Financial Planning

What can you do?

1. Review your finances and calculate future needs and desires
2. Compare options for financing long-term care
3. Seek out resources and information on financial planning
4. Explore financial options like Nebraska’s new Long-Term Care Savings Plan or reverse mortgages

Other Resources:

• Find out about Nebraska’s new Long-Term Care Savings Plan, administered by the Nebraska State Treasurer’s Office by calling 402-471-2455 or visiting www.treasurer.org or www.treasurer.state.ne.us/ltcsp/
  
  
• Visit the Nebraska Banking Association’s website and utilize the Ballpark Estimate tool to identify how much you need to save to fund your retirement at http://www.choosetosave.org/ballpark/
• Contact the following national organizations for more information on financial planning or to obtain a list of financial planners by zip code or city:
  • National Association of Personal Financial Planners www.napfa.org
  • The Financial Planning Association www.fpanet.org or 800-322-4237
• Contact the Financial Industry Regulatory Authority (FINRA) BrokerCheck For questions regarding BrokerCheck, FINRA provides a toll-free hotline, (800) 289-9999, available Monday through Friday from 8 a.m. until 8 p.m., Eastern Time.
• For more information on reverse mortgages contact the Nebraska State Unit on Aging at 800-942-7830 or http://www.dhhs.ne.gov/ags/agsrvrsmortg.htm
  
  
• "Financing Long-Term Care," Kaiser Family Foundation: The issue module, posted on kaiserEDU.org, contains links to various data, reports, headlines and other literature on the costs and financing of long-term care. The module examines the roles of Medicaid and Medicare in paying for long-term care, as well as private insurance. The module also discusses policy issues to contain costs and share spending among payers (Kaiser Family Foundation, "Financing Long-Term Care," March 2007).

Begin planning today for your future long-term care needs by ordering your FREE Own Your Future Tool Kit created by the U.S. Department of Health and Human Services visit http://www.longtermcare.gov/LTC/Main_Site/Planning_LTC/Campaign/Kit/index.aspx or call 1-866-PLAN-LTC.