Suzanne Wolfson, MBA, CFP

Financial Planner for Retirement
Suzanne Wolfson, CFP® is the founder of For Retired Only™, a fee-based financial planning...read more

How to Pay for Long-term Care without Breaking the Bank

Meeting increased elder care costs requires making hard decisions and taking a judicious and strategic look at your financial options. These decisions are often fraught with conflicting emotional concerns. I recommend you incorporate a careful and objective cost-benefit analysis of all the variables. Be aware of the potential consequences of every decision you make—not just the financial consequences, but the personal ones. Being knowledgeable about the issues and pitfalls can help you avoid undesirable surprises that cannot be rectified (e.g.,...Read entire article »

What’s in Your Parent’s Wallet? (And What That Means for You)

Taking stock of your elderly parent’s financial situation usually requires initiating a potentially uncomfortable discussion—money matters are a touchy subject, especially when family comes into play. Elderly parents are often reluctant to share control of their finances. It may be simply that they just don’t know the details surrounding the state of their finances. No matter what the situation, try to include your parents in managing their finances. Eliminating their involvement may prove to be psychologically debilitating to them, as...Read entire article »

Financial Planning for the Elderly: Assisting Clients & Their Caregivers

It’s no surprise that with age, seniors often experience increased limitations, the loss of certain abilities and require more assistance with the activities of daily living. It is equally unsurprising that one’s finances largely influence the types of services and long-term care available to that individual. An experienced financial planner for the elderly can provide seniors and their families with invaluable advice on money issues and more, to help seniors find the appropriate solution to their particular situation. Some...Read entire article »

Financial Planning for the Elderly: a Personal Perspective

Being that this is my first contribution to Gilbert Guide’s helpful elder care blog, I thought it appropriate to provide you with a little insight about myself outside what’s available on my Web site, www.forretiredonly.com . Beyond my 29 years of providing financial services to the public in a wide variety of areas, I have also personally confronted some of these difficult issues with my own parents. My clients and their children deal with a myriad of concerns, problems, and...Read entire article »