Fresno Financial Consultant: November 2020 Highlights

Fresno Financial Advisor News: The High Price of Health Care in America

If the U.S. health-care sector was a separate country, it would be the fourth largest economy in the world when measured by gross domestic product. Currently, the nation spends an average of $3.5 trillion annually on health care, more than Australia, Brazil, Canada, China, France, Germany, Italy, Japan, Spain and the United Kingdom combined.¹ If you break that down by how much we spend per capita compared to other countries, it looks like this:²

• U.S.: $10,246
• Australia: $5,331
• Germany: $5,033
• Canada: $4,754
• Japan: $4,168
• United Kingdom: $3,858
• Singapore: $2,618

It’s also worth noting that more Americans die by preventable and treatable medical conditions than in those countries, as well.³ This is one those expenses that can make it tough for consumers to save money. One reason is because health care pricing isn’t transparent. Even if you shop around for a low-cost procedure in a hospital, you’re still likely to get hit with other separate charges. For example, the expense of an out-of-network anesthesiologist who happened to be working on the day of your operation. Most patients do not get the bill they were expecting, and it often comes a few months down the road. Another reason we have a hard time curbing spending is that U.S. health care doesn’t benefit from the normal principles of capitalism. Without greater transparency of fees, there is very little competitive pricing that would normally help drive costs down. Health care is expensive whether you’re still working or retired. There are several ways to help you save in case you have excessively high health-care costs in the future, such as a health savings account or a whole life insurance policy that allows you to tap into a growing cash account. If you’d like to learn more about flexible ways to save or help leverage assets for high care costs, please contact us. Read More

Fresno Retirement Consultant News: Home Health: Has the Time Come?

The health care industry has been trying to contain expenses through technology offering medical services to people at home. Some insurance plans offer a 24-hour nurse line, allowing you to call a nurse for advice in the middle of the night about a child’s high fever rather than rush to the emergency room. Some providers promote telemedicine for chronic care patients, using a quick video conference to update patient information and allow for a cursory visual exam. This growing trend has accelerated in light of the coronavirus, which may well be a silver lining. In recent months, virtual care has skyrocketed in use as consumers quickly adopt technology-enabled physician visits as a safer option. Before the pandemic, an average 13,000 Medicare beneficiaries received telemedicine in the span of a week. By the end of April 2020, nearly 1.7 million a week engaged in telemedicine calls.¹ On average, a telemedicine call costs $79 versus $146 for a doctor’s office visit.² This has been particularly key for elderly patients who tend to need more health care but are also more vulnerable to the devastating effects of COVID-19. In fact, seniors who receive in-home assisted living have avoided the rampant contagion that has been occurring in nursing homes.³ To further assist the at-home elderly, the Centers for Medicare & Medicaid Services proposed a rule in June that would permanently allow reimbursement of administrative expenses for home-health agencies registered with Medicare. Today, about 6 million older Americans receive some form of home-health care, such as skilled nursing, physical therapy, speech-language pathology, occupational therapy, home health aides and medical social services. The Trump Administration is also recommending upping payment rates for home-health providers by 2.6% starting in 2021.⁴ The reality is that people are living well into old age and most people in their late 80s and 90s do need in-home care assistance, whether medical or otherwise. It is very expensive. If you would like to explore ways to help leverage your retirement assets in the event you need to pay for in-home care during your later years, please contact us. Read More

Fresno Financial Consultant News: Is it Time to Go Global?

Competitive edge is a real factor. Here in the U.S., we boast that capitalism is the key to our success. Unfortunately, that key has gotten a little rusty lately thanks to the rampant spread of COVID-19 throughout the country. Some areas have locked down or experienced slowed economic growth because of safety protocols that prevented business as usual. The principles of capitalism – such as competition and supply and demand – have been crippled.¹ On the other hand, countries that were hit early on with the pandemic have managed to control the contagion and reopen their economies.² Market analyst Carl Kawaja believes this comparative advantage gives way to more global opportunities than the U.S. can currently pursue. In his words: “I like to compare it to basketball – a sport where the U.S. historically has been fairly dominant. But then Argentina started getting better, and Greece started getting better, and Spain started getting better. And, the next thing you know, the U.S. lost the Olympics.”³ The good news is U.S. investors can take advantage if international companies pull ahead in the near-term while we struggle to flatten the curve of contagion. If you would like to consider ways to incorporate more global equity opportunity within your asset allocation, we’re happy to work with you. Don’t hesitate to reach out to schedule a consultation. Regardless of the state of the pandemic, it’s important to recognize that not all the best investment opportunities are in the United States. According to the World Bank, in 2018 the nation represented only 44% of world stock market capitalization.⁴ Read More

Fresno Retirement Advisor News: The Future of Retirement Planning

As of the end of July, the stock market was still performing relatively well and the Federal Reserve had announced no near-term changes to interest rates.¹ However, other economic news was not as rosy. According to the Bureau of Economic Analysis, the U.S. economy contracted by nearly a third (32.9% annual rate) in the second quarter of this year.² The pandemic has taken quite a toll on the U.S. economy. While eventually the economy will recover, individuals may want to re-assess their retirement portfolios going forward. Long term, it’s important to consider what types of permanent changes may take place post-pandemic, and how to anticipate them for long-term retirement planning. For example, one of the issues with employer-sponsored 401(k) plans is that they are designed to take advantage of tax-deferred growth. However, given today’s historically low tax rates, that is less of an advantage than it was when the idea was first introduced. Consider a median-income married couple with two children:³

• In 1980, the marginal federal income tax rate was 43%. Today, it is 12%.
• In 1980, the capital gains tax rate was 28%. Today, it is 0%.
• In 1980, interest rates were around 15%. Today, they are 0%.

Tax rates could be adjusted upward in light of the debt America continues to accumulate through COVID-19 stimulus efforts. However, they may not rise as high as tax rates were back in the early ’80s. Read More Other Fresno Financial Advisor Articles

Our firm is not affiliated with the U.S. government or any governmental agency. We are an independent firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives. This material is intended to provide general information to help you understand basic retirement income strategies and should not be construed as financial advice. Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Soutas Financial & Insurance Solutions, Inc are not affiliated companies. California Insurance License # OK48173 The information contained in this material is believed to be reliable, but accuracy and completeness cannot be guaranteed; it is not intended to be used as the sole basis for financial decisions. Investing involves risk, including possible loss of principal. Insurance product guarantees are backed by the financial strength and claims-paying ability of the issuing company. Diversification cannot ensure a profit or guarantee against losses in a declining market. If you are unable to access any of the news articles and sources through the links provided in this text, please contact us to request a copy of the desired reference. 722736 – 9/20

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Fresno Retirement Advisor News: The Future of Retirement Planning

Fresno Retirement Advisor News: The Future of Retirement Planning

Schedule Your Tele-Visit!

