PLANNING

If  YOU  don’t make a PLAN, SOMEONE else, possibly appointed by a court, WILL.

What if you die unexpectedly? What is your family to do? Do they have access to your banking? Do they know your wishes?

These scenarios are possible and can greatly burden families. What can a senior citizen do? PLAN NOW to avoid crisis planning!

If  YOU  don’t make a PLAN, SOMEONE else, possibly appointed by a court, WILL.

What if you get sick or become disabled, and can no longer work? Do you have a plan?


Aging Issues Info can help you map out a plan. Call for a free and confidential consultation to discuss your goals:

  • Financial & Investment Planning
  • Housing Planning
  • Long Term Care & Medicaid Planning
  • Estate Planning

FREQUENTLY ASKED QUESTIONS

When do I start planning?

It is never too early and at the same time never too late.  When issues are thought about plans should be made. As an advisor its our job to get you to think about the issues we all face in our retirement years.  Let us help you make plans.

When should I take Social Security at 62,67, 70?

The  answer is an individualized to each person’s own situation.  We can help make the decision taking advantage of every strategy available to maximize lifetime benefits or meet current income needs.

What’s the difference between Medicare and Medicaid?

Medicare is health insurance for all people over the age of 65,  Medicaid is for the impoverished.  Clients with proper legal advice can plan to eventually qualify for Medicaid assistance. Contact us  for information on Medicaid Planning.

When do need to apply for Medicare?

Usually within a 9 month window around your 65th birthday or face penalties. There are exceptions so call to find out if they apply

What is a living will?

Usually within a 9 month window around your 65th birthday or face penalties. There are exceptions so call to find out if they apply

Should I sell my house?

Housing statistically accounts for 36% of retirement income.  The decision to sell can be a financial one or one based on needs.
Family support, Stairs, Taxes they all factor into the decision and we at aging issies help walk you through the decisions with our proven  4 step process.   

Do I need a Long-term Care Plan?

The statistics say yes,  We all know families who are affected by the need to arrange care for a parent if not a spouse.  Having plans in place can help reduce both the emotional and financial burdens care place on families.  There are new options that can meet needs both now and in the future.

How much money do I need to be able to retire?

Not an easy question, it depends on many factors and future assumptions.  We conduct a thorough interview and analysis incorporating future income, expenses resources as well as your plans.  It’s a financial plan that we develop with you.

How should I have in my 401K?

As much as you can,  if available a 401k is an efficient tax advantaged way to save for retirement.
There are other options and all options combined create the resources you will need to retire. Call us to learn more.

What's an Estate Plan?

Estate planning is the process of anticipating and arranging, during a person’s life, for the management and disposal of that person’s estate during the person’s life and at and after death, while minimizing gift, estate, generation skipping transfer, and income tax.

What is a Power of attorney?

A power of attorney (POA) or letter of attorney is a written authorization to represent or act on another’s behalf in private affairs, business, or some other legal matter.

What is a health care proxy?

A health care proxy is a document that names someone you trust as your proxy, or agent, to express your wishes and make health care decisions for you if you are unable to speak for yourself.

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