At Liberty Wealth Management, we view goals as life’s destinations, whether it is where you want to be at the end of the day or at some point in the distant future.
An increasing number of Americans are facing an uphill battle just trying to save enough and earn enough on their savings to be able to retire on time.
Question 1: What comes to mind when you hear the words “Long-Term Care”?
Timing is important. Asking your ol man these questions a week after he fell over his golf bag and broke his wrist is probably not the right time. The timing may never feel right but this is a conversation that you don’t want to regret not having down the road.
For anyone who has dealt with an aging parent or grandparent the concept of long term care is likely a familiar one. Those unfortunate enough to suffer from Alzheimer’s or other cognitive illness can end up requiring nursing care that can reach and exceed $80,000 per-year depending on the quality of care.