As of the end of July, the stock market was still performing relatively well and the Federal Reserve had announced no near-term changes to interest rates.¹ However, other economic news was not as rosy. According to the Bureau of Economic Analysis, the U.S. economy contracted by nearly a third (32.9% annual rate) in the second quarter of this year.²

The pandemic has taken quite a toll on the U.S. economy. While eventually the economy will recover, individuals may want to re-assess their retirement portfolios going forward. Long term, it’s important to consider what types of permanent changes may take place post-pandemic, and how to anticipate them for long-term retirement planning.

For example, one of the issues with employer-sponsored 401(k) plans is that they are designed to take advantage of tax-deferred growth. However, given today’s historically low tax rates, that is less of an advantage than it was when the idea was first introduced. Consider a median-income married couple with two children:³

• In 1980, the marginal federal income tax rate was 43%. Today, it is 12%.
• In 1980, the capital gains tax rate was 28%. Today, it is 0%.
• In 1980, interest rates were around 15%. Today, they are 0%.

Tax rates could be adjusted upward in light of the debt America continues to accumulate through COVID-19 stimulus efforts. However, they may not rise as high as tax rates were back in the early ’80s.

A leading professional in retirement income research, Olivia Mitchell, executive director of the Wharton School’s Pension Research Council, recommends that more employer retirement plans incorporate an annuity option, and even mandate a 10% allocation to that annuity.⁴ This would establish a larger pool of insured annuitants to help fund income for retirees who live longer. Until this happens, bear in mind that anyone can incorporate an annuity into his or her personal financial strategy to receive insurer-guaranteed income during retirement. If you’d like to learn more, please contact us.

Another long-term consideration is the status of Social Security. A recent study concluded that potential cuts to benefits could come faster than expected, thanks to COVID-19. Researchers discovered the Social Security Trust Fund may be depleted up four years earlier than previously predicted — as early as 2032. This highlights the importance of saving more toward retirement.⁵ Post-pandemic, there may be significant changes that could impact investor portfolio opportunities. For example, this type of disruption in business models often leads to new innovations, so keep an eye on sectors and industries coming up with new ideas. Also, the newly accepted remote model for both work and school poses interesting opportunities in terms of people living much further away from their employers and colleges, even in different states. This means people could be less inclined to move to urban areas for jobs. Rural regions may see an uptick in populations where young people could purchase homes and start building equity at a younger age.⁶

Fresno Retirement Advisor Takeaways 

Fresno financial planning is our utmost concern here at Soutas Financial and we thought these takeaways were worth mentioning again: The pandemic has taken quite a toll on the U.S. economy. While eventually the economy will recover, individuals may want to re-assess their retirement portfolios going forward. For example, one of the issues with employer-sponsored 401(k) plans is that they are designed to take advantage of tax-deferred growth. However, given today’s historically low tax rates, that is less of an advantage than it was when the idea was first introduced. Bear in mind that anyone can incorporate an annuity into his or her personal financial strategy to receive insurer-guaranteed income during retirement. If you’d like to learn more, please contact us.

Diversifying your retirement assets among a variety of vehicles and alternatives—both insurance and investment oriented, depending on what is appropriate for your situation—may offer you a better chance of meeting your retirement income goals throughout your lifespan. We help our clients with problems sometimes associated with retirement such as stopping spend down and avoiding probate. In doing so we leverage stop spend down as well as long-term care strategies designed to help accomplish those goals.

When searching for Fresno financial advisors, look no further than Soutas Financial & Insurance Solutions Inc. your Fresno financial advisor is committed to helping take the complexity out of retirement planning. By using a variety of insurance and investment strategies that focus on Asset Protection, Long-Term Care Strategies, Legacy Planning, Tax-Efficient Strategies, IRA, 401(k) & 403(b) Rollovers, Life Insurance Annuities, Medicare, we can help you develop an overall retirement income strategy specific to you and your family. We have a strong team of professionals helping ensure you receive all the assistance you need not only in developing your retirement income strategy, but in maintaining it throughout your retirement. Contact us today at 559-230-1648 or visit us today at Soutas Financial to get your retirement plans on track for success!

Schedule Your Tele-Visit!

Other Fresno Financial Advisor Articles 

Soutas Financial & Insurance Solutions Inc. 
333 W. Shaw Avenue Suite 106
Fresno, CA 93704 
(559) 230-1648 
Soutas.com 

Content prepared by Kara Stefan Communications. 

¹ Joseph Woelfel. TheStreet. June 29, 2020. “Stocks Close Higher as Fed Vows Continued Support for Economy.” https://www.thestreet.com/markets/stock-market-dow-jones-industrial-average-general-electric-072920. Accessed July 30, 2020.

² Anneken Tappe. CNN. July 30, 2020. “US economy posts its worst drop on record.” https://www.cnn.com/2020/07/30/economy/us-economy-2020-second-quarter/index.html. Accessed July 30, 2020.

³ Aaron Brown. Bloomberg. July 21, 2020. “401(k) Plans No Longer Make Much Sense for Savers.” https://www.bloomberg.com/opinion/articles/2020-07-21/401-k-plans-no-longer-make-much-sense-for-savers. Accessed July 28, 2020.

⁴ Knowledge@Wharton. July 14, 2020. “Post-pandemic Retirement: Can We Build More Resilient Systems?” https://knowledge.wharton.upenn.edu/article/post-pandemic-retirement-can-build-resilient-systems/. Accessed July 28, 2020.

⁵ Lorie Konish. CNBC. June 28, 2020. “What you need to know if you’re planning to claim Social Security retirement benefits during Covid-19.” https://www.cnbc.com/2020/06/28/coronavirus-what-to-know-if-you-plan-to-claim-social-security.html. Accessed July 28, 2020.

⁶ CapTrust. July 18, 2020. “Planning a Post-Pandemic Portfolio.” https://www.captrust.com/planning-a-post-pandemic-portfolio/. Accessed July 28, 2020.

