SENIOR S.M.A.R.T.^® e-guide

Social Security was established in 1935 as a federal insurance program to pay financial benefits to people over 65 and disabled citizens.  Currently, there are over 55 million people receiving Social Security. With 3.5 million baby boomers turning 65 every year, that number will continue to rise over the next several years.

• Today Social Security is a key income source for many seniors and many more could not retire without this benefit.
• For 40% of retires, Social Security is their sole source of retirement income.
• For 7 out of 10 Americans, Social Security makes up 37% of total retirement income.
• 21% of married people and 45% of single people rely on Social Security for 90% of their income

After a lifetime of paying into the system, you want to get the most from your benefits. Unfortunately, too many of us oversimplify the process.  It is important to understand, once you make your decision, your choice is most likely final.

SENIOR S.M.A.R.T^® guide can help answer the following questions:

• • Do you know the 3 biggest factors that can reduce your benefits?
  • What is your FRA or Full Retirement Age?
  • How can you maximize your benefits?

Please request your Free SENIOR S.M.A.R.T^® guide HERE to help you make the most of your Social Security Benefits.

Medicare Is Big Business.  The amount of money spent by the government and private sector has the attention of every insurance company, broker, and agent in the country. By now you have experienced numerous ads through the mail, TV, and radio.  With so much riding on your decision, who do you trust?  The best advice may be to simply trust yourself.  You need to do some of the things you would rather not. You need to do your own research. Determine what you do or do not understand and ask the right questions. This all sounds good but, where do you begin?  Well, right here. You are taking a good first step to understanding Medicare.

SENIOR S.M.A.R.T.^® guide can help answer the following questions:

• Do you need to sign up for Medicare Part B and when?
• Do you need a Medicare Part D Drug Plan?
• Do you select a Medicare Advantage plan or Original Medicare?
• Do you understand the difference?

Please request your Free SENIOR S.M.A.R.T.^® guide HERE to make the most of your Medicare Planning options.

What is Asset Preservation?  Simply defined, it is planning with the intent to protect loss of your assets from creditor or other legal claims. Some common examples would be the various forms of insurance.  Life insurance to replace lost wages allows surviving spouse to continue paying the mortgage avoiding foreclosure. Homeowners insurance replaces lost or damaged property. Liability insurance provides protections if you are involved in the personal injury of another person or their property.

Estate and Medicaid planning are examples of asset preservation that utilizes trusts, powers of attorney and other legal instruments for property transfers to protect your assets.   A will is an excellent example of asset preservation that everyone should use.  By providing guidance for your asset’s distribution in your will, you can limit claims made on your assets and facilitates property transfers to the loved ones of your choice.

Long Term Care planning is another part of asset preservation. It is of specific interest if you would rather not utilize Medicaid Planning. One drawback to Medicaid planning is there may be a requirement to give up legal ownership of property to help protect your assets from creditors.

SENIOR S.M.A.R.T.^® guide can help you understand the following:

• • 4 Legal Documents Everyone Should Consider
  • Adjustments Seniors can consider making to their Home, Auto and Liability Insurance
  • Long Term Care Planning, The Difference in Liquidation vs Preservation Strategies

Please request your Free SENIOR S.M.A.R.T.^® guide HERE to help understand what Asset Preservation entells and how planning can help you.

So, you are finally thinking of doing it, to hang it up, to retire from your job or sell your business and move on with your life. You worked hard to reach this milestone.  It may have seemed as if this day would never get here but, time has its way of prevailing. Now maybe the dream that was once so clear is getting a bit cloudy. Are you now finding more questions than answers?  You are not alone. According to TIAA CREF, fewer than 4 out of 10 Seniors over 55 have tried to answer these 3 questions.

SENIOR S.M.A.R.T.^® guide can help answer the following questions:

• • How much do I need?
  • Do I have enough?
  • How to make it last?

Please request your Free SENIOR S.M.A.R.T.^® guide HERE to help you get the most from your Retirement Income Planning

Technology can be a great connivence. Today, it is so easy to connect with family and friends by simply opening our smartphone.  Online shopping is another advantage of technology. From groceries to cars, just about anything you need can be ordered and delivered to your front door.  These services are becoming more and more ingrained into or daily living but, have you ever wondered how technology could play a bigger role in your life as you age?

“Ageing in place “is a new phrase used to describe just how technology will aid Seniors to continue to live safely and independently in their homes as they age.

These new technologies allow a caregiver to monitor your personal health status as well as your home environment from a distance using just a smartphone and an app.  Most of us are familiar with Medic Alert.  The “help, I’ve fallen and can’t get up” commercial has been around for over 20 years and technology has come a long way in this time.  Today medical devices not only allow for an emergency response with the touch of a button but, so much more.   You can visit your doctor virtually from your home.  Blood pressure, glucose sugar levels and even EKG readings of your heart can be done and the information sent directly to your doctor or caregiver without leaving your home.  Maybe you personally are not in need of these service today?  Perhaps you are a caregiver and helping an aging parent?  Nothing replaces being there but, how helpful would it be to be able to watch over someone in your care by simply opening an app on your smartphone or tablet anytime of the day or night?  New tools and technology are being developed every day that could help us all be safer as we Age in Place.

Please request your Free SENIOR S.M.A.R.T.^® guide HERE to see how technology can help you “Age In Place”.