Are You Sweating Senior Care Costs While Protecting Assets?

We spend our lives working hard, building wealth, paying our mortgages while enjoying family time and creating lifelong memories. What happens as we approach our years of winding down, enjoying the days at the slower pace, and really savoring each moment? Our reflections leave us thinking of all we have accomplished and all there is left to do.

The word legacy often comes to mind. I want to leave a legacy for my family, do you?

One of the top concerns when helping clients with senior care is “How much will it cost” and “What will I have left to bestow to my family?” Our greatest asset is typically our homes, but we may have also built businesses, retirement accounts, and a variety of savings plans.

The cost for senior care comes with a hefty tag, and with good reason. These communities and health care providers work diligently to keeping you healthy, safe and enjoying the days in care-free environment. If cost is a factor, it’s time to start planning. There are strategies you can implement to protect what you have spent a lifetime building, while still ensuring great care.

Working with a wealth advisor like Elder Life Group is key to understanding all of your financial options. They help clients understand the many aspects of senior financial planning. Everything from preplanning strategies, wealth management asset protection, to Medicaid protection, and prepaid funeral planning. They can do it all! Their personal approach to truly understanding your total financial picture is key to preserving the legacy you have worked so hard for.

Don’t just leave elder planning to anyone. At Family Ties Senior Placement Services, we work to help you understand and navigate all aspects for senior living. How can we help give you peace of mind during your elder years of being cared for while enjoying life and knowing your assets are protected? It’s never too early to start and it’s certainly not too late.

Let’s connect to help you plan accordingly and give you peace of mind today!