Our firm is not affiliated with the U.S. government or any governmental agency. 
 
We are an independent firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives. This material is intended to provide general information to help you understand basic retirement income strategies and should not be construed as financial advice. Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Soutas Financial & Insurance Solutions, Inc are not affiliated companies. California Insurance License # OK48173 
 
The information contained in this material is believed to be reliable, but accuracy and completeness cannot be guaranteed; it is not intended to be used as the sole basis for financial decisions. Investing involves risk, including possible loss of principal. Insurance product guarantees are backed by the financial strength and claims-paying ability of the issuing company. Diversification cannot ensure a profit or guarantee against losses in a declining market. If you are unable to access any of the news articles and sources through the links provided in this text, please contact us to request a copy of the desired reference. 8/20-1294954C

The post Fresno Retirement Advisor News: The Future of Retirement Planning appeared first on Soutas Financial & Insurance Solutions Inc..

source https://soutas.com/fresno-retirement-advisor-news-the-future-of-retirement-planning/?utm_source=rss&utm_medium=rss&utm_campaign=fresno-retirement-advisor-news-the-future-of-retirement-planning

Fresno Financial Consultant News: Is it Time to Go Global?

Fresno Financial Consultant News: Is it Time to Go Global?

Schedule Your Tele-Visit!

Competitive edge is a real factor. Here in the U.S., we boast that capitalism is the key to our success. Unfortunately, that key has gotten a little rusty lately thanks to the rampant spread of COVID-19 throughout the country. Some areas have locked down or experienced slowed economic growth because of safety protocols that prevented business as usual.

The principles of capitalism – such as competition and supply and demand – have been crippled.¹ On the other hand, countries that were hit early on with the pandemic have managed to control the contagion and reopen their economies.² Market analyst Carl Kawaja believes this comparative advantage gives way to more global opportunities than the U.S. can currently pursue. In his words: “I like to compare it to basketball – a sport where the U.S. historically has been fairly dominant. But then Argentina started getting better, and Greece started getting better, and Spain started getting better. And, the next thing you know, the U.S. lost the Olympics.”³

The good news is U.S. investors can take advantage if international companies pull ahead in the near-term while we struggle to flatten the curve of contagion. If you would like to consider ways to incorporate more global equity opportunity within your asset allocation, we’re happy to work with you. Don’t hesitate to reach out to schedule a consultation.

Regardless of the state of the pandemic, it’s important to recognize that not all the best investment opportunities are in the United States. According to the World Bank, in 2018 the nation represented only 44% of world stock market capitalization.⁴

Investing internationally does have its risks. But there are ways to do it strategically, such as investing in global mutual funds or ETFs, leaving the day-to-day stock picking to a professional money manager, whose job it is to weigh those risks, such as currency fluctuation, lack of government regulation, economic instability and the disruption of civil unrest. This means professional market analysts do the research and move assets in and out of geographic regions on your behalf.⁵

In recent weeks, Blackrock commented Europe has a “leg up” over the U.S. as well as other parts of the globe, citing the EU’s health care infrastructure and policy response to the pandemic. The money manager noted the region’s monetary and fiscal support provided a cushion during the pandemic that left many countries able to recover faster economically.⁶

Investors seeking income may consider global bonds, which have historically outperformed during short-term periods of market turmoil. They also offer the opportunity for long-term diversification benefits to U.S. investor portfolios.⁷

Fresno Financial Consultant Takeaways 

Soutas Financial your Fresno financial planner would like to remind you about the following points: The principles of capitalism – such as competition and supply and demand – have been crippled.¹ On the other hand, countries that were hit early on with the pandemic have managed to control the contagion and reopen their economies.² The good news is U.S. investors can take advantage if international companies pull ahead in the near-term while we struggle to flatten the curve of contagion. Investing internationally does have its risks. But there are ways to do it strategically, such as investing in global mutual funds or ETFs, leaving the day-to-day stock picking to a professional money manager, whose job it is to weigh those risks, such as currency fluctuation, lack of government regulation, economic instability and the disruption of civil unrest.

Diversifying your retirement assets among a variety of vehicles and alternatives—both insurance and investment oriented, depending on what is appropriate for your situation—may offer you a better chance of meeting your retirement income goals throughout your lifespan. We help our clients with problems sometimes associated with retirement such as stopping spend down and avoiding probate. In doing so we leverage strategic wealth management as well as retirement annuity designed to help accomplish those goals.

When searching for Fresno financial advisors, look no further than Soutas Financial & Insurance Solutions Inc. your Fresno retirement planning advisor is committed to helping take the complexity out of retirement planning. By using a variety of insurance and investment strategies that focus on Asset Protection, Long-Term Care Strategies, Legacy Planning, Tax-Efficient, Strategies IRA, 401(k) & 403(b) Rollovers, Life Insurance, Annuities, Medicare, we can help you develop an overall retirement income strategy specific to you and your family. We have a strong team of professionals helping ensure you receive all the assistance you need not only in developing your retirement income strategy, but in maintaining it throughout your retirement. Contact us today at 559-230-1648 or visit us today at Soutas Financial to get your retirement plans on track for success!

Schedule Your Tele-Visit!

Other Fresno Financial Advisor Articles 

Soutas Financial & Insurance Solutions Inc. 
333 W. Shaw Avenue Suite 106
Fresno, CA 93704 
(559) 230-1648 
Soutas.com 

Content prepared by Kara Stefan Communications. 

¹ Jim Chappelow. Investopedia. April 6, 2020. “Capitalism.” https://www.investopedia.com/terms/c/capitalism.asp. Accessed July 20, 2020.

² Ferdinando Giugliano. Bloomberg. July 6, 2020. “Why Europe’s in Better Shape Than the U.S.” https://www.bloomberg.com/opinion/articles/2020-07-06/coronavirus-recovery-why-europe-s-in-better-shape-than-the-u-s. Accessed July 20, 2020.

³ Capital Group. June 24, 2020. “Midyear Outlook: International markets on the comeback trail.” https://www.capitalgroup.com/advisor/insights/articles/international-midyear-outlook-2020.html. Accessed July 20, 2020.

⁴ James D. Peterson. Charles Schwab. Nov. 13, 2019. “Why Global Diversification Matters.” https://www.schwab.com/resource-center/insights/content/why-global-diversification-matters. Accessed July 20, 2020.

