Because of advancements in research and care, many people with cystic fibrosis are living longer lives, increasing the importance of financial planning for major life events, like going to college, getting married, having a baby, buying a house, and saving for retirement. Long-term financial planning can reduce stress and leave you and your family free to concentrate on other aspects of your lives.
Planning can be manageable if you tackle it step by step. To get started, you may want to consider talking with a financial advisor or attorney. Cystic Fibrosis Foundation Compass recommends starting with someone who is licensed in this area. Experts in this area can help you tailor your plan based on your needs and help prepare important documents, such as power of attorney or advanced medical directive, to protect yourself and those you love. As you experience different life changes, continue to review and update those documents and your plan to ensure the best possible future for you and your loved ones.
Access to adequate and affordable health insurance coverage is critical to your financial planning. Compass is here to help you:
- Assess all your insurance options
- Find and evaluate program eligibility to help pay for your care and other CF-related needs
- Find available programs that can help you pay for other CF-related needs
To find out more about how Compass can help, call CF Foundation Compass at 844-COMPASS (844-266-7277) Monday through Friday, 9 a.m. until 7 p.m. ET, or email compass@cff.org.