MEDICARE

Medicare can be confusing. When trying to understand how Medicare will affect you and your spouse, there will be some difficult choices that you will have to face. Some people like the benefits of a traditional Medicare plans (Medicare Supplement), while others like the new Medicare Advantage programs Part C).

It is very important to know and understand which plan is right for you. Our goal is to provide you and your spouse the best possible information which will give you real choices and help clear up the confusion.

Some questions you may have are:  

1. Cost - what can I afford? What are my out of pocket expenses?
2. Benefits - what services does the plan cover, and will I have unexpected out of pocket costs?
3. Doctors and Hospitals - what is my choice of doctors and hospitals?
4. Location - is there a network, and what area does it cover, can I travel and still be covered?
5. Pharmacy - what are my prescription plan choices?
6. Quality of Health Care - can I choose the best doctors?
7. Control of my Healthcare - who controls my treatment, me or my health plan?

You need an experienced advisor that will take the time to answer your questions and help you to decide what Medicare options are best for you and your family. We help you make the right decisions now, which makes the transition into retirement much easier. Before retirement you could always go to your employers Human Resources department for answers. Now, you may consider us your personal Human Resources partner for your retirement needs.

The best way to understand all of your options is to request your free Medicare Booklet, which will be delivered to your door completely free and with no further obligation.

In addition to providing this valuable information, an advisor can sit down with you and review your current policies and provide you with a FREE confidential consultation. They will work to identify your vulnerabilities and show you how to protect your health, wealth, and plan for a bright future with your loved ones without the fears that normally accompany retirement.

RETIREMENT INCOME

Retirement has changed, are you prepared to hit your retirement running?

Americans as a nation are living longer, and your retirement is no longer considered an end so much as a beginning. It is a time to pursue dreams, hobbies, travel, start a new career, and spend time with your spouse, children, and grandchildren.

With the proper planning, the right tools and support, retirement can be the best part of your life! While it provides greater opportunities, retirement also presents new challenges:

• Have you prepared financially for the reduction in income?
• Do you have a 401(k) with a former employer, or IRA's , or other investments that are at risk of loss?

You have completed your financial accumulation phase of your life, now you need to protect those assets from losses, so they can provide support for your life and those of your family. Annuities may provide you with the protection and stability you need in retirement.

LIFE INSURANCE AND FINAL EXPENSES

Funeral and burial expenses, as well as debt do not have to create a financial burden for your family. A whole life insurance policy can help cover these costs, as well as administrative and probate fees.

With a whole life policy your premium will never increase, and your coverage will never decrease and you cannot outlive your benefits. Your cash value is accumulated on a tax-deferred,and death benefits are typically tax-free.

No medical examination is required to obtain this valuable coverage. Just answer a few simple medical questions to determine the coverage for which you may qualify. Smokers can even qualify.

Get coverage now while you are still in good health, before it's too late. Choose your benefits to fit your needs and budget (the amount available will vary depending on your age and the state in which you live).

What if I need to replace an income or pension?  Are there other types of life insurance available to me?

There are three (3) general types of life insurance available to seniors:

• Permanent or Whole Life
• Term Life
• Universal life

Permanent or Whole life is a form of life insurance, where the policy is for the life of the insured, the payout is assured at the end of the policy (assuming the policy is kept current) and the policy accrues cash value. This type of policy offers consumers guaranteed cash value accumulation and a consistent premium throughout their entire life.

For Seniors, this type of policy is preferred to cover final expenses, as it meets the goals of steady premium and benefits for the remainder of their life. With the Average cost of a funeral climbing past $12,000 in the U.S. it is wise to invest in a policy to create ready cash for final expenses and may cover travel expense for relatives to attend and other unexpected costs.

A modest $35,000 whole life policy is a wise estate planning feature, it's inexpensive and may cover the necessary expenses without depleting your estate, which may not have liquid cash available at a time when it's desperately needed.