Financial Advisor Seth Edgil discusses the importance of planning for long-term care in financial planning. He highlights the high costs of long-term care and the limitations of traditional coverage, such as Medicare. Edgil suggests alternative funding options for long-term care, including standalone long-term care insurance, hybrid life insurance policies, annuity-based solutions, fixed income investments, and self-insurance. He emphasizes the need for proactive planning and consideration of individual preferences for care. Edgil also notes the demographic shift of baby boomers reaching retirement age and the likelihood that individuals will require long-term care in their lifetime. He encourages readers to seek guidance from financial experts and legal advisors for comprehensive long-term care planning.