Long Term Care Planning with CLA USA Financial Services

Protecting your assets with careful financial planning is one of the most important things you can do to prepare for your retirement. CLA USA, a company that provides financial planning services and products, works closely with seniors to help them examine their needs and make financial plans that will ensure they have the resources to deal with the unexpected curves that often come with growing older. CLA USA financial services include a wide variety of financial products that includes annuities, life insurance and other tools to help you protect your nest egg and ensure that the money is there if you need it. You can trust CLA USA to help evaluate your retirement income needs and establish a plan to meet your needs.

If you watch television at all, you've probably got a highly romanticized view of retirement planning. The typical television ad for retirement planners shows seniors and retirees enjoying what amounts to a second childhood. While some people will have the assets to embark on a new career or spend their retirement years on cruises and vacations, most people are simply saving to ensure that they can maintain their current standard of living after they stop working. As one ad says, "A vineyard? You've got to be kidding me!"

The truth is that half of all retiring seniors can expect to require long-term care as they age. Others may face catastrophic illnesses that can easily wipe out retirement savings and any estate they'd planned on leaving for the care of a surviving spouse, children and other relatives. CLA USA financial services can help protect those savings by planning for them in a variety of ways. Some of those senior estate planning services include:

Long Term Care Insurance

The costs of long term care in a nursing home can easily top $75,000 a year. Since Medicare covers very little of that, many retirees find the costs quickly eating up the money they'd planned on living on during their retirement. Long-term care policies are designed to cover the costs of extended care in a nursing home or other eligible facility. Other types of insurance, including catastrophic illness insurance, can also reduce the drain on your assets. While long-term care insurance can be expensive, there are now great alternatives available that offer long-term care protection.

Annuities and Life Insurance

Annuities and life insurance are ways to reposition your assets for more favorable tax treatment and to ensure that you have the retirement income you need and that your assets get distributed in the way that you plan for them to be distributed. Other planning tools are also available. If, for example, you provide financial care for a dependent child or other relative, setting up an Irrevocable Life Insurance Trust can ensure that the care continues without interruption after your death.

CLA USA provides many different financial products to help with senior estate planning. Don't leave your future up to chance - talk to a CLA USA financial services consultant to help you determine the steps you should take to secure your financial future.