Chip Hymiller, CFP®, a principal with the Raleigh, NC, based fee-only financial planning firm, Beacon Financial Strategies, today announced that the firm would begin providing financial advice to families considering an independent living or assisted living facility.
“Deciding on a retirement community is very difficult from many standpoints, including a financial standpoint,” said Hymiller. “From affordability and financing issues to how the costs may impact other financial goals such as estate distribution wishes or charitable bequests.”
“We found that our clients increasingly wanted our input on not just the feasibility of moving to a particular retirement community, but also the most tax-efficient method of paying for a facility given their available financial resources,” continued Erin Campbell, CPA, CFPÒ, a principal with the firm. “With that in mind, we decided to develop a formal service that would help clients address these issues and make a confident and informed decision that is in their best financial interest.”
For more information on Beacon Financial Strategies, call 919-321-8625 or visit www.BeaconFinancialStrategies.com.
About Beacon Financial Strategies
Beacon Financial Strategies is an independent, fee-only, financial planning firm that provides clients with a coordinated approach to financial planning, tax planning and investment management. Beacon Financial Strategies’ team of professionals works with clients on a consultative and objective basis to help them achieve their personal financial goals. They specialize in the following areas of financial planning: retirement feasibility planning, investment management, estate planning and coordination, executive stock options, tax minimization strategies and other wealth management services.