What You Should Know About Long-Term Care
Having a plan in place in the event of a long-term care event may be one of the most important steps you can take to help ensure your future financial security. And yet it's the one area of financial planning that often goes unaddressed. A long-term care event can have a significant impact on you and your family—financially, physically and emotionally. That is why it's important to plan for long-term care.
Learn more about long-term care, and what you should consider when putting together a plan, on the following pages:
Things You Should Know:
Things You Can Do:
Why choose Northwestern Mutual for Fee-Based Financial Planning?
The answer lies in our expertise. Our fee-based financial planners are experienced and credentialed wealth management advisors who have a command of complex strategies to help maximize tax efficiency and other complex issues that may impact your financial status. They’ll choose financial planning strategies that put your interests and goals above all others. By working with a fee-based financial planner, you are guaranteed a fiduciary relationship — the highest standard of responsibility in the planning profession.
How does Fee-Based Financial Planning work?
In developing your financial plan, your fee-based financial planner takes four steps:
- Discovery. We explore what’s important to you — your values, attitudes, preferences and vision for the future — so we can develop a plan that reflects your core values.
- Creative Solutions. We connect your vision and goals with financial strategies that will help make them a reality.
- Strategy Deployment. We provide an action plan for deploying these strategies in a way that helps to maximize your results.
- Results Management. We can help you evaluate your plan on an ongoing basis to ensure that your goals have been met. And, as your family situation changes, we can revisit your plan to ensure it aligns with your evolving needs