The financial planning industry tells you that if you have enough money, you can do what all successful retirees do: travel the world, bike in Tuscany, and watch sunsets from the beach.
But that’s only part of the reality. Once you retire, you might live for decades. Early on, you may live the good life like the people in the financial planning brochures do. But that life probably won’t last forever, since more than two thirds of adults over 65 will need long-term care at some point in their lives.
A LifePlan is a coordinated, comprehensive, and multi-disciplinary plan for retirement that addresses the issues overlooked by the traditional financial-centric planning process.