Most of us know the importance of saving for retirement. However, many fail to plan the “bonus years” – typically between ages 80-95 – when our bodies begin to slow down and questions begin to arise such as: “Who will care for me?” “Where will I live?” and “How will it be paid for?”
With advances in health care and increasing life expectancy, many seniors are faced with uncomfortable questions about how to manage those bonus years. Most do not have a clear picture of how their finances will be managed when they need to pay for long-term care. Nor do they have a clear understanding of the progression of care, or where and how it can be accessed.
Unfortunately, many families either ignore the need for planning, or must “stumble through” a fragmented, confusing system that often leaves them overwhelmed, exhausted, and without good choices. Finally, there is ONE place that can help you and your family make sense of it all. Introducing Embracing Elderhood, a unique approach to planning for the “bonus years” that brings together the necessary professionals in an integrated, coordinated approach to help you navigate the financial, legal, and long term care needs of your loved ones.
Embracing Elderhood is the first of its kind service in Western New York that takes a comprehensive approach to the last years of life. Our focus is on assisting seniors and their families in planning for the lifestyle they prefer as they age, protecting assets where possible, creating the necessary legal documents and financial plan, and ensuring appropriate care and the means to pay for it.