⁵ Tinesh Bhasin. LiveMint. July 24, 2020. “What to keep in mind if you want to invest in global markets.” https://www.livemint.com/money/personal-finance/what-to-keep-in-mind-if-you-want-to-invest-in-global-markets-11593015469209.html. Accessed July 20, 2020.

⁶ Callum Keown. MarketWatch. July 20, 2020. “Risks are mounting for U.S. stocks. Here’s where BlackRock says investors should look instead.” https://www.marketwatch.com/story/risks-are-mounting-for-us-stocks-heres-where-investors-should-look-instead-says-blackrock-2020-07-20. Accessed July 20, 2020.

⁷ David Wakefield. Pensions & Investment. July 13, 2020. “Investing during a pandemic: Three results a global fixed income strategy can deliver.” https://www.pionline.com/Mondrian_globalfixedincome. Accessed July 20, 2020.

Our firm is not affiliated with the U.S. government or any governmental agency. 
 
We are an independent firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives. This material is intended to provide general information to help you understand basic retirement income strategies and should not be construed as financial advice. Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Soutas Financial & Insurance Solutions, Inc are not affiliated companies. California Insurance License # OK48173 
 
The information contained in this material is believed to be reliable, but accuracy and completeness cannot be guaranteed; it is not intended to be used as the sole basis for financial decisions. Investing involves risk, including possible loss of principal. Insurance product guarantees are backed by the financial strength and claims-paying ability of the issuing company. Diversification cannot ensure a profit or guarantee against losses in a declining market. If you are unable to access any of the news articles and sources through the links provided in this text, please contact us to request a copy of the desired reference. 8/20-1290763C

The post Fresno Financial Consultant News: Is it Time to Go Global? appeared first on Soutas Financial & Insurance Solutions Inc..

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Fresno Retirement Consultant News: Home Health: Has the Time Come?

Fresno Retirement Consultant News: Home Health: Has the Time Come?

Schedule Your Tele-Visit!

The health care industry has been trying to contain expenses through technology offering medical services to people at home. Some insurance plans offer a 24-hour nurse line, allowing you to call a nurse for advice in the middle of the night about a child’s high fever rather than rush to the emergency room. Some providers promote telemedicine for chronic care patients, using a quick video conference to update patient information and allow for a cursory visual exam.

This growing trend has accelerated in light of the coronavirus, which may well be a silver lining. In recent months, virtual care has skyrocketed in use as consumers quickly adopt technology-enabled physician visits as a safer option. Before the pandemic, an average 13,000 Medicare beneficiaries received telemedicine in the span of a week. By the end of April 2020, nearly 1.7 million a week engaged in telemedicine calls.¹ On average, a telemedicine call costs $79 versus $146 for a doctor’s office visit.²

This has been particularly key for elderly patients who tend to need more health care but are also more vulnerable to the devastating effects of COVID-19. In fact, seniors who receive in-home assisted living have avoided the rampant contagion that has been occurring in nursing homes.³ To further assist the at-home elderly, the Centers for Medicare & Medicaid Services proposed a rule in June that would permanently allow reimbursement of administrative expenses for home-health agencies registered with Medicare. Today, about 6 million older Americans receive some form of home-health care, such as skilled nursing, physical therapy, speech-language pathology, occupational therapy, home health aides and medical social services. The Trump Administration is also recommending upping payment rates for home-health providers by 2.6% starting in 2021.⁴

The reality is that people are living well into old age and most people in their late 80s and 90s do need in-home care assistance, whether medical or otherwise. It is very expensive. If you would like to explore ways to help leverage your retirement assets in the event you need to pay for in-home care during your later years, please contact us.

Home-health care is now advancing to a point that addresses one of the elderly’s greatest fears: hospital visits. Because some older people end up dying while in the hospital, it is often associated with dying rather than healing. Unfortunately, it’s true that many older people risk contracting infections and other debilitating effects as a result of entering the hospital for an unrelated ailment. This is particularly true for patients who are frail, cognitively impaired or have other vulnerabilities.⁵

This reality has prompted Medicare to allow hospital providers to be reimbursed for acute care services delivered in surgery centers, hotels or other non-hospital facilities. The Veterans Health Administration has even funded its own hospital-at-home program. For example, a physician assistant or nurse practitioner may be able to administer lab tests, X-rays and other treatments in the home of a patient, whereas an emergency medicine physician can make diagnosis and treatment decisions via virtual consultation.⁶

Fresno Retirement Consultant Takeaways 

As your Fresno financial advisor we thought this was a good takeaway: In recent months, virtual care has skyrocketed in use as consumers quickly adopt technology-enabled physician visits as a safer option. This has been particularly key for elderly patients who tend to need more health care but are also more vulnerable to the devastating effects of COVID-19. The reality is that people are living well into old age and most people in their late 80s and 90s do need in-home care assistance, whether medical or otherwise. It is very expensive. If you would like to explore ways to help leverage your retirement assets in the event you need to pay for in-home care during your later years, please contact us.

Diversifying your retirement assets among a variety of vehicles and alternatives—both insurance and investment oriented, depending on what is appropriate for your situation—may offer you a better chance of meeting your retirement income goals throughout your lifespan. We help our clients with problems sometimes associated with retirement such as stopping spend down and avoiding probate. In doing so we leverage Medi-Care long term care as well as risk management designed to help accomplish those goals.

When searching for Fresno financial advisors, look no further than Soutas Financial & Insurance Solutions Inc. your Fresno portfolio advisor is committed to helping take the complexity out of retirement planning. By using a variety of insurance and investment strategies that focus on Asset Protection, Long-Term Care Strategies, Legacy Planning Tax-Efficient, Strategies IRA, 401(k) & 403(b) Rollovers Life Insurance, Annuities, Medicare, we can help you develop an overall retirement income strategy specific to you and your family. We have a strong team of professionals helping ensure you receive all the assistance you need not only in developing your retirement income strategy, but in maintaining it throughout your retirement. Contact us today at 559-230-1648 or visit us today at Soutas Financial to get your retirement plans on track for success!

Schedule Your Tele-Visit!

Other Fresno Financial Advisor Articles 

Soutas Financial & Insurance Solutions Inc. 
333 W. Shaw Avenue Suite 106
Fresno, CA 93704 
(559) 230-1648 
Soutas.com 

Content prepared by Kara Stefan Communications. 

