in the United States today are caring for an aging adult in some way. In the next 10 to 20 years, it is projected that Eldercare will replace childcare as the number one issue for working adults.
is the 2016 National average cost of a private room in a nursing home. A semi-private room's average cost is $7,148 per month. That's an extra $85,776 - $97,452 per year just in Nursing Home costs.
why people outlive their money: having to pay for Long-Term Care. Devastation ensues if a proper plan is not put in place. Legally protect your assets in case Long-Term Care is needed.
Whether you are dealing with a long-term care need for an aging parent or you are a Baby Boomer looking to plan ahead for your future needs, our Eldercare Financial plans may help you design a roadmap for paying for Home Health Care, Assisted Living or Skilled Nursing Facility costs in a tax-efficient, cost-effective way. As an integral part of this planning, government programs such as Medicaid and Veteran’s Benefits are assessed to potentially reduce the out-of-pocket expenses for health care. Then, the use of life insurance and annuity products with Long-Term Care Riders are explored to assist with your qualifying health care needs.
You may now be eligible to protect your assets under a federal law and use tax-free dollars to pay for Long-Term Care expenses, without having to spend down all your personal assets.
Atlanta First Guarantee has helped countless clients reach their financial goals through superior investment opportunities and secure saving strategies. If you’re looking to increase your passive income and secure your retirement, a fixed income annuity is the financial option you want. We work with top-insured annuities that accumulate interest while remaining locked into a fixed payment rate, ensuring a guaranteed return on your investment. These annuities also have the added benefit of optional accumulation tie-ins to renowned stock market indexes, such as the S&P 500. We also offer certificates of deposit and other investment options that are secure, stable, and sure to provide great returns. We’re happy to answer your questions and give you personalized financial guidance that will address your unique savings goals. Contact us now to speak with one of our financial advisors.