Retirement Planning

20 %

Of Americans fall short of their retirement savings by age 67. *

20 %

Of Americans agree the average worker cannot save enough for retirement.*

50 K

Expected expenses on healthcare for 65-year-old couples who retired in 2019.*

0 %

Of Americans agree that America is facing a retirement crisis. *

Long Term Care

Congratulations!

You are going to have a long and beautiful life! In 2050 87.9 million Americans will be over 65 years of age.* What is your plan for those years when you can rest your laurels?

Long-term care will ensure that you can rest easily. One out of seven people 65 years old+ will need health care supervision for extended periods of time.* Long-term care can provide you with in-home care, assisted living, or a nursing home. Taking the financial burden off your family for your full-time care.

MYTH: I will not need long-term care

TRUTH: 52% of people turning 65 will need some kind of long term care in their lives.*

MYTH: Medicaid and Medicare will pay for my long-term care

FACT: It will only cover those who meet the income and asset criteria. Medicaid pays for 51% of institutional settings. Out-of-pocket payments by families are the majority at 68%.*

MYTH: I have enough money, I can pay out-of-pocket

FACT: Among those who have out-of-pocket costs, these costs average $140,000.* The median annual cost for adult day care (five days/week) is $19,500.*

MYTH: My health insurance will cover the cost

FACT: health insurance does not cover long-term care costs.*

MYTH: I have the time and resources to be a full-time caregiver

FACT: The average number of hours worked per week by unpaid caregivers who have jobs in addition to caregiving is 34.7.*

Living Trust

It is all about control

“I want the government to control my property,” said no one ever! A living trust takes all your assets and protects them from the court system when you pass away or become incapacitated. A trusted friend or family member is assigned responsibility for your assets, and they make sure your wishes are carried out. A trust can be the beneficiary of your life insurance policy, hold the title of your house and/or car, and protect those assets while you are living.

Avoid probate

The average cost of probate is 4%-10% of the estate’s value, it can last between 1-2 years, and your family loses control of your estate. There could be fees, tax problems and difficulties refinancing or selling the property.

Keep your privacy

A will becomes a public document after you die. Any information you want to keep private will be accessible to anyone.

Revocable trust

You can change and amend the rules that govern your trust at any time. This means you can change the beneficiaries and assets. You can designate yourself as the trustee or even undo the trust.

Ask us about the discount we get with our attorney.

Fixed Index Annuities

The Upside Growth potential of the stock market without the downmarket risk

Deferred

This is your accumulation phase. While you are still working, save your money and let it grow over time.

Benefits

Income

This is your distribution phase. When you retire turn that money you saved into an income stream for the rest of your life.