¹ Mia Jasper. NextGov. July 17, 2020. “Early data shows patients quickly embraced telemedicine options agencies expanded during the coronavirus pandemic.” https://www.nextgov.com/it-modernization/2020/07/lawmakers-push-make-telehealth-options-permanent/166965/. Accessed July 17, 2020.

² Himanshu Kansal. Highpoint. July 14, 2019. “Telemedicine: The cost effective future of healthcare.” https://www.highpointsolutions.com/telemedicine-cost-effective-future-healthcare/. Accessed July 15, 2020.

³ Bailey Bryant. Home Health Care News. July 14, 2020. “UnityPoint Health Developing New SNF-at-Home Model, Seeking Home Care Partner.” https://homehealthcarenews.com/2020/07/unitypoint-health-seeks-home-care-partner-for-new-snf-at-home-model%EF%BB%BF/. Accessed July 15, 2020.

⁴ Rebecca Pifer. HealthCareDive. June 26, 2020. “CMS wants to make home health telemedicine permanent.”

https://www.healthcaredive.com/news/cms-wants-to-make-home-health-telemedicine-permanent/580615/. Accessed July 15, 2020.

⁵ Martha Hostetter and Sarah Klein. The Commonwealth Fund. July 7, 2020. “Has the Time Finally Come for Hospital at Home?” https://www.commonwealthfund.org/publications/newsletter-article/2020/jul/has-time-finally-come-hospital-home. Accessed July 15, 2020.

⁶ Ibid.

Our firm is not affiliated with the U.S. government or any governmental agency. 
 
We are an independent firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives. This material is intended to provide general information to help you understand basic retirement income strategies and should not be construed as financial advice. Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Soutas Financial & Insurance Solutions, Inc are not affiliated companies. California Insurance License # OK48173 
 
The information contained in this material is believed to be reliable, but accuracy and completeness cannot be guaranteed; it is not intended to be used as the sole basis for financial decisions. Investing involves risk, including possible loss of principal. Insurance product guarantees are backed by the financial strength and claims-paying ability of the issuing company. Diversification cannot ensure a profit or guarantee against losses in a declining market. If you are unable to access any of the news articles and sources through the links provided in this text, please contact us to request a copy of the desired reference. 7/20 – 1252133B

The post Fresno Retirement Consultant News: Home Health: Has the Time Come? appeared first on Soutas Financial & Insurance Solutions Inc..

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Fresno Financial Planner: October 2020 Highlights

Fresno Financial Advisor News: Feeling Financial Stress? Here’s How to Cope

When the coronavirus first began to reveal its ugly head in America, people were concerned. Not just about their health, but about their finances. Nearly nine out of 10 people (88%) surveyed by the National Endowment for Financial Education said they were worried about their financial situation.1

Financial stress is not exclusive to lower-income workers. In fact, during this particular crisis, many lower-income jobs are deemed “essential services” and are in high demand. Professionals employed in other industries, such as physicians, dentists and many small-business owners, have had to reduce their client base and/or temporarily close shop altogether. Nearly eight out of 10 (79%) people with a household income of more than $100,000 a year report being at least somewhat concerned about their finances.2

Take Charge

One way to handle financial stress is to deal with it head on. Take stock of the resources you do have; this may or may not help you feel better. Either way, knowledge is power. We may not be able to control the virus or its toll on the U.S. economy, but knowing what we have gets us one step closer to developing a plan for financial sustainability. For example, your personal financial assets may include: Savings accounts, Investment accounts, Retirement accounts, Health savings accounts, College savings accounts, Whole life insurance, Real property, Structured settlements, Vehicles (auto, boat, motorcycle, recreational), Art, jewelry, wine or other high-value collectibles, Expensive furnishings and household items.

Read More

Fresno Retirement Consultant News: Policy Issues, Stock Market Performance and the Election

The 2020 election presents an interesting distinction between candidates. While historically, the incumbent president has offered a certain stability for another four years, Donald Trump’s style of governing could be considered unorthodox and unpredictable at times. In contrast, former Vice President Joe Biden served for eight years under President Obama, and many feel his track record and style of governing may actually be the more predictable of the two.

Putting personal characteristics aside, each candidate’s stance on the policy issues can offer some clues as to how the country may respond under the next president — and the nation’s potential for economic growth in the future.

Policy Issues

According to recent surveys conducted by Pew Research, nearly 80% of registered voters report that the key to their vote will be the candidates’ policy direction for the economy.1 This is particularly important right now given this year’s rapid decline in growth and employment due to the COVID-19 pandemic.

Read More

Fresno Financial Consultant News: College Disrupted

Colleges all over the country have introduced incoming freshmen to orientation online, an entirely different experience. The online format offers several advantages in that more information can be presented and web pages bookmarked for future reference. This may be preferable to the barrage of information students normally receive during a seemingly rushed one-to-two-day orientation. However, many students have expressed concerns about not getting to tour the campus and get a feel for where their classes will be held.¹

The economic impact of the coronavirus has likely affected everyone in one way or another. If you having been paying or saving for a child to attend college this fall, you may want to reconsider your options. Many students take a gap year before or during college either for another type experience or just to grow up a little more before living on their own. The pandemic makes this a more viable option. One of the benefits is a gap year could give families a little more time to save and potentially earn more from their investments. If you’d like help assessing your situation and exploring ways to help protect or potentially maximize your savings, we’re here to assist you.

One of the biggest concerns is the possibility that students won’t be able to attend college campuses in the fall, given the current rise of outbreaks in different parts of the country. Fortunately, most colleges finished out their spring semester by moving to an online format as students returned home. With many of these logistics already worked out, it’s possible online classes will be far more prevalent for the rest of 2020 and even beyond.

Read More

Fresno Retirement Advisor News: The Highs and Lows of Dollar-Cost Averaging

Investors who defer the same amount of money from their paycheck into a 401(k) plan at regular intervals are practicing dollar-cost averaging. By investing the same fixed dollar amount each time, the investor buys more shares when prices are low and fewer shares when prices rise.¹ The long-term effect is that the average cost of each share purchased will be lower than the average share price.²

This strategy can work great when you are trying to accumulate assets for your retirement. But what happens when you withdraw from your investments for retirement income? While dollar-cost averaging reduces the risk of investing a lump sum of money when prices peak, it increases your risk of losing previous gains if you withdraw money when prices have dropped. If a retiree receives automatic systematic withdrawals for a fixed level of income, then in months when share prices drop, he or she will likely have to sell more shares to raise the needed money. Once those shares are sold, they never have the ability to recover lost gains.³

To create a more prudent income distribution plan, you may consider incorporating some solid, reliable income in your portfolio, in addition to Social Security benefits. This could mean government-backed bonds or an insurance-backed annuity.⁴ If you’d like to discuss how to position your assets to combine both guaranteed income and growth opportunity, please contact us.

