What We Do

What is Eldercare Financial Planning?

As Eldercare Financial Planners, we assist people in identifying the various Financial Resources that can be utilized to assist in the payment of Long Term or Chronic Healthcare. 'Traditional' Financial Planning is typically oriented towards developing a plan that addresses a client's accumulation, protection, and distribution of assets in a tax efficient manner and over a client's lifetime (retirement planning). Elder Care Financial Planning, also known as 'Life Resource Planning', is a sub-sect of 'Traditional' Financial Planning that takes these same financial planning principles and applies them specifically to the matter of paying for long-term (Chronic) health care and related financial issues of Aging. It is also about identifying the 'Financial Resources', that in some cases are 'overlooked', that can be utilized by a family to afford the quality care for their loved one.

A Proven Approach

Our approach is to develop a "Life Resource Plan" that is designed to help answer: Will there be enough to pay for healthcare and a comfortable retirement? How should money be positioned? Will money run out? When? What next? What venue would provide the best level of care based upon the available resources? At home? Adult Daycare? Assisted Living or Nursing Home? What about other financial resources? Are there other programs or financial resources that we may have overlooked? Things like existing old Life Insurance policies and Annuities, home equity or IRA's. What about Medicare, Hospice, Medicaid and other government programs or community-based free programs? What benefits are available to Veterans and their spouses/widows. How do these Veteran benefits coordinate with other benefit programs? Answers to these questions and many more are usually part of The Life Resource Plan.

Life Resource Planners of the Treasure Coast

We Provide Guidance & Solutions to Senior Healthcare Needs