Posts Tagged ‘ senior financial planning ’


May 7th, 2012 | By | Category: Senior Finances

Senior Financial Planning Senior citizen financial planning today needs to include planning for supporting aging parents who run out of resources. And that planning needs to have begun about three decades ago, so this is a post you might want to consider forwarding on to your adult children. Here are the facts:  People are living […]


Mar 15th, 2012 | By | Category: Senior Moments Blog

Periodically, it is useful to add up one’s financials in order to determine where you are. Doing so with some regularity enables one to head off being surprised, ill prepared or down right shocked. Going along, assuming that all is well is a very dangerous strategy. A sudden wake up call can be debilitating to one’s frame of mind, particularly if the revelation includes a downturn you weren’t prepared for.

Just as one is ordinarily aware of how much cash he/she has on hand, knowing the value of assets and the predictable health of those assets makes for a healthier frame of mind. If you are partnered, you and your partner should stay in touch with the big picture, be aware of any unanticipated expenses or downturns that may affect your situation. While it is not essential to have a review down to the penny, it is helpful to keep in mind the trends, e.g. bank account balances, totals in portfolio investments, anticipated lay outs


Jan 30th, 2