Invest In A Life Lived Better

While wealth and affluence can be created in a single generation, sustaining legacies take longer. I help my clients develope comprehensive plans to preserve their lifestyles, and preserve their financial and social capital during their retirement and senior years.

Patrick T. Davis, CSA®

CSA®, Certified Senior Advisor

About

A Member of the Society of Certified Senior Advisors (CSA®).  A Certified Senior Advisor (CSA®) is one of the leading designations for professionals who work with seniors and retirees. Those who have the CSA® designation demonstrate comprehensive experience in a wide range of issues that plague seniors such as their health, social issues, financial concerns and legal considerations.  Learn more at www.csa.us

What Most Retirees Miss

Most all of my senior clients say they underestimated the high out of pocket cost of their healthcare after retirement.

There is a range of healthcare services and support you may need to meet your future personal care needs.  Planning is critical, but many people are not sure what is covered by health insurance and often are unsure about what is covered by Medicare.

There is a high probability that you will need living assistance or support care at some point during your lifetime, and if you are unprepared to manage the expenses, the financial impact can be devastating. No one tells you just how much aging cost.

Health insurance rarely pays for the cost of home or nursing home care.  In fact, Medicare usually doesn’t cover nursing home or home care at all.

Nursing homes provide 24/7 care. They offer some of the highest levels of care available and typically cost a bit more than most other options. The median cost of a nursing home with a private room is $290 per day ($105,850 annually).

But I'd rather be cared for at home you say.  Home is more familiar and often more desired. Senior care services are now often provided in the home. Types of services received at home include nursing services, home health aide services such as bathing and dressing, physical therapy, occupational therapy, speech therapy, respiratory therapy, nutritional services, medical services, social services, and medical supplies or equipment services provided in the home. 

Most often, the cost of in-home care is charged by the hour, and has a wide range of potential figures. In 2025, the median cost of in-home care services was about $26 per hour.  Estimating about 44 hours of care per week totaling about $4,500 per month ($54,000 per year).

Here's the Question:  If traditional health insurance and Medicare does not pay for this, where will the money come from? 

Answer: It will have to come from you. (Your IRA, pension, or home equity).  Here's why you need a recovery care insurance policy.

Without adequate insurance coverage, costs associated with your care can deplete your savings and retirement nest egg, along with your family's inheritance.  I can assist you in getting covered by private Recovery Care Insurance to offset these costs.  This plan is designed specifically for aging seniors and retirees, and the premuims are priced not to break the bank.  I would love to present a plan for you.  You will look back and either be glad you did, or you look back and wished you had.  Thank you for reading this far.  It was a good use of your time.

Patrick T. Davis, CSA®

Certified Senior Advisor (CSA®)

Since 2004

Member of The National Association of Professional Agents

NPN: 7137980   GA LIC: 620653

Phone: (404) 729-3438

State of Georgia