Retirement

Should I Pay Off My Mortgage Now?

Posted by on Aug 13, 2019 in Certified Financial Planner Boise ID, Certified Senior Advisor Boise ID, Estate Planning, Financial, Financial Advisor Boise ID, Financial Planners Boise ID, Financial Planning Consultant Boise ID, Financial Services Advisors Boise ID, Retirement | Comments Off on Should I Pay Off My Mortgage Now?

To Pay or Not to Pay – that is a dilemma facing many Baby Boomers today. As retirement is approaching, do you pay off the mortgage or not? You are 3, 5, 10 years away from retirement. And you have 5, 10, 15 years left on your mortgage. Do you pay the mortgage off early? If so, which bucket of money do you use? In interest of full disclosure, this financial advisor prefers retirees to be debt free at retirement.  Less cash flow is required for monthly expenses which is less strain on investments. In a market downturn, retirees sleep better in a debt free home. However, being mortgage free may...

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How Much Life Insurance do You Need

Posted by on Aug 6, 2019 in Certified Financial Planner Boise ID, Certified Senior Advisor Boise ID, Estate Planning, Financial, Financial Advisor Boise ID, Financial Planner Boise ID, Financial Planners Boise ID, Financial Planning Consultant Boise ID, Financial Services Advisors Boise ID, Retirement | Comments Off on How Much Life Insurance do You Need

It is an important questions when considering life insurance: “How Much Life Insurance do I need?”  Watch the video and get help to see how life insurance needs today may be different tomorrow. This video is by Ohio National Financial Services.

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How Will You Practice Your “ART” in Retirement?

Posted by on Jun 25, 2019 in Certified Financial Planner Boise ID, Certified Senior Advisor Boise ID, Financial Advisor Boise ID, Financial Planner Boise ID, Financial Planners Boise ID, Financial Planning Consultant Boise ID, Financial Services Advisors Boise ID, Retirement | Comments Off on How Will You Practice Your “ART” in Retirement?

How Will You Practice Your “ART” in Retirement? A hammock on the beach. Your favorite chair in the living room. Waking up when you feel like it. A blank calendar. Doing what you want when you want. Doing nothing if that’s how you feel that day. After a lifetime of working 40 hours every week, this scenario sure sounds appealing to many soon-to-be retirees. But the surprising reality is that a life of unstructured leisure can create stress, strain spousal relationships, and lead to feelings of uselessness and depression. When today’s successful retirees stop working, they learn the “ART” of...

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Practical Tips for Family Caregiving, part 2

Posted by on Apr 9, 2019 in Certified Senior Advisor Boise ID, Financial, Financial Planner Boise ID, Health, Retirement | Comments Off on Practical Tips for Family Caregiving, part 2

Practical Tips for Family Caregiving, part 2 Are you currently a caregiver? Do you know somebody who is? Caregiving can be an all consuming responsibility – especially if your loved one is battling with dementia. Be careful not to let your ‘new job’ get you isolated. It is important for your loved one that you take care of yourself in this journey of caregiving. You don’t know if you will be needed for a few months or a few years. Take care of yourself from the beginning. Click here for the resources to support groups for caregivers from Part One of Practical Tips for Family Caregiving. Tip...

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Practical Tips for Family Caregiving

Posted by on Apr 2, 2019 in Certified Financial Planner Boise ID, Certified Senior Advisor Boise ID, Financial, Financial Advisor Boise ID, Financial Planner Boise ID, Financial Planners Boise ID, Financial Planning Consultant Boise ID, Financial Services Advisors Boise ID, Health, Retirement | Comments Off on Practical Tips for Family Caregiving

Practical Tips for Family Caregiving   Former first lady Rosalyn Carter said there are only 4 kinds of people in the world: Those who have been caregivers Those who are currently caregivers Those who will be caregivers And those who will need caregivers. You are likely to have the opportunity of being a caregiver for an elderly relative such as parents or for a spouse. Many caregivers begin with the best of intentions to do everything themselves. After all, they are family.    It may not be long before you are approaching burnout. Caregiving tasks start simple, providing meals, running...

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4 Phases of Retirement

Posted by on Mar 12, 2019 in Certified Financial Planner Boise ID, Certified Senior Advisor Boise ID, Financial Advisor Boise ID, Financial Planner Boise ID, Financial Planners Boise ID, Financial Planning Consultant Boise ID, Financial Services Advisors Boise ID, Retirement | Comments Off on 4 Phases of Retirement

4 Phases of Retirement   In your retirement planning, do you think about what you are going to do? For 8,000 days? Or 22 years – one third of your adult life. Many focus on what they are retiring FROM. Not enough emphasis is placed on what they are retiring TO. Dr. Joseph Coughlin of the MIT Aging Lab has divided the 8000 days of retirement into 4 phases. 1.Honeymoon Phase You spend time doing the things you wanted to do but work interfered. Many do a lot of travel. Their Facebook posts are full of the places they have been. You may discover the many roles work played in your life. The Rand...

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