long-term care management at Fullerton Financial Planning

Preparing for the Future With Comprehensive Long-Term Care Planning

One of the key goals of retirement planning is ensuring savers have the necessary assets to cover their health and personal care needs for as long as necessary. Many seniors are living longer, with some of today’s retirees potentially requiring funds to cover living and healthcare expenses for several more decades.

Even healthy and active retirees may suddenly reach a point where they can no longer perform everyday activities on their own, or they may simply require some added assistance for chores or errands. These costs can quickly add up and have the potential to leave retirees in untenable financial situations.



As committed retirement savings advisors, we have a deep respect for the importance of reliable long-term care planning. One of our primary goals at Fullerton Financial Planning is to develop comprehensive retirement plans designed to increase the likelihood that your assets will last for as long as you need them.

How Fullerton Financial Planning Helps Phoenix Retirement Savers Develop Long-Term Care Strategies

Assessing Needs and Goals

Retirees often have differing ideas of what their ideal retirement will look like. Our first step is to ascertain the savings you will need to pursue the retirement you desire. This determination should be based on an array of factors, including your health and your preferred living arrangements, like whether you want to stay in your home as long as possible or live in a senior community. We can help craft asset management strategies tailored to your preferences and time horizon.

Thorough Review of Financial Resources

It’s necessary to understand your financial situation today to map out a plan for reaching your goals and having the funds to cover both the expected and the unexpected. We can craft strategies incorporating your insurance options and potential government benefits in addition to your current savings and investment portfolio.

Long-Term Care Insurance

Our retirement planning professionals can advise you on different long-term care policies and help you understand the variables savers should consider when determining whether to purchase long-term care insurance and which policies may be ideal for your situation.

Hybrid Long-Term Care and Life Insurance Policies

Some retirement savers may want to consider hybrid life insurance and long-term care policies that provide both a death benefit as well as funds for long-term care if it becomes needed.

Medicare and Medicaid Planning

Our financial advisors can help you understand the types of benefits you may be entitled to receive as well as factors that may influence your eligibility for means-tested programs. We can also advise on various supplemental plans to help you make informed decisions about your insurance coverage in retirement.

Estate Planning Integration

Having a fully integrated financial plan that can accommodate all eventualities can provide peace of mind and safeguard your long-term health and happiness during retirement. This includes integrating your long-term care plan with your estate plan and adjusting it as needed to ensure it remains aligned with your personal circumstances, financial situation and health status.