For more information about the author, click to view their website: Morgan Stanley
Using climate scenario analysis offers investors a methodical approach to understand the portfolio impacts of different environmental and economic outcomes.
PERSONAL FUNDS Utilizing personal funds to pay for a move to a Senior Living Community is an uncomplicated option for some people. Whether it be through savings, liquidating certain assets, or drawing upon investment income, this strategy provides seniors with a payment method that they have the most direct control over. Working with a financial advisor to plan for this is often beneficial. In addition, many Senior Living Communities have special team members who are experienced in financial matters and can offer assistance as well. SOCIAL SECURITY & MEDICARE Social Security payments can be used to help pay for the costs of living in a Senior Community. However, the amount it would cover will depend on the recipients monthly benefit. According to U.S. News and World Report, the current average benefit paid is $1,657 each month. It is important to understand that while Medicare does not cover the actual costs of living in an Independent Living, Assisted Living or Memory Care Community, it does help pay for other critical needs, such as prescriptions, doctor visits, medical equipment and other health care related expenses. LONG TERM CARE INSURANCE & LIFE INSURANCE Long Term Care insurance (LTC) is a special type of policy that helps pay the expenses of home care or a Senior Living Community. The amount of benefit available from a LTC policy can vary by such factors as the amount of the monthly payment, as well as the duration of the benefit. Some life insurance policies can be cashed in for a lump sum payment while the insured is still living under what is known as a Life Settlement arrangement. Policy holders should review their life insurance contracts to see if this feature is available to them. VETERANS BENEFITS If you or a loved one served in the military, the U.S. Department of Veterans Affairs (VA) has programs that can help pay for certain Senior Living services. While these dont pay for direct housing expenses, the VAs Aid and Attendance benefit is available to veterans that meet certain income requirements and also have difficulty performing activities of daily living (ADLs), such as dressing, eating, bathing, using the restroom, or moving about. REAL ESTATE ASSETS If the person thinking about moving into a Senior Community is a homeowner, their house can be a good revenue source. Selling the home, renting it out, or arranging for a Home Equity Line of Credit (HELOC) are all ways to help pay for living expenses at the new residence. If you have any questions, call us today at 402-819-0669.
Is it time to sell your home? Maybe youre ready to retire, downsize or a major event has made it necessary to move to a senior community. No matter what the reason a Seniors Real Estate Specialist (SRES) has unique training to help guide you through the process and find whats right for you. Selling a home can be a difficult decision and is an emotional time for most. An SRES understands the issues facing older adults and their families. They will patiently support and help you through each step by taking the time needed to make everyone feel comfortable through the complex process. An SRES has built a network of professionals who are also focused on serving older adults. Theyve identified helpful experts in all areas, from financial and tax specialists to right-sizing and moving help, along with trusted contractors to prepare the home. Their ties throughout the 55+ community can even help you with finding the right active adult community or other more needs specific senior community. Your SRES is looking out for your best interests throughout all aspects of your transition, not just the sale of your home. Theyve invested time in becoming an SRES because they enjoy working with clients in your situation and truly care about helping others. You can count on your SRES to guide you by making the entire process less stressful and more successful. Editors Note: This article was written by Alyce Chermack, Realtor & SRES. Alyce is a Seniors Real Estate Specialist with The Platinum Group, REALTORS and can be reached at 303-475-2792 or via email at Alyce@PlatinumHomeSales.com
Companies and investors are watching five technology trends around the exchange of data in industrials, insurance, healthcare, digital infrastructure and resource planning.A number of industries need technology solutions that facilitate the widespread exchange of data, creating opportunities for public and private investing and M&A.Industrial companies are investing in technology that manages, digitalizes and automates their physical assets.Technology developments in insurance may lead to the next fintech.Healthcare providers are seeking solutions that improve productivity and patient outcomes.Digital infrastructure will evolve to support massive and growing data needs.Artificial intelligence, cloud and security are trends to watch in enterprise resource planning and human resources. Interoperabilitysoftware platforms ability to communicate and share data and informationis the next frontier for technology innovation. Technology companies are increasing their customer bases with products that connect disparate data for consumers, creating a seamless experience. At Morgan Stanleys recent Technology, Media and Telecom (TMT) Conference in Barcelona, the firms investment bankers discussed five key themes in this space that point to investment opportunities. Were in the very early innings of a multi-decade development in data, analytics capabilities and software within specific industries, said Lauren Ares, a Morgan Stanley banker specializing in B2B information services and data analytics. Businesses are vying to become top-three market leaders in the sectors where they are focused, and investors are looking where to place their bets.1Industrial Companies: Early Stages of Digital ConnectivityIndustrial companies in the automotive, energy and construction sectors are just starting to use systems that offer help managing physical assets and that connect disparate parts of value chains. There are numerous opportunities for industrials to increase efficiency with such solutions. For an energy company, for example, helpful connectivity solutions might offer an overview of all physical assets as well as features such as pipeline safety notifications that automatically assign workers to investigate and address issues, said Bjoern Crombach, a Morgan Stanley banker who specializes in industrial software. For a car manufacturer, technologies might automate reordering paint once supply runs low to help the company keep up production. Industrial companies are demanding software that helps manage their different stages of day-to-day business, Crombach