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The mission of Next Act Financial Planning is to provide education, planning, ​and ongoing support to families and individuals who are confronting the aging process, while trying to understand the confusing mix of services available.
What's a Senior Life Action Plan?
A Senior Life Action Plan is a team effort. We'll work together to identify the specific risks and the specific positive possibilities. We'll follow the steps below to build a plan of action that makes sense to you.

     1. Identify personal lifestyle goals built on the individual's personality and current preferences
​          * Understand the options along the continuum of care as we age
          * What are the pros and cons of different directions based on personality, as well as current
               and expected health
          
     2. Identify the resources & obstacles
          * Financial resources
          * "Other resources" - family, friends, personal skills, amount of positive energy & attitude
          * Specific health concerns - physical, mental, emotional
          * Location, location, location

     3. Build the knowledge of detailed options - short and long term
          * Build a structure for execution
          * Narrow Living and support options
               #From Independent Living to Assisted Living to Skilled Nursing facilities to
                    Continuing Care Retirement Communities (CCRCs)
               #In home at various stages of care needs - risks & benefits 
          * Funding strategies
               #Best asset draw down strategies
               #Where do Medicare and Medicaid fit in
               #Long Term Care insurance
               #Line of Credit / Reverse Mortgage considerations
 
     4. Steps to execution
          * Tie in identified goals, obstacles, & resources (financial & non-financial), to build detailed
               short and long term steps to reach the desired outcomes
          * Identify when it may be appropriate to involve an Elder Law Attorney, Psychologist, Social Worker,
​               or Geriatric Care Manager


Life is ever changing - particularly at this time of life. As with any financial plan, it's impossible to build a single plan to cover all possibilities. Every Senior Life Action Plan is a living, changing plan of action and needs to be treated that way. Alternative directions based on changing health or changing desires must always be expected.      
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  • Home
  • About
  • Services & Fees
  • Contact
  • What's a Senior Life Action Plan?
  • Fee Only? So?
  • Information & Resources