The Importance of a Long-Term-Care Plan
November 2020 | 39 minutes
There’s one financial planning challenge that extends far beyond your income and assets: longevity.
Living longer has changed financial planning. And while you may have done a lot of financial modeling, it's important to finalize your plan for a long-term healthcare event.
This is a discussion about health, lifestyle, family and how you want to help your clients prepare for the unexpected. We can’t think of a better time than now for a conversation like that. We’ll talk through important considerations such as:
- Why long-term care planning is about more than money
- The importance of having a written plan
- Understanding why Medicaid and Medicare should be your last choice
- Considerations and goals when choosing a funding source and insurance options