Fee-only, fiduciary senior health planning in Overland Park. We help you time Medicare enrollment, select supplemental coverage, avoid costly IRMAA surcharges, and structure a bulletproof long-term care funding model.
How do you plan for Medicare and long-term care costs in Kansas City?
Book a Free 15-Minute Healthcare & IRMAA Review
Call Dan Directly: (913) 274-9020Quick answer: Three Streams Financial provides fee-only Medicare and long-term care planning for Kansas City-area retirees:
- Timing Medicare Part A and B enrollment
- Selecting supplemental coverage
- Minimizing IRMAA surcharges
- Building a long-term care funding strategy years before it's needed
- A private nursing home room in the KC metro can run $85,000+ a year, which is exactly why this planning starts early rather than in a crisis
Here's What We're Going to Do
Ensure you have a clearly defined, transparent, and easy-to-follow health and Long-term care plan. Three Streams Financial can assist in your ideal health plan, tailored to your family situation, focusing on simplicity, maximum protection, and lower overall costs. Rest assured that your family will be protected and that your healthcare will be managed according to your wishes.
What are the pillars of a senior health and healthcare asset protection strategy?
Medicare and supplemental Plans
How do I navigate and enroll in Medicare supplement plans?
Minimizing Health Costs in Retirement
Manage costs and reduce or avoid the IIRMA Medicare Tax.
Long-Term Care and Disability planning
Identify the best strategies to help pay for long-term care.
Senior Healthcare Services include:
- Prioritize comprehensive retirement healthcare planning to safeguard your future
- Develop a personalized Medicare strategy to ensure you get the coverage you need
- Implement healthcare savings strategies to prepare for rising medical costs
- Gain a clear, visual understanding of your current financial health to make informed decisions
- Ensure your HPOA and living will directives reflect your wishes and protect your interests
- Consult with an attorney to determine if a trust is needed for added protection and control over your healthcare and assets
- Explore alternative short-term health and disability insurance options to fill potential gaps in coverage
- Review HSA plans and annuity LTC riders as tools to strengthen your long-term care strategy
- Commit to annual meetings to review your healthcare plan and update beneficiaries, keeping your strategy current and effective
Why us for help with health and long-term care planning?
How to reduce healthcare tax penalties and fund long-term care in retirement
Medicare
Timing Medicare enrollment and selecting a supplemental plan
It's essential to have a clearly designed Medicare strategy to help you make informed decisions as you become eligible. Navigating the Medicare maze can be challenging, and most people do not even try to maximize their benefits.
Our approach: We offer a personalized, easy-to-follow Medicare strategy to help you make informed choices. We'll:
- Identify supplemental plans and pricing tailored to your unique health situation, desired level of care, and drug coverage.
- Provide a timeline so you know exactly when to enroll in Medicare Part A and Part B.
- Assist you in enrolling in the plan of your choice and provide annual reviews during the annual enrollment period.
Retirement Healthcare costs
Minimizing retirement income surcharges like the IRMAA Medicare tax
Long-Term Care Planning
Funding long-term care using asset-based solutions and HSA plans
Frequently Asked Questions
A: Yes. I am registered as an Investment Advisor Representative (IAR) under the Investment Advisors Act Of 1940. Under this federal requirement, if you’re acting in an investment adviser representative (IAR) capacity, you’re a fiduciary. As a fiduciary, I am legally obligated to put my client's interests ahead of mine and act in my client's best interests at all times. This means that I must provide advice that is suitable for my client's needs and risk tolerance and must disclose any potential conflicts of interest.
A: You can search for registrations at the SEC’s Investment Adviser Public Disclosure Website: https://adviserinfo.sec.gov/ (My CRD#: 2131294)
A: The Fee-Only compensation method is considered the most transparent and objective method for financial advice. This compensation model helps to minimize conflicts of interest and guarantees that your financial advisor acts as your fiduciary, putting your interests first. Fee-only advisors are paid only by their clients for advice, plan implementation, and the ongoing management of assets.
A: Yes. I’ve chosen Charles Schwab to be the custodian for all my clients. The first thing to remember is your securities—like stocks, bonds, mutual funds, exchange-traded funds, or money market funds—held at Schwab are yours. The SEC's Customer Protection Rule safeguards customer assets at brokerage firms by preventing firms from using customer assets to finance their own proprietary businesses. I can also rest easy at night knowing that Schwab holds itself to the highest security standards when it comes to safeguarding my client’s assets. You can learn more about how your assets are protected by Charles Schwab at https://www.schwab.com/legal/account-protection.
A: We take nothing for granted. We have the independence of a boutique financial firm, but we’re backed by the power of CreativeOne Wealth, LLC, a revolutionary asset management platform and Registered Investment Advisory (RIA) firm. CreativeOne provides back-office support, ensures compliance, and continuously monitors privacy protection. You can learn more at https://adviser.creativeonewealth.com/tech.
First, RIAs are legally obligated to act in your best interest. They also tend to provide more personalized services. Since they aren't paid on commission, they don't have an incentive simply to deal with only when selling something. RIAs typically have transparent fee structures, often charging a percentage of assets under management or a flat fee, which aligns their interests with yours.
Many investors are unaware of, or confused about, the various fees they may pay when investing. Not my clients! We believe in Fiduciary transparency. Our fee schedule is 0.50% to 0.95% of assets under management annually. We can also negotiate a flat fee for outside investment advice. Our minimum account size is $500,000 of investable assets. However, our services are also available to active accumulators under 45 with a minimum of only $300,000.
Ready To Take Control Of Your Financial Prosperity?
No pressure. No sales pitch. Just a transparent conversation.