Broker Check
cropped-RLS-Logo.png
Search
Schedule A Conversation
Share

RL164 – Long Term Care, Psychology of Money, and De-Dollarization

It’s “Bring Your Own Topic Day” on the Retirement Lifestyle Show. In this episode, Roshan Loungani, Eric Olson, and Adrian Nicholson discuss topics they feel would benefit the audience’s investment decisions. They talk about the benefits of having long-term care insurance, the de-dollarization of global trade, and the psychology behind people’s money mindsets. Listen now to hear all about Long Term Care, Psychology of Money, and De-Dollarization.

[00:00] Introduction

[03:35] What is Long-Term Care Insurance Coverage 

[06:10] The True Cost of Long-Term Care

[08:50] People’s Psychology Around Long-Term Care Insurance

[14:10] How to Choose the Right Insurance Cover

[19:05] Available Options for Long-Term Care

[28:31] When to Start Saving for Long-Term Care

[29:57] The Psychology of Money

[31:43] The Common Types of Money Mindsets

[35:36] Why and How People Develop Money Mindsets

[40:15] How to Develop a Healthy Money Mindset

[43:40] The Benefits of Having a Positive Money Mindset

[47:09] How to Change the Way You Think and Feel About Money

[48:22] The De-Dollarization of Global Trade

[53:31] What to Expect from the De-Dollarization Train

[56:50] Investment Opportunities in Response to the De-Dollarization

[59:55] Parting Thoughts

To read the Full Show Notes scroll down or click here.

  • Roshan Loungani can be reached at roshan.loungani@aretewealth.com or at 202-536-4468.
  • Erik Olson can be reached at erik.olson@aretewealth.com or 815-940-4652.
  • Adrian Nicholson can be reached at adrian.nicholson@aretewealth.com or at 703-915-8905

Listen now to hear all about Long Term Care, Psychology of Money, and De-Dollarization.

Select episodes, like this one, can be found on YouTube: https://www.youtube.com/channel/UC0ZZPM3xk6onXNpb1ceAkCg

Visit Anchor.fm for ALL the links to several podcast sites: Anchor.fm: https://anchor.fm/roshan-a-loungani
Spotify: https://open.spotify.com/show/354IACA2UGM1DMsX8pfKlQ?si=0bfKMPI9TS29JogpOLnG_Q
iTunes: https://podcasts.apple.com/us/podcast/retirement-lifestyle-show-roshan-loungani-erik-olson/id1470410459
Follow Us At:
https://www.retirementlifestyleshow.com
https://www.retirewithroshan.com
https://twitter.com/RoshanLoungani
https://www.linkedin.com/in/roshanloungani/ 
https://www.facebook.com/retirewithroshan/
https://www.linkedin.com/in/financialerik/ 
https://www.linkedin.com/in/adrian-nicholson-74b82b13b/

#retirementlifestyleshow #retirementlifestylepodcast #fire #podcast #FI #Retire #retirewithroshan

It's "Bring Your Own Topic Day" on the Retirement Lifestyle Show. In this episode, Roshan Loungani, Eric Olson, and Adrian Nicholson discuss topics they feel would benefit the audience's investment decisions. They talk about the benefits of having long-term care insurance, the de-dollarization of global trade, and the psychology behind people's money mindsets.

Full Show Notes:

Long-Term Care Insurance Coverage

Long-term care insurance is a type of insurance policy that covers the costs associated with long-term care services. This can include things like nursing home care, assisted living, and home health care services. The purpose of long-term care insurance is to provide financial protection for individuals who require care due to a chronic illness, disability, or old age. The cost of long-term care can be quite expensive, and it can quickly deplete an individual’s savings if they do not have insurance coverage.

 

The big question is, is long-term care really necessary? Well, if you look at the statistics for the number of people over age 65 who will need some care at some point, you realize the numbers are quite high. This is unlike the remote risk of your house burning down or your car getting totaled. This is instead something that has a widespread impact on many families. Roughly speaking, half of all women over age 65 will need care of some sort. For men, the number stands at about 42%. 

 

What is Your Money Mindset?

What is the one thing that makes one person successful with money and another not so good? It’s simple – their money mindset. What you believe about yourself, your money, and the world shapes how you live your life. This is why becoming aware of your attitudes towards money can really help you see where you are. The first step is to reflect on your upbringing, your experience and your beliefs about money. Once you evaluate your money mindsets, start challenging some of them. Challenge any negative thoughts and patterns you might have, and try a step in the other direction. Remember, money is a tool, not an end goal. People with healthy money mindsets view money as a tool that can be used to help them achieve their goals and live a fulfilling life. By cultivating healthy money mindsets, individuals can develop a positive relationship with money and take control of their financial future.

Disclaimer Welcome, you are now listening to the retirement lifestyle show with Roshan Loungani Erik Olson and Adrian Nicholson. This show is an exploration of ideas to help you work towards your ideal retirement. Roshan Loungani and Erik Olson serve clients across the US. They offer financial planning and investment advice through Arete Wealth Advisors, LLC, an SEC registered investment advisor and securities through Arete Wealth Management LLC, member FINRA, SIPC, and NFA. Get ready for the financial independence of your dreams. All opinions expressed by podcast hosts and guests are solely their own are based on information they believe is reliable. Neither Arete Wealth nor its affiliates, warrants its completeness or accuracy, nor do their opinions reflect the opinion of Arete Wealth. This podcast is for general informational purposes only and should not be regarded as specific advice or recommendations for any individual. Before making any decisions consult a professional. Finally, our music is the chance by Jason Shaw and Audionautix. It’s part of the YouTube Audio Library and it’s licensed under a Creative Commons license.

Thank you for listening.

Recent Posts

2026 Mid-Year Market Outlook: What Investors Need to Know

In this episode, we dive into macroeconomic insights from a strategist at JP Morgan, covering key market trends, the impact of geopolitical events, and actionable investment strategies for navigating today’s complex economic landscape. Topics include the K-shaped economy, Federal Reserve rate outlooks, inflation, AI’s role in markets, and international investment opportunities. Listen now to learn about the 2026 Mid-Year Market Outlook: What Investors Need to Know

Read More »

$750 Billion Data Center Boom: Opportunities & Risks

This episode explores the rapid growth of data centers fueled by rising AI demand and the massive investments being made to support it. Adrian and Roshan Loungani discuss the opportunities and risks tied to this infrastructure boom, including energy challenges, geopolitical concerns, and the potential impact on investors and the technology industry. They also examine whether the trend is sustainable, how global competition is shaping AI development, and why future technologies like quantum computing could eventually change the data center landscape. Listen now to hear all about the $750 Billion Data Center Boom: Opportunities & Risks.

Read More »

Global Stagflation: Protect Your Retirement Now

This episode explores the complex and dangerous phenomenon of stagflation — the toxic combination of rising inflation, slowing economic growth, and a tough labor market. The hosts break down the historical context of the 1970s stagflation crisis, examine current economic indicators and risks, and explain how stagflation impacts households, businesses, and retirement planning. From Federal Reserve policy responses to hands-on investment strategies across energy, precious metals, consumer staples, healthcare, real estate, and inflation-protected securities, this episode gives investors and retirees the tools they need to protect their financial future and navigate one of the most challenging economic environments of our time. Listen now to how you can navigate Global Stagflation: Protect Your Retirement Now.

Read More »