Produced by The American College of Financial Services, in partnership with New York Life Annuities.  

Long-term care planning is a critical part of retirement resilience planning, especially for women who are more likely to serve as caregivers and may also face longer care needs later in life. Health and care risk can affect more than the balance sheet; it can reshape family roles, housing decisions, legacy plans, and the emotional realities clients and their loved ones face. In this episode, Michael Finke, Ruby Grace Reyes, and Daralee Barbera discuss why advisors should address long-term care proactively as part of a comprehensive financial plan. 

Our experts examine the financial, emotional, and family realities of care planning, including caregiving expectations, insurability, standalone and linked-benefit long-term care solutions, asset liquidation strategies, and the importance of preparing beneficiaries before a care event occurs. The conversation also highlights why planning early can help clients preserve choice, protect family relationships, and reduce stress when health changes. 

Access the Women & Wealth Advisor Toolkit: https://www.nylannuities.com/annuityinsights  

Presented By: 

Michael Finke, PhD, CFP®, Professor of Wealth Management, The American College of Financial Services 

Ruby Grace Reyes, CLTC, Head of Long-Term Care Products, New York Life 

Featuring:  

Daralee Barbera, EdD, CFP®, CMFC®, ChFC®, CPBC®, CLF®, Director of Faculty, Academics, The American College of Financial Services 

Annuity Insights is produced and owned by The American College of Financial Services with generous support from New York Life Insurance and Annuity Corporation (“NYLIAC”), A Delaware Corporation. Information is believed accurate as of the time of recording (February-April 2026) but is subject to change (taxes, legal, rates, etc.).