Read More

When searching for Fresno financial advisors, look no further than Soutas Financial & Insurance Solutions Inc. your Fresno financial planner is committed to helping take the complexity out of retirement planning. By using a variety of insurance and investment strategies that focus on Asset Protection, Long-Term Care Strategies, Legacy Planning, Tax-Efficient Strategies, IRA, 401(k) & 403(b) Rollovers, Life Insurance Annuities, Medicare, we can help you develop an overall retirement income strategy specific to you and your family. We have a strong team of professionals helping ensure you receive all the assistance you need not only in developing your retirement income strategy, but in maintaining it throughout your retirement. Contact us today at 559-230-1648 or visit us today at Soutas Financial to get your retirement plans on track for success!Schedule Your Tele-Visit!

Other Fresno Financial Advisor Articles 

Our firm is not affiliated with the U.S. government or any governmental agency. 
 
We are an independent firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives. This material is intended to provide general information to help you understand basic retirement income strategies and should not be construed as financial advice. Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Soutas Financial & Insurance Solutions, Inc are not affiliated companies. California Insurance License # OK48173 
 
The information contained in this material is believed to be reliable, but accuracy and completeness cannot be guaranteed; it is not intended to be used as the sole basis for financial decisions. Investing involves risk, including possible loss of principal. Insurance product guarantees are backed by the financial strength and claims-paying ability of the issuing company. Diversification cannot ensure a profit or guarantee against losses in a declining market. If you are unable to access any of the news articles and sources through the links provided in this text, please contact us to request a copy of the desired reference. 722736 – 9/20

 

 

The post Fresno Financial Planner: October 2020 Highlights appeared first on Soutas Financial & Insurance Solutions Inc..

source https://soutas.com/fresno-financial-planner-october-2020-highlights-2/?utm_source=rss&utm_medium=rss&utm_campaign=fresno-financial-planner-october-2020-highlights-2

Fresno Financial Advisor News: The High Price of Health Care in America

Fresno Financial Advisor News: The High Price of Health Care in America

Schedule Your Tele-Visit!

If the U.S. health-care sector was a separate country, it would be the fourth largest economy in the world when measured by gross domestic product. Currently, the nation spends an average of $3.5 trillion annually on health care, more than Australia, Brazil, Canada, China, France, Germany, Italy, Japan, Spain and the United Kingdom combined.¹

If you break that down by how much we spend per capita compared to other countries, it looks like this:²

• U.S.: $10,246
• Australia: $5,331
• Germany: $5,033
• Canada: $4,754
• Japan: $4,168
• United Kingdom: $3,858
• Singapore: $2,618

It’s also worth noting that more Americans die by preventable and treatable medical conditions than in those countries, as well.³

This is one those expenses that can make it tough for consumers to save money. One reason is because health care pricing isn’t transparent. Even if you shop around for a low-cost procedure in a hospital, you’re still likely to get hit with other separate charges. For example, the expense of an out-of-network anesthesiologist who happened to be working on the day of your operation. Most patients do not get the bill they were expecting, and it often comes a few months down the road. Another reason we have a hard time curbing spending is that U.S. health care doesn’t benefit from the normal principles of capitalism. Without greater transparency of fees, there is very little competitive pricing that would normally help drive costs down.

Health care is expensive whether you’re still working or retired. There are several ways to help you save in case you have excessively high health-care costs in the future, such as a health savings account or a whole life insurance policy that allows you to tap into a growing cash account. If you’d like to learn more about flexible ways to save or help leverage assets for high care costs, please contact us.

The U.S. health care coverage problem is reaching its peak in the midst of a perfect storm: Among the millions of Americans who lost their jobs, 41% also lost their health insurance.⁴ Gilead Sciences, the maker of the remdesivir drug that has proven to be an effective treatment for COVID-19, announced it would price the medication at $3,120 per course for U.S. patients with commercial insurance. The price tag for other developed nations is $2,340 per patient.⁵

The growing cost of health care in this country is hardly a new issue. Little effort has been made toward reform of this divisive, partisan issue, and now that infection hot spots are continuing to pop up throughout the country, the coronavirus has exposed further flaws in America’s health care system. These range from the lack of a cohesive national plan, to poor federal stockpiles of supplies, to supply chain problems in manufacturing and distribution. America’s health care problems go far deeper than simply running out of ICU beds in hospitals.⁶

After the next set of elections, and once we’re hopefully beyond this pandemic, the effort to reform our national health care system will likely be a top priority in Congress.

Fresno Financial Planner Takeaways 

As your Fresno retirement plan consultant we felt the following ideas were top notch: Health care is expensive whether you’re still working or retired. There are several ways to help you save in case you have excessively high health-care costs in the future, such as a health savings account or a whole life insurance policy that allows you to tap into a growing cash account. If you’d like to learn more about flexible ways to save or help leverage assets for high care costs, please contact us.

Diversifying your retirement assets among a variety of vehicles and alternatives—both insurance and investment oriented, depending on what is appropriate for your situation—may offer you a better chance of meeting your retirement income goals throughout your lifespan. We help our clients with problems sometimes associated with retirement such as stopping spend down and avoiding probate. In doing so we leverage long-term care as well as Medi-Cal designed to help accomplish those goals.

When searching for Fresno financial advisors, look no further than Soutas Financial & Insurance Solutions Inc. your Fresno financial planning consultant is committed to helping take the complexity out of retirement planning. By using a variety of insurance and investment strategies that focus on Asset Protection, Long-Term Care Strategies, Legacy Planning Tax-Efficient Strategies, IRA, 401(k) & 403(b) Rollovers, Life Insurance, Annuities, Medicare, we can help you develop an overall retirement income strategy specific to you and your family. We have a strong team of professionals helping ensure you receive all the assistance you need not only in developing your retirement income strategy, but in maintaining it throughout your retirement. Contact us today at 559-230-1648 or visit us today at Soutas Financial to get your retirement plans on track for success!

