For many people entering their ladder years, even if they have a well-funded retirement, their largest risk is the threat of incapacitation or long term nursing home stay. These costs can vary by state, but long term care facilities are never cheap. Whether you are assisting aging parents, or you are concerned about your own retirement sustainability, these are time sensitive conversations that need to take place.
Time Sensitive Actions
Every client should be made aware of the following options:
- Long Term Care Insurance
- Available Government Benefits
- Spend Down Thresholds
IF you have a pension lump sum available to you, click here so one of our fiduciary advisors can give you an independent analysis of all your available options.