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I'm a Financial Adviser: The OBBB Is a Reminder for Older People to Have a Long-Term Plan
['Ashley Terrell', 'Investment Adviser Representative', 'Burns Estate Planning', 'Wealth Advisors']
Latest from Kiplinger
Long-term carePeople older than 65 have almost a 70% chance of needing long-term care, and that can cost hundreds of thousands of dollars.
Medicare doesn't cover long-term care, and a recent survey found that almost half of older adults don't know how to plan for their long-term care needs.
Some annuities also have long-term care riders built into them that can help cover the cost.
Having a retirement plan is the first step to enjoying your golden years, but proper management requires constant adjustment to fit your unique goals.
Take this as an opportunity to visit with a financial adviser to discuss your financial goals and help adjust your retirement plan for success.