The Longevity Paradox with Michael Banner: Why the Last 30 Years Require a Different Plan
March 11, 202631:30Michael Banner
longevity
retirement planning
long-term care insurance
reverse mortgages
caregiving
financial planning
We're living longer than any generation before us — and while that's a gift, it comes with consequences most families are deeply unprepared for. In this episode of Care Compass, Lindsay Friedman sits down with Michael Banner, founder and host of the nationally recognized 62 Who Knew podcast, to unpack the uncomfortable truth behind longevity, retirement, and long-term care in America.
Topics Covered
- Why the traditional retirement playbook no longer works — we now need to plan for 25 to 30 years of living after retirement
- Why love alone is not a long-term care plan — and why even strong families can be financially and emotionally overwhelmed without preparation
- The emotional cost of caregiving and the hidden impact on spouses and daughters
- Why aging parents often want their children to remain their children — not their nurses
- Misunderstood tools like long-term care insurance and reverse mortgages — separating outdated myths from today's realities
- How thoughtful planning can preserve dignity, independence, and choice
Key Takeaways
"Knowledge isn't power. Acting on it is."
If you're in your 40s, 50s, or early 60s — or caring for aging parents — this episode is a wake-up call delivered with compassion, clarity, and wisdom.
