerica Financial, Asset-based long-term care is a primary focus and with a dedicated employee wholesaling team, the largest in the asset-based LTC market, it’s easy to see why these strategies are becoming the future of LTC planning. OneAmerica Financial’s Brokerage partners have found these solutions help to address one of the largest retirement risks while simultaneously creating significant revenue. Some of the attributes Jeremy seeks in future brokerages he works with are a real desire to help advisors protect their clients and their client’s families from the physical and emotional consequences that an unexpected care need would cause, a holistic approach to financial planning, superior ethics, and a desire for continued growth.

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