One of the ongoing issues we see people struggle with is whether they have enough money to fund their own long-term care plan. It has been an ongoing claim from many advisors that if you have enough money, whatever that number is, you can simply pay for your own care and not worry about an insurance policy. But the real question should be, where do you want your money to go? Consider, every dolla…Read More
What happens if you are in a situation where you or your spouse or partner can’t qualify for long-term care insurance? Often time’s couples will step back from the process and not get any insurance which is a dangerous move. The approach that should be taken is to make sure the healthy spouse has a very meaningful plan offering more coverage for an extended amount of time. Consider this. I…Read More
Most seniors say they want to age in place, meaning spend their final years in their own home. Yet, many fail to realize this dream because they failed to properly plan for the additional financial demands of aging in their own home. Much of the focus for aging in place is centered around making modifications to your home. Wider doorways, grab handles, new flooring and even ramps to eliminate stai…Read More
