Aging with Confidence: Protecting Your future and Preserving Your Legacy
Protect What Powers Your Plan
Your income, health, and family stability are the foundation of every financial goal. BWM helps clients build comprehensive protection strategies that strengthen those foundations as you age. We evaluate potential risks to your retirement plan—from healthcare costs and long-term care needs to income protection and legacy preservation—and incorporate appropriate safeguards into your overall wealth strategy.
Our approach treats protection planning as an integrated part of your financial plan, not as standalone products, giving you confidence that your retirement stays on track through every stage of life.
Safeguarding What Matters
We help you evaluate coverage for long-term care, income protection, and legacy preservation, ensuring these safeguards work seamlessly with your overall retirement strategy. As your life evolves, your protection plan evolves with it.
Annual Review & Update
Life evolves, and so should your coverage. Each year, we revisit your insurance portfolio to reflect new income levels, family changes, or policy updates. We also track riders and elimination periods to make sure benefits remain relevant and aligned with your needs over time.
Human Capital Protection
For professionals and business owners, the ability to earn income is often your most valuable asset. We help evaluate how disability insurance fits within your broader financial picture, identifying gaps in employer coverage and determining how much personal protection is appropriate. Group plans often fall short—customized individual policies can help maintain your financial trajectory even during extended recovery periods.
As healthcare costs rise, planning for long-term care is critical. We explore traditional and hybrid solutions that balance affordability with flexibility, helping you decide whether to self-fund or use a policy. For many clients, the optimal time to make these choices is in their 50s or early 60s, when premiums are more manageable and underwriting options remain broad.
Healthcare & Medicare Review
Healthcare is one of the largest and most unpredictable expenses retirees face. We project future healthcare costs, factor them into your retirement income strategy, and help you navigate healthcare decisions with confidence. Because Medicare can be complex, we also maintain a network of trusted specialists who can provide additional guidance when needed.
Legacy Goals
Your financial legacy should reflect your values and intentions. We help you designate beneficiaries, review estate documents for alignment with your goals, and guide your loved ones through the process of transferring assets after your passing—ensuring your wishes are carried out smoothly.
Coordinating with Your Whole Plan
Insurance doesn’t exist in isolation—it integrates with your investment, estate, and tax strategies. We coordinate policies with beneficiaries, trusts, and charitable goals to ensure efficiency and clarity. Premiums are aligned within your cash flow plan so protection remains sustainable throughout retirement.
Local Context
Care costs and service access vary by region. In Mississippi, family proximity often influences long-term care choices, while Chapel Hill’s medical infrastructure and UNC healthcare system offer more specialized options. We tailor coverage and funding recommendations to local realities in Jackson, Madison, Ridgeland, and Chapel Hill—ensuring each plan fits the surrounding support network.
Frequently Asked Questions
How much life insurance do I need for my spouse in retirement?
The answer depends on your income sources, savings, and long-term goals. We review each client’s situation to determine the right coverage or whether existing policies are sufficient.
At what age should I get long-term care insurance?
Generally, the best time is between your mid-50s and early 60s. We help you compare options and decide whether insurance or self-funding works better.
Can you help with Medicare choices?
Yes, we guide you through Medicare Part A and B, supplement vs. Advantage plans, and prescription coverage.
Do you draft wills or trusts?
No, but we collaborate with estate attorneys to ensure your financial and legal documents align seamlessly.