Senior Plans

 Annuities

An annuity can be a useful tool for retirement planning. Annuities enable you to save money on a tax-deferred basis.  You will not pay taxes until you begin to withdraw your money.  Unlike a 401K or IRA, there are no limits to the amount you can put into an annuity.  Some annuities contain an insurance component whereby if you die before you start to collect on the annuity, it will pay your heirs the amount you invested plus interest. 

Long Term Care

This type of insurance goes beyond health insurance which covers doctor and hospital bills.  Long term care helps by protecting you against significant financial risk should you need long-term care services either in a nursing home, assisted-living facility or in your own home.  Though older people use long-term care services most often, younger people may need long-term care services should they suffer a debilitating illness or have been in an accident.  Some of the services that this insurance covers are visiting nurses, home-delivered meals, adult daycare centers, respite services for care givers, and home health aides.

John Hancock Long Term Care  

Information on Medicare Prescription Drug Coverage

Information on Medicare and Medicare Supplements

Information on AARP Medicare Complete

Senior Resources' listing of services for older adults in the State of Wisconsin