COMBINING YOUR BENEFITS
March 5, 2014
As you go through life you are probably going to be consumed by the day-to-day challenges that you are presented with along the way, and without question they are many and varied. You may not find yourself thinking too much about the future, but the truth is that the sooner you get started doing so the better.
A fact of life is that everyone ages, and there are some very profound things to take into consideration. Retirement is not a given, and it takes careful planning to be certain that you will have the financial resources that you need to be able to stop working at some point in time.
There is also the possibility of the need for long-term care eventually, and in fact most senior citizens are going to need living assistance. This care is expensive, and Medicare does not cover it.
All the above is why benefits planning is so important. It is possible to qualify for Medi-Cal to pay for long-term care, and of course if you are like most people your Social Security benefit is going to be an important part of your retirement income.
You may have military benefits coming to you, and some people will have a pension to draw from after they retire.
Understanding all of the benefits that are available to you and how to combine them can be complicated. This is where professional guidance comes in. If you would like to discuss your future with a seasoned and savvy expert, take a moment to set up an appointment with a good Redlands Elder Law attorney. He or she will evaluate your anticipated benefits, answer all your questions, and help you devise a comprehensive plan for aging.