said. Private companies are offering a number of promising solutions, and thus attracting the attention of large public companies interested in acquisitions, he said.2Insurtech: The Next Fintech?Compared to industrials, technology is in further stages of development for the insurance sector (known as insurtech) as proliferation and use of software applications in the industry has been growing for five years, Ares said. A significant number of businesses have emerged in insurtech with meaningful revenue growth and attractive profitability, he said. Investors are interested in whether insurtech could be the next fintech. Insurtech technology spans data analysis, Internet of Things (IoT)i.e., physical devicesand AI, and it aims to facilitate cost savings and efficiencies in processing claims, evaluating risks and underwriting policies. With mainstream adoption of open banking and payments apps in the last decade, fintech has become the poster child proving the value of networks that connect and manage various sources and forms of data, an incredibly sticky proposition for any industry, Ares said. Companies offering tailored technology solutions in verticals such as insurance are betting that apps and online platforms can catch on, similar to how they did in consumer banking and financial services.3Healthcare Technology for the Continuum of CareHealthcare is an industry lagging behind in its adoption of technology, so opportunities abound to improve patient outcomes and accessibility to healthcare amid caregiver labor shortages and the rising cost of care in Europe and the U.S. One method is complete data sharing between patients doctors and care locations (i.e. clinics and labs): Data-centric healthcare requires technology embedded throughout the continuum of care, said Marie-Gabrielle Bui, a Morgan Stanley banker who specializes in healthcare technology. A patients doctors and patients themselves should be able to easily access secure data that is privacy-compliant across care locations. Another lever is to move chronic patients from emergency care, which is extremely expensive, to preventative care, which is more affordable, Bui said. One example is healthcare technology that helps diabetic patients by continuously monitoring their glucose levels, warning them when levels are too high and scheduling doctors appointments and follow-up when necessary. Other avenues include artificial intelligence (AI)-backed symptom checkers and gamified apps for patient engagement or chatbots providing tools for psychological support, such as cognitive behavioral therapy. Given wide demand for healthcare technology, companies are looking to acquire businesses that offer healthcare software or digital health tools because M&Aeven across country bordersmay cost less than fully developing solutions in-house, Bui said. In particular, European companies are interested in acquisitions to capture more geographic market share, despite different local regulations.4Trends in Digital InfrastructureData consumption by businesses and consumers is continuing to grow exponentially, driving demand for all types of digital infrastructurenotably fiber, data centers and mobile towers. In recent years, this has also driven high levels of M&A activity and valuations, with lower-cost capital providers becoming increasingly comfortable with future growth prospects. Nevertheless, the current macroeconomic environment is a test for the asset class, said Max Thiele, a Morgan Stanley banker who specializes in digital infrastructure: While the investment case for digital infrastructure continues to be very strong and demand for quality assets is high, companies and investors are carefully scrutinizing the impact of inflation, power prices and the risk of recession, including if and how certain cost drivers can be passed through to customers. In addition, market participants are searching for the next adjacent infrastructure growth and capital deployment opportunities, Thiele said. This includes investments in tier 2 cities and markets, infrastructure deployments in preparation of new exciting use cases, such as edge computing, and also asset classes that have historically not been considered classic infrastructure but have proven highly predictable and economically resilient.5Cloud and AI for Resource Planning and HRCompanies across industries are looking to technology to streamline internal functions such as enterprise resource planning (ERP) and human resources (HR), said Leila Harestani, a Morgan Stanley banker who specializes in ERP and HR technology. In ERP, one of the biggest trends is cloud for deployment, in which software is hosted on vendors servers and accessed through a web browser, generally at a lower cost than the alternative on-premises software, which is installed locally on a companys computers or servers. As cloud-based ERP proliferates, more small- and medium-sized businesses may adopt these solutions, but vendors will have to prove they have prepared for security risks, such as who can access sensitive data and potential data theft by malicious actors, Harestani said. Another important theme is the use of AI to identify and learn from data patterns, which offers widespread applications for forecasting and modelling, supply chain tracking and customer service. In HR, AI is useful for recruiting, onboarding and employee engagement, and companies are also investigating how the blockchain could enable better data security through encryption, according to Harestani. Emerging private companies are the frontrunners offering these ERP and HR capabilities, and that has led to M&A interest from bigger companies, Harestani said. The more innovative and advanced technology solutions are coming from start-ups, and existing players in the marketlarger companies and private equity firmsmay look to acquire them.Looking AheadEmerging technology in industrials, insurance, healthcare, digital infrastructure and enterprise resource planning is enabling the exchange of data across value chains, and investors are monitoring companies that help connect data across disparate sources in specific sectors. Given demand for these solutions, big companies and private equity firms are on the hunt for acquisitions to increase their market share within industry verticals. Next
At Morgan Stanley, we advise, originate, trade, manage and distribute capital for people, governments and institutions, always with a standard of excellence and guided by our core values.Morgan Stanley is dedicated to providing first-class service to our clients, in a way that reflects our commitment to creating a more sustainable future and fostering stronger communities around the world. In each line of business, we strive to demonstrate our belief in the power of transformative thinking, innovative strategies and leading-edge solutionsand in the ability of capital to work for the benefit of all society.