Schedule Your Tele-Visit!

Other Fresno Financial Advisor Articles 

Soutas Financial & Insurance Solutions Inc. 
333 W. Shaw Avenue Suite 106
Fresno, CA 93704 
(559) 230-1648 
Soutas.com 

Content prepared by Kara Stefan Communications.

¹ Jeneen Interlandi. The New York Times. June 29, 2020. “Employer-Based Health Care, Meet Massive Unemployment.” https://www.nytimes.com/2020/06/29/opinion/sunday/coronavirus-medicare-for-all.html. Accessed July 10, 2020.

²  Huo Jingnan and Pranav Baskar. NPR. June 13, 2020. “Pandemic Perspective: What The 20 Poorest And Richest Countries Spend On Health Care.” https://www.npr.org/sections/goatsandsoda/2020/06/13/864563401/pandemic-perspective-what-the-20-poorest-and-richest-countries-spend-on-health-c. Accessed July 10, 2020.

³ Ibid.

⁴ Robert Preidt. U.S. News & World Report. June 23, 2020. “Pandemic Job Losses Leaving Many Americans Uninsured: Survey.” https://www.usnews.com/news/health-news/articles/2020-06-23/pandemic-job-losses-leaving-many-americans-uninsured-survey. Accessed July 27, 2020.

⁵ Michael Erman, Ludwig Burger and Manojna Maddipatla. Reuters. June 29, 2020. “Gilead prices COVID-19 drug remdesivir at $2,340 per patient in developed nations.” https://www.reuters.com/article/us-health-coronavirus-gilead-sciences/gilead-prices-covid-19-drug-candidate-remdesivir-at-2340-per-patient-idUSKBN2401C8. Accessed July 10, 2020.

⁶ Jordan Davison. EcoWatch. July 9, 2020. “America Faces a Critical PPE Shortage, Again.” https://www.ecowatch.com/us-ppe-shortage-coronavirus-trump-2646373026.html?rebelltitem=1#rebelltitem1. Accessed July 10, 2020.

Our firm is not affiliated with the U.S. government or any governmental agency. 
 
We are an independent firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives. This material is intended to provide general information to help you understand basic retirement income strategies and should not be construed as financial advice. Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Soutas Financial & Insurance Solutions, Inc are not affiliated companies. California Insurance License # OK48173 
 
The information contained in this material is believed to be reliable, but accuracy and completeness cannot be guaranteed; it is not intended to be used as the sole basis for financial decisions. Investing involves risk, including possible loss of principal. Insurance product guarantees are backed by the financial strength and claims-paying ability of the issuing company. Diversification cannot ensure a profit or guarantee against losses in a declining market. If you are unable to access any of the news articles and sources through the links provided in this text, please contact us to request a copy of the desired reference. 7/20-1245958B

The post Fresno Financial Advisor News: The High Price of Health Care in America appeared first on Soutas Financial & Insurance Solutions Inc..

source https://soutas.com/fresno-financial-advisor-news-the-high-price-of-health-care-in-america/?utm_source=rss&utm_medium=rss&utm_campaign=fresno-financial-advisor-news-the-high-price-of-health-care-in-america

Fresno Financial Planner October 2020 Highlights

Fresno Financial Advisor News: Feeling Financial Stress? Here’s How to Cope

When the coronavirus first began to reveal its ugly head in America, people were concerned. Not just about their health, but about their finances. Nearly nine out of 10 people (88%) surveyed by the National Endowment for Financial Education said they were worried about their financial situation.1 Financial stress is not exclusive to lower-income workers. In fact, during this particular crisis, many lower-income jobs are deemed “essential services” and are in high demand. Professionals employed in other industries, such as physicians, dentists and many small-business owners, have had to reduce their client base and/or temporarily close shop altogether. Nearly eight out of 10 (79%) people with a household income of more than $100,000 a year report being at least somewhat concerned about their finances.2 Take Charge One way to handle financial stress is to deal with it head on. Take stock of the resources you do have; this may or may not help you feel better. Either way, knowledge is power. We may not be able to control the virus or its toll on the U.S. economy, but knowing what we have gets us one step closer to developing a plan for financial sustainability. For example, your personal financial assets may include: Savings accounts, Investment accounts, Retirement accounts, Health savings accounts, College savings accounts, Whole life insurance, Real property, Structured settlements, Vehicles (auto, boat, motorcycle, recreational), Art, jewelry, wine or other high-value collectibles, Expensive furnishings and household items. Read More

Fresno Retirement Consultant News: Policy Issues, Stock Market Performance and the Election

The 2020 election presents an interesting distinction between candidates. While historically, the incumbent president has offered a certain stability for another four years, Donald Trump’s style of governing could be considered unorthodox and unpredictable at times. In contrast, former Vice President Joe Biden served for eight years under President Obama, and many feel his track record and style of governing may actually be the more predictable of the two. Putting personal characteristics aside, each candidate’s stance on the policy issues can offer some clues as to how the country may respond under the next president — and the nation’s potential for economic growth in the future. Policy Issues According to recent surveys conducted by Pew Research, nearly 80% of registered voters report that the key to their vote will be the candidates’ policy direction for the economy.1 This is particularly important right now given this year’s rapid decline in growth and employment due to the COVID-19 pandemic. Read More

Fresno Financial Consultant News: College Disrupted

Colleges all over the country have introduced incoming freshmen to orientation online, an entirely different experience. The online format offers several advantages in that more information can be presented and web pages bookmarked for future reference. This may be preferable to the barrage of information students normally receive during a seemingly rushed one-to-two-day orientation. However, many students have expressed concerns about not getting to tour the campus and get a feel for where their classes will be held.¹ The economic impact of the coronavirus has likely affected everyone in one way or another. If you having been paying or saving for a child to attend college this fall, you may want to reconsider your options. Many students take a gap year before or during college either for another type experience or just to grow up a little more before living on their own. The pandemic makes this a more viable option. One of the benefits is a gap year could give families a little more time to save and potentially earn more from their investments. If you’d like help assessing your situation and exploring ways to help protect or potentially maximize your savings, we’re here to assist you. One of the biggest concerns is the possibility that students won’t be able to attend college campuses in the fall, given the current rise of outbreaks in different parts of the country. Fortunately, most colleges finished out their spring semester by moving to an online format as students returned home. With many of these logistics already worked out, it’s possible online classes will be far more prevalent for the rest of 2020 and even beyond. Read More

