Financial Guidance for Later-Life Transitions
As parents age, financial decisions often become closely connected to care, family support, and daily needs.
The Center’s Longevity Planning Practice helps families organize finances and prepare for the years when additional support may be needed.
How We Help with Longevity Planning
Coordinate the Plan
Work with family members, care partners, and other professionals so everyone understands the plan and next steps.
Organize and Simplify Finances
Review and organize financial accounts to make day-to-day management easier for clients and their families.
Focus on Care Needs
Help manage investments for stability and liquidity while reviewing insurance coverage that may support care expenses.
Prepare for Estate Transitions
Review tax considerations, beneficiary designations, and estate structures to help support a smooth transfer of assets.
Meet the Practice Group Team
Planning for the Longevity Years
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People are living longer than previous generations, which can bring new financial and care decisions. Planning ahead can help families prepare for housing, healthcare, and daily support needs that may arise over time.
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Many important decisions affect the entire family. Open conversations about caregiving roles, living arrangements, and financial responsibilities can help reduce stress and confusion later.
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As parents age, it becomes important for families to know where key documents are located. Estate documents, powers of attorney, healthcare directives, and financial account information should be organized and accessible.
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Most older adults hope to maintain independence as long as possible. Planning early can help families explore care options, understand potential costs, and prepare financial resources to support quality of life.
Helpful Resources
A helpful checklist to gauge whether it is time to start the longevity planning process for your loved one.
Are you prepared for your parents’ aging journey? Take this quick quiz to see how ready your family may be for future care decisions and planning conversations.
Watch the 2025 Longevity Virtual Conference to learn about care options, caregiver support, and the estate documents families may need as a loved one ages.
Questions About Planning for Aging Parents
Conversations about aging, caregiving, and finances can feel overwhelming. The Longevity Planning team helps families organize finances, understand available resources, and prepare for future care decisions.
Raymond James and its advisors do not provide tax advice.
Securities offered through Raymond James Financial Services, Inc. Member FINRA/SIPC. Investment advisory services offered through Center for Financial Planning, Inc.® Center for Financial Planning, Inc.® is not a registered broker/dealer and is independent of Raymond James Financial Services.