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- Why Clark’s Car-Buying Advice Just Returned to Normal (12 4 23)
Why Clark’s Car-Buying Advice Just Returned to Normal (12 4 23)
Today’s Sponsor
What’s something 80% of us will eventually need that just 4% of us are insured for? Find out later in this email.
💵 Today’s Top Stories
 | Clark shocked some long-time listeners in the last few years when he said it was better to buy a new car than a used car. Is he planting a flag in the ground and declaring that era to be over? Read more. |
 | See which days of the week are the most popular for senior discounts. Here’s a list of grocery stores and the deals they offer to help you save more on your next shopping trip. Read more. |
Sponsor | For a limited time, purchase a select device on the Visible+ plan and save up to $240! Score a service credit every month for up to 24 months when you join and purchase a new Apple or Google Device. |
 | This Costco program allows you to trade your iPhone, iPad, MacBook or Apple Watch for a Costco Shop Card. But does it offer competitive rates vs. other electronics buyers like Swappa? Read more. |
 | Clark offers a creative solution for a podcast listener wanting to avoid spending a fortune on a rental car while in Hawaii for months. Read more. |
💵 Consider How You’ll Finance Your Long-Term Care
What concerns you about your long-term financial future?
Is it the longevity of Social Security and Medicare? Or maybe whether you’re saving enough money?
One thing you probably should pay closer attention to is how you’re going to pay for long-term care.
According to a Barron’s article that Clark discussed on the Nov. 30 podcast, 80% of us will need some form of long-term care. Yet just 4% of us are paying for long-term care insurance.
To be fair, long-term care policies can increase premiums over and over. So buying one of those policies too early can mean having to give it up before you even need it due to rising costs.
Self-insure if you’re wealthy enough to do so.
Break Clark’s typical life insurance advice. Buy a whole life insurance policy with a tax-friendly rider for long-term care.
Contribute to an HSA and invest funds to pay for your health needs in retirement.
Use equity from a home you own to pay for long-term care.
📊 Stat of the Day
🚗 10: Number of consecutive weeks that the average price of gas declined according to AAA. The average price per gallon stood at $3.25 as of last week. Expect the price to keep declining into New Year’s Day according to Associated Press reporting.
💰️ Deal Alert: Today’s Top Deals
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🎙️ Podcast
It’s time for "Clark Stinks!" Christa reads the latest "Clark Stinks!" submissions and Clark responds. Also, how easy is it to become a millionaire? It may not be as difficult as we think! Clark shares new data on millionaires and tips to achieve this financial goal.
☎️ Need Money Help?
The Team Clark Consumer Action Center is a free helpline that can help you navigate your money questions. Call 636-492-5275. Visit clark.com/cac for more information.
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