According to the Department of Health and Human Services, at least 70 percent of people over 65 will eventually need long-term care, either at
home or in a nursing home, and that can be very expensive. The average stay for a woman entering a nursing home is almost four years; if she’s in a semiprivate room, that cost in San Diego is about $375,000. For married couples, the chances that one spouse will need long-term care rises to 91 percent.
You have saved for many years and now looking forward to a great retirement.
We financial planners constantly talk about the need to save for retirement. Max out all available retirement account & invest personally, and one day, when you are ready to retire, that portfolio will become income for you. Some pre-retirement points to consider
Anyone interested in making MORE money? One way is to only pay your “fair share” of income taxes! So — how much did you pay in 2014?
What do the stock market, trees and escalators have in common? Only two have gone up since 2009. This year should be OK (but it won’t last forever).
Most people request a second opinion before surgery; you might want also to get a second opinion on the health of your investments. Is your portfolio properly diversified?
“Over and over again courts have said that there is nothing sinister in so arranging one`s affairs as to keep taxes as low as possible. Everybody does so, rich or poor and all do rights, for nobody owes any public duty to pay more than the law demands:taxes are enforced exactions, not voluntary contributions.”
Judge Learned Hand
Numerous real estate options are available in maintaining or disposing of real estate properties. Many of our clients own investment properties and our planning and discussions will help provide options of their ultimate decision regarding their investment property.
Would You Like to Have More Income? Then, pay only your fair share in taxes – and not more than necessary
Order your complimentary copy of Are Your Financially Organized? booklet at Find an Advisor link…just type in the word “AYFO” booklet and we will email it along with a 3 page Initial Planning Guide to get you started in planning your financial future. You will be glad you did!