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    • The Great Income Gap

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  • The Great Income Gap

The Great Income Gap

You’ve built wealth, secured retirement, and protected your legacy, but long-term care costs can dismantle it. 


The Great Income Gap reveals how care expenses, hidden tax traps, and self-funding risks erode even affluent portfolios. 

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 “We had over $5 million in assets and thought we could self-insure care. 


But when my husband was diagnosed with Parkinson’s, we ended up spending nearly $600,000 over five years - selling investments at the wrong time, triggering massive taxes, and watching our Medicare premiums spike. 


We didn’t just lose money. We lost control. What we really needed was a plan, not just a portfolio.” 

Personal story with long-term care

Visiting my grandfather in his final years was heart-wrenching. Despite his alert mind, Parkinson's had taken a toll on his once robust 6'2", 180-pound frame. 


My petite grandmother cared for him at home for as long as she could, but their resources dwindled. Eventually, Medicaid and a nearby nursing home became the only viable option. 


My father assisted in his care, but Grandpa's constant plea remained: "Take me home."  


Knowing about their options before he needed care might have changed their story. Witnessing my grandparents' struggles fuels my passion. I frequently hear how long-term care income planning has alleviated burdens. These encounters reinforce the significance of my work and commitment to being there for families when they need me the most. 


— Michelle Prather
Founder & President | Care Income Planning

Why work with Michelle Prather

“When you work with me, my role is to educate, guide, and make sure every detail of your plan is complete. 


I encourage you to align your education and planning with the person who invests the time to walk through the details with you - because policies set up by someone who doesn’t specialize in long-term care often fall short when families need them most.


Your care income plan deserves careful consideration. My commitment is that your pace is the right pace - because this is about protecting your family and your goals."

Care Income Planning

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