I recently moved my wife into a memory care facility. She does not have long term care insurance. I need to find a financial advisor who can help me arrange her retirement assets to pay for care and avoid getting wiped out in a stock market crash. I would prefer a fee-based certified financial advisor. I guess there is something called an "eldercare financial advisor" but I have searched for such in my area (Phoenix) and am not finding anything. That doesn't make sense since there are a lot of seniors around here so maybe I am searching wrong. Any advice?
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Are you looking at Medicaid placement for your wife?
Are your investments separate? If you (and she) have the right asset allocation for your age, then you should be able to sleep well at night (swan) with whatever AA you have determined is prudent.
If you have, say, a 30/70 AA, if the stock market declines by 50%, then you will be down no more than 15% of your assets. How are your assets invested currently?
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If you REALLY want a Fee only FA, BH is also a good place for a recommendation.
What is your current asset allocation?