It is important to work within a sound financial plan throughout your life. The actions that you take today are going to impact your future financial capabilities. If you want to be able to retire in comfort and leave behind a suitable legacy, you must follow a clear cut path that leads to the fruition of your goals.
Retirement is not something that is automatically going to fall into your lap. Those who live day-to-day without any particular plan in place often find that they can never retire.
When you accumulate a suitable financial underpinning, you can enjoy your active retirement years. For many people this will include travel, leisure activities, and quality family interactions.
You must also consider the expenses that you may incur during your twilight years. The majority of senior citizens will need assistance with their activities of daily living at some point in time. Long-term care is very expensive, and Medicare will not pay for this type of care.
Your financial plan should be created with full recognition of these potential end-of-life expenses.
Many people utilize Medi-Cal to pay for long-term care. This is a government health insurance program for people who can demonstrate financial need. It takes careful planning to gain eligibility if you want to keep a maximum store of assets in the family.
Campbell and Aptos California Financial Planning Consultation
We help clients preserve their wealth and achieve their long-term financial goals. Our attorneys work closely with clients’ financial advisors to make sure their estate plan and their financial plan are coordinated and meet the clients’ goals.
You can request an appointment through this website, or you can call us at (408) 356-9200.