DiscoverThere For CareLong-Term Care Costs Could Bankrupt You: Here's How To Prepare
Long-Term Care Costs Could Bankrupt You: Here's How To Prepare

Long-Term Care Costs Could Bankrupt You: Here's How To Prepare

Update: 2025-08-20
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In this episode of There for Care, host Amy Rein sits down with Evan Ehrenberg, MIT’s youngest neuroscience PhD student, Forbes 30 Under 30 honoree and co-founder/COO of Waterlily: an AI-powered platform helping families prepare for the massive financial and emotional realities of long-term care.


Evan shares his journey from building a clinical trial recruitment startup to investing in aging care innovation and how a shocking personal projection of his own future care costs revealed just how unprepared most of us are. With some long-term care needs topping $6 million over a lifetime (and often not covered by health insurance) the stakes are staggering.


Together, Amy and Evan explore why long-term care planning is so often considered taboo and why that needs to change. They discuss how AI can break down complexity, personalize care forecasts and make planning accessible to everyone, as well as the potential of robotics, remote monitoring and agent-based AI in transforming the future of caregiving. Evan also shares practical tips for caregivers on using AI tools like ChatGPT and Gemini to make the caregiving journey smoother and more efficient.


If you’ve ever assumed health insurance has you covered, or if you want to protect your family’s future without going broke, this conversation is a wake-up call and a roadmap for taking action now.


#LongTermCare #Caregiving #AIinHealthcare #AgingWell #CarePlanning

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Long-Term Care Costs Could Bankrupt You: Here's How To Prepare

Long-Term Care Costs Could Bankrupt You: Here's How To Prepare

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