What’s My Number? Health, Disability and LTC Insurance

💰 What’s My Number? — Health, Disability & Long-Term Care Insurance

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📅 Aired October 18, 2025

In this week’s Purpose Driven Finances, Allan connects the market headlines to real-world planning — showing how protecting your health and income is just as vital as growing your investments.

Segment One — The Headlines: Bankruptcy, Gold, & The Quad Advantage

Two notable bankruptcies — First Brands Group, known for FRAM filters and other auto-parts brands, and Tri-Color, a regional used-car financing company — reveal pockets of credit stress in consumer spending and lending. These are isolated events, not systemic collapse.

“Higher interest rates are exposing weak balance sheets — not killing the economy.”

Allan explains why healthy companies with pricing power and cash flow continue to thrive, and how Quad-based investing remains a smarter approach than chasing the S&P 500. While the S&P is down 1.93 % from its all-time high, Quad portfolios are only 0.63 % off their peaks — because they adapt dynamically to each economic environment.

Then, a look at why gold is down sharply today — stronger U.S. dollar, rising real yields, short-term profit-taking, and traders trimming inflation hedges. Allan answers the key question: Is this a warning sign or a buying opportunity?

Segment Two — What’s My Number? for Health, Disability & Long-Term Care Insurance

This week’s “What’s My Number?” turns from markets to personal protection: the coverage numbers that preserve your security and dignity.

Health Insurance — Knowing Your True Coverage Number

• Budget for your maximum exposure: premiums + deductible + out-of-pocket costs.
• Example: $1,200/month premium ($14,400/year) + $5,000 deductible + $3,000 out-of-pocket = $22,400 total exposure.

“If you’re not budgeting for your maximum exposure, you’re not really insured — you’re just hoping for the best.”

Disability Insurance — Protecting Your Income

• Your paycheck is your greatest asset. Aim to replace 60–70 % of your income.
• Example: $100,000 salary = $70,000 target coverage. Employer covers $36,000; your gap = $34,000.

“If you wouldn’t drive your car uninsured, why insure your paycheck halfway?”

Long-Term Care — Planning for Dignity

• 70 % of Americans over 65 will need some form of long-term care.
• Average cost $65 k–$100 k per year → plan for 2–3 years ($200 k–$300 k protection).
• Hybrid life + LTC policies can offer flexibility and preserve legacy goals.

“This isn’t about fear — it’s about freedom. Planning now means your kids don’t have to make crisis decisions later.”

Allan closes with a reminder that financial planning is stewardship, not just math. When your insurance, savings, and investments are aligned, you live with clarity — not fear of the next headline.

📞 Call Allan at 434-316-0246

🌐 Visit: www.servuscm.com

💬 Schedule a review of your current health, disability, and long-term-care coverage — and discover your number today.