We always advise clients that the financial plans we sit down and create with them are documents that guide and help us understand the strengths and weaknesses of your financial situation. Analyzing them and keeping them going throughout retirement is essential. One of the key areas where most people have not adequately prepared for is caregiving.

Not all sectors are made equally. That’s one of the first aspects of investing in the real world that’s different from the investing world. Conceptually, for instance, you can understand investing as different sets of strategies, for instance, high yield, growth, dividend etc. Realistically, a company can be a manufacturing company at any stage, high yield, growth, and given time, can even become a dividend aristocrat.

You may have caught my segment on Today y Mañana, a local Charlottesville podcast we are hosting through the iLoveCville network every Thursday at 10:15 am (You can check it out here). If you did not manage to tune in (you should!), our topic of discussion was Long-Term Care Insurance in our domestic market of Charlottesville, Virginia from a financial planning standpoint.