Most families feel a sense of relief once they’ve checked the “estate planning” box. The will is signed, the power of attorney is in place, and financial accounts are organized. But here’s the hard truth: estate planning answers what happens after you’re gone—life planning ensures you actually live well until then.
Retirement is supposed to be a time to relax, not worry about rising healthcare bills. But for many older adults, medical expenses are one of the biggest costs they face. A 65-year-old retiring today can expect to spend around $165,000 on healthcare over the course of their retirement – double the amount from 2002. Most […]
Do you feel good about your taxes this year? Whether you filed early or just squeaked in by April 15, finishing tax season always brings a wave of relief. But April is also Stress Awareness Month—a reminder that financial stress doesn’t end with taxes.Long-term care is one of the most significant—and often misunderstood—expenses people face […]
March is Women’s History Month, a time to celebrate the achievements of women throughout history. It’s also an opportunity to acknowledge the unique financial challenges women face in retirement, particularly when it comes to long-term care. Planning ahead with a trusted financial advisor is crucial to supporting independence and securing quality care in later years. […]
Valentine’s Day is the perfect time to reflect on the relationships in your life—and not just the romantic ones. When it comes to your financial future, are you in a true relationship with your financial adviser, or is it more of a “situationship”? In dating, a situationship refers to a casual affair where there is […]
A new year is the perfect time to evaluate life’s big decisions, especially those concerning senior care. If you have determined that ageing at home is no longer an option, then proactive planning now can help you avoid the stress of making decisions during a crisis. Our tailored financial strategies ensure you or your loved […]
During the holiday season, many of us look forward to spending time with family, particularly our parents. These gatherings offer a unique opportunity to gently observe any changes in the health and well-being of our older loved ones. Noticing these changes can be pivotal in helping plan for their comfort and care in the years […]
Until December 7, Medicare enrollees have the opportunity to review and make changes to their Medicare plans, ensuring that your health coverage meets your needs in 2025. This period is crucial for evaluating your options, particularly when it comes to Medicare Part D, which covers prescription drugs.Why focus on Part D during open enrollment?Medicare Part […]
When helping our clients plan for future long-term care needs, one decision they need to make is whether to self-fund care needs using existing retirement funds or purchase long-term care (LTC) insurance. Both options have their merits and drawbacks, and the best choice often depends on individual financial situations, health status, and personal investment strategies. Investing […]
One of the things we emphasize with our clients—of all ages—is that planning for the unexpected is crucial. We do a lot of planning in our lives, from where we’ll go to college to where we’ll vacation. We may plan for retirement, but unfortunately we don’t put enough planning into what might happen to interrupt […]
