On this episode of The Get Ready Money Podcast, I spoke with Michael Banner, host of the 62WhoKnew Podcast, about the double-edged sword of longer lifespans—and what it means for how we plan, spend, and protect our financial futures.

💡 Key Takeaways:

🔹 Long-term care insurance can be a game-changer.
🔹 Relying on your kids as caregivers? It’s not a fair—or realistic—plan.
🔹 Longevity is a gift—but it comes with financial consequences many overlook.
🔹 Every family should have an aging plan and a real conversation about care.
🔹 Today’s reverse mortgages are often misunderstood—here’s what’s changed.
🔹 Money is deeply emotional—it’s not just about dollars, it’s about protection and peace of mind.

 🎥 Watch this episode below: 

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🎧 Listen to the podcast below or on your favorite podcast app.

Connect with Michael Banner: 

• LinkedIn (here)
• Website: 62WhoKnew (here)
• Facebook (here)

Podcast: 

• 62WhoKnew Podcast (YouTube)(Spotify)

Resources mentioned: 

• National Reverse Mortgage Lenders Association (NRMLA): (here)

Bio:

Michael Banner is the host and creator of the nationally recognized 62WhoKnew Podcast, a platform dedicated to helping Americans navigate the last 30 years of life with dignity, security, and purpose. With over 40 years of experience in the retirement planning industry, Michael is a trusted voice on critical topics such as long-term care insurance, financial independence, and the strategic use of home equity during retirement. His deep knowledge and engaging style have made him a highly sought-after national speaker, delivering continuing education and keynote presentations to professionals in the real estate, insurance, financial, and healthcare sectors.

As a published author and long-time advocate for aging with quality of life, Michael draws from both professional expertise and personal experience—having served as a full-time caregiver to his father, a decorated WWII veteran, during the final year of his life. This journey helped shape the compassionate, insightful approach that defines the 62WhoKnew brand. Michael’s mission is clear: to empower the aging population and the professionals who serve them with the tools, knowledge, and resources to make informed decisions about their future.