Long Term Care (LTC) is one of the most uncertain expenses of retirement, and possibly the largest. Most people know that Medicare does not cover Long Term Care (with some minor exceptions) and, therefore, retirees have to find other ways to cover the costs. With the cost of LTC continuing to increase and cost projections in the hundreds of thousands, it is critical for the rest of our retirement that we plan properly for this expense. This workshop will examine the challenges that we all have in planning for LTC, in particular with how long we may need it and how much it will cost. The workshop will propose a flexible framework that will allow you to plan so that you can minimize the risks to you and your wealth. When planned properly, you will be free to focus your time on other more pleasant aspects of retirement.
Chris Chen, CFP® CDFA is a fiduciary wealth strategist who helps individuals and families plan difficult life transitions such as retirement and divorce, His cost-effective and tax-efficient strategies help clients achieve their long term financial goals with wealth preservation, retirement income planning, and legacy planning.
Chris was recognized as Five Star Wealth Manager for 2020. He was also recognized by Investopedia as one of the 100 Most Influential Advisors of 2018 and 2019. He has been widely quoted in the Boston Globe, New York Times, Forbes, CNBC, Wall Street Journal, Marketwatch, Investment News and Bloomberg. He has also been published in the Boston Globe, Kiplinger and Investopedia.
Chris is a member of the National Association of Financial Advisors (NAPFA), Financial Planning Association, the XY Planning Network, and the Massachusetts Council on Family Mediation. He was the founding Director of the Greater Boston Chapter of the Association of Divorce Financial Planners