Fresno Retirement Advisor News: The Highs and Lows of Dollar-Cost Averaging

Investors who defer the same amount of money from their paycheck into a 401(k) plan at regular intervals are practicing dollar-cost averaging. By investing the same fixed dollar amount each time, the investor buys more shares when prices are low and fewer shares when prices rise.¹ The long-term effect is that the average cost of each share purchased will be lower than the average share price.² This strategy can work great when you are trying to accumulate assets for your retirement. But what happens when you withdraw from your investments for retirement income? While dollar-cost averaging reduces the risk of investing a lump sum of money when prices peak, it increases your risk of losing previous gains if you withdraw money when prices have dropped. If a retiree receives automatic systematic withdrawals for a fixed level of income, then in months when share prices drop, he or she will likely have to sell more shares to raise the needed money. Once those shares are sold, they never have the ability to recover lost gains.³ To create a more prudent income distribution plan, you may consider incorporating some solid, reliable income in your portfolio, in addition to Social Security benefits. This could mean government-backed bonds or an insurance-backed annuity.⁴ If you’d like to discuss how to position your assets to combine both guaranteed income and growth opportunity, please contact us. Read More When searching for Fresno financial advisors, look no further than Soutas Financial & Insurance Solutions Inc. your Fresno financial planner is committed to helping take the complexity out of retirement planning. By using a variety of insurance and investment strategies that focus on Asset Protection, Long-Term Care Strategies, Legacy Planning, Tax-Efficient Strategies, IRA, 401(k) & 403(b) Rollovers, Life Insurance Annuities, Medicare, we can help you develop an overall retirement income strategy specific to you and your family. We have a strong team of professionals helping ensure you receive all the assistance you need not only in developing your retirement income strategy, but in maintaining it throughout your retirement. Contact us today at 559-230-1648 or visit us today at Soutas Financial to get your retirement plans on track for success!Schedule Your Tele-Visit! Other Fresno Financial Advisor Articles

Soutas Financial & Insurance Solutions Inc. 333 W. Shaw Avenue Suite 106 Fresno, CA 93704 (559) 230-1648 Soutas.com

Fresno Retirement Advisor Takeaways

Soutas Financial your Fresno financial planner would like to remind you of the following points: Investors who defer the same amount of money from their paycheck into a 401(k) plan at regular intervals are practicing dollar-cost averaging. This strategy can work great when you are trying to accumulate assets for your retirement. But what happens when you withdraw from your investments for retirement income? To create a more prudent income distribution plan, you may consider incorporating some solid, reliable income in your portfolio, in addition to Social Security benefits. It’s a good idea to develop multiple streams of retirement income. Ideally, you want to have the flexibility to stop and start withdrawals strategically from accounts that may be performing well, giving others time to recoup paper losses.⁵ Diversifying your retirement assets among a variety of vehicles and alternatives—both insurance and investment oriented, depending on what is appropriate for your situation—may offer you a better chance of meeting your retirement income goals throughout your lifespan. We help our clients with problems sometimes associated with retirement such as stopping spend down and avoiding probate. In doing so we leverage Long-Term Care Strategies as well as Asset Protection strategies designed to help accomplish those goals. When searching for Fresno financial advisors, look no further than Soutas Financial & Insurance Solutions Inc. your Fresno financial planner is committed to helping take the complexity out of retirement planning. By using a variety of insurance and investment strategies that focus on Asset Protection, Long-Term Care Strategies, Legacy Planning, Tax-Efficient Strategies, IRA, 401(k) & 403(b) Rollovers, Life Insurance Annuities, Medicare, we can help you develop an overall retirement income strategy specific to you and your family. We have a strong team of professionals helping ensure you receive all the assistance you need not only in developing your retirement income strategy, but in maintaining it throughout your retirement. Contact us today at 559-230-1648 or visit us today at Soutas Financial to get your retirement plans on track for success!

Other Fresno Financial Advisor Articles Soutas Financial & Insurance Solutions Inc. 333 W. Shaw Avenue Suite 106 Fresno, CA 93704 (559) 230-1648 Soutas.com

Our firm is not affiliated with the U.S. government or any governmental agency.   We are an independent firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives. This material is intended to provide general information to help you understand basic retirement income strategies and should not be construed as financial advice. Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Soutas Financial & Insurance Solutions, Inc are not affiliated companies. California Insurance License # OK48173    The information contained in this material is believed to be reliable, but accuracy and completeness cannot be guaranteed; it is not intended to be used as the sole basis for financial decisions. Investing involves risk, including possible loss of principal. Insurance product guarantees are backed by the financial strength and claims-paying ability of the issuing company. Diversification cannot ensure a profit or guarantee against losses in a declining market. If you are unable to access any of the news articles and sources through the links provided in this text, please contact us to request a copy of the desired reference. 722736 – 9/20

The post Fresno Financial Planner October 2020 Highlights appeared first on Soutas Financial & Insurance Solutions Inc..

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How Are Medicare, Long-Term Care, Medicaid and Medi-Cal Different?

Fresno Financial Planner-“How Are Medicare, Long-Term Care, Medicaid and Medi-Cal Different?”

HOW DOES MEDICARE, LONG-TERM CARE, MEDICAID, AND MEDI-CAL WORK? MEDICARE DOESN’T PAY FOR LONG-TERM CARE. LONG-TERM CARE INSURANCE MIGHT NOT PAY ENOUGH.

MEDICAID IS MEDI-CAL IN CALIFORNIA. AND, MEDI-CAL MAY EVEN PAY FOR IN-HOME OR FACILITY CARE IF LONG-TERM CARE INSURANCE ISN’T ENOUGH.

HAVE MORE CONFIDENCE ABOUT LONG-TERM CARE OPTIONS WITH A COMPLIMENTARY 15 MINUTE VISIT WITH SOUTAS FINANCIAL.

Schedule Your Tele-Visit!

Soutas Financial & Insurance Solutions Inc.
333 W. Shaw Avenue Suite106 Fresno, CA 93704
(559) 230-1648
Soutas.com

The post How Are Medicare, Long-Term Care, Medicaid and Medi-Cal Different? appeared first on Soutas Financial & Insurance Solutions Inc..

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