LONG TERM PLANNING
Host
Laura Hawley – CFP®, President at Allen & Company
Co-Host
Chad Jones – CFP®, MBA, Financial Advisor at Allen & Company
Guests
Susan Sartain – Regional Development Director at Cornerstone Hospice Palliative Care Foundation
Margaret Welch – Community Relations Coordinator with Cornerstone Hospice
In this episode we discuss a Living Will, making plans beyond retirement, Long Term Care Insurance, and the link between retirement and technology. We will also discuss long term retirement planning and help clarify, understand or make solid your plans for health and living long-term. We visit with Susan Sartain, Regional Development Director at Cornerstone Hospice Palliative Care Foundation and Margaret Welch, Community Relations Coordinator with Cornerstone Hospice.
In this episode we cover:
- Economic compass (1:25)
- Long term planning legal documents and how to make sure you have them (6:54)
- The later stages of retirement and the planning process (16:52)
- Visit with Susan Sartain, Regional Development Director at Cornerstone Hospice Palliative Care Foundation and Margaret Welch, Community Relations Coordinator with Cornerstone Hospice to discuss the offerings of Cornerstone Hospice Palliative Care Foundation (22:53)
- The importance of long term care insurance (25:40)
- The myths of hospice care and long term care (30:15)
Links From the Show:
Tweetable Topics:
It’s easy for them to understand but hard for people to take that next step in the planning phase of it. – Chad Jones, CFP®, MBA, Financial Advisor at Allen & Company
Usually people who save in a ROTH style 401K or IRA have increased spending power in retirement. – Chad Jones, CFP®, MBA, Financial Advisor at Allen & Company
While you can’t plan perfectly for everything, some planning is better than no planning. – Chad Jones, CFP®, MBA, Financial Advisor at Allen & Company
In this country, the average time that people utilize their hospice benefit is 17 days or less. – Margaret Welch, Community Relations Coordinator with Cornerstone Hospice
People are not using a benefit that they’ve paid for and can improve their quality of life. – Margaret Welch, Community Relations Coordinator with Cornerstone Hospice
Do you have a will or trust in place? – Chad Jones, CFP®, MBA, Financial Advisor at Allen & Company
70% of Americans over the age of 65 will need long term care services during their lifetime. – Laura Hawley – CFP®, President at Allen & Company
Connect with:
Laura Hawley – CFP®, President at Allen & Company
Allen & Company – Laura Hawley
Chad Jones – CFP®, MBA, Financial Advisor at Allen & Company
Allen & Company – Chad Jones
LinkedIn – Chad Jones
Susan Sartain – Regional Development Director at Cornerstone Hospice Palliative Care
LinkedIn – Susan Sartain
About LAURA HAWLEY
Laura began her lifelong career at Allen & Company as one of the youngest Financial Advisors in Florida more than 30 years ago.
A CERTIFIED FINANCIAL PLANNER™, Laura joined Allen & Company in 1983 and now serves as President and Chairperson of the Executive Committee. In addition, she was appointed to the Board of Directors in 2001. Laura played a crucial role in establishing the Viera office and served as Branch Manager until 2015. She holds Series 7, 66 and 24 licenses, as well as her Life, Health and Variable Annuities.
Laura’s holistic approach to financial planning, and her passion for teaching...