Create a Financial Plan
Create a Financial Plan – Wrap Up
During the Create a Financial Plan lesson, you discovered the importance of a Financial Dashboard and learned the benefits of working with a Fee-Only Financial Planner.
You have the know-how you need to make choices about how you will deal with long-term care costs by relying on private pay, long-term care insurance, public assistance, or a combination of them all. You learned how to minimize the burden on others by assembling a Resource Team including a geriatric care manager, financial planner, bill-pay service, accountant, property manager, and others, and by creating a password management system and prepaying final expenses.
In the last topic in this lesson, find professional resources that can help you implement the financial portion of your LifePlan.
In this academy
Financial Dashboard
Selecting a Financial Planner
Long-Term Care Costs Overview
Paying for Long-Term Care – Private Pay
Paying for Long-Term Care – Hiring Caregivers Directly
Paying for Long-Term Care – Reverse Mortgage
Paying for Long-Term Care – Long-Term Care Insurance
Paying for Long-Term Care – Public Assistance (Medicaid)
Paying for Long-Term Care – Public Assistance (VA)
Paying for Long-Term Care – Tax Considerations
Minimize Financial Burdens – Introduction
Minimize Financial Burdens – Assemble Your Resource Team
Create a Financial Plan – Wrap Up