SAFE MONEY STRATEGIES
CREATIVE LONG TERM CARE STRATEGIES
SOCIAL SECURITY MAXIMIZATION
GUARANTEED RETIREMENT INCOME PROGRAMS
Long-term care is one of the biggest uncertainties facing retirees. The cost of a private room in a nursing home in Northeast, PA as calculated by Genworth’s 2017 Cost of Care survey, can be as high as $111,325 annually.
Additionally, the U.S. Department of Health and Human Services estimates that most Americans turning 65 will need some form of long-term care in their lifetime, yet many retirees have simply not planned for it. (https://longtermcare.acl.gov/the-basics/who-needs-care.html)
Longer life spans into the mid-80s are leaving more retirees subject to the unavoidable effects of aging — stroke, Parkinson’s, Alzheimer’s and osteoporosis. These conditions are some of the leading causes of long-term care.
We are 1st Financial Investments - Northeast PA's Premiere, Independent Financial Services Firm.
We take a SAFETY FIRST approach to helping you achieve your retirement goals, and believe that professional analysis of your personal goals and plans for the future of your retirement is key in helping you to be successful.
We also utilize other specialized professionals such as certified public accountants (CPA) and Estate Planning Attorneys to help you successfully meet your objectives.
In a digital world, face to face planning is still the most important retirement strategy, FOX News 19
How will you pay for Long Term Care? Scranton Times Tribune
Three tools to get the most from your Required Minimum IRA Distributions, Scranton Times Tribune
Six good reasons to retire your 401-k when you retire, Scranton Times Tribune
An old standby for income reaches record sales, Scranton Times Tribune
Social Security retirement benefits, Scranton Times Tribune
Merit aid for College, Scranton Times Tribune
"Remember, what does 'retirement' mean? It doesn't mean that you're a couch potato. Leisure is not the same thing as rest. If you're bicycling five miles a day, that's leisure, but it certainly takes a lot of effort."