It is never too late to do financial planning. Obviously if you are 50, you have more time to grow your nest egg, but there are things that you can do that amount to financial planning at any age. There are Prop 60 and Prop 90 which allow you to transfer your low tax base to a newly purchased property. There are ways to use a reverse mortgagee to purchase a home. There are equity sharing companies that will give you money today for a share of your future appreciation. There is long term care insurance. Conversely there are also ways to “self-insure” for long term care costs. Talk to us. We are good listeners and never of a mind to push you one way or another or sell you anything. It is all about education and leaving the decisions to you. Then we facilitate making your wishes happen.