Veterans Benefits Can Provide Financial Security
June 22, 2012 By Law Office of Roy W. Litherland
As you are thinking about the quality of life that you will lead as a senior citizen, you must be pragmatic about your present-day actions. Social Security alone is probably not going to be enough to provide you with a truly comfortable retirement, and Medicare does not pay for everything. So, to be able to realize your ideal retirement vision, you are going to have to engage in some intelligent long-term planning.
People who have served in the military have certain possibilities when it comes to retirement. For one, you are entitled to a retirement pension if you serve for at least 20 years.
As a result, if you were to combine your pension with your Social Security checks, your ongoing retirement income may be quite solid.
In addition, if you served during a time of war, you could qualify for an assisted living benefit called the Veterans Aid & Attendance special pension. If you need assistance with your day-to-day needs at some point in time, this benefit could provide you with quite a boost; right now single eligible veterans can receive over $1,600 per month.
If you are a veteran or a service member on active duty, the sooner you start planning for the future the better. Should you be interested in discussing your options with an expert, simply take a moment to pick up the phone to arrange for a consultation with a licensed and experienced Campbell CA elder law attorney.
ABOUT THE AUTHOR: Roy Litherland
Experienced estate planning attorneys Campbell CA of the Law Office of Roy W. Litherland offers estate planning and business planning resources to residents of Campbell CA.
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More information about Law Office of Roy W. Litherland
Disclaimer: While every effort has been made to ensure the accuracy of this publication, it is not intended to provide legal advice as individual situations will differ and should be discussed with an expert and/or lawyer. For specific technical or legal advice on the information provided and related topics, please contact the author.
As a result, if you were to combine your pension with your Social Security checks, your ongoing retirement income may be quite solid.
In addition, if you served during a time of war, you could qualify for an assisted living benefit called the Veterans Aid & Attendance special pension. If you need assistance with your day-to-day needs at some point in time, this benefit could provide you with quite a boost; right now single eligible veterans can receive over $1,600 per month.
If you are a veteran or a service member on active duty, the sooner you start planning for the future the better. Should you be interested in discussing your options with an expert, simply take a moment to pick up the phone to arrange for a consultation with a licensed and experienced Campbell CA elder law attorney.
ABOUT THE AUTHOR: Roy Litherland
Experienced estate planning attorneys Campbell CA of the Law Office of Roy W. Litherland offers estate planning and business planning resources to residents of Campbell CA.
Copyright Law Office of Roy W. Litherland
More information about Law Office of Roy W. Litherland
View all articles published by Law Office of Roy W. Litherland
Disclaimer: While every effort has been made to ensure the accuracy of this publication, it is not intended to provide legal advice as individual situations will differ and should be discussed with an expert and/or lawyer. For specific technical or legal advice on the information provided and related topics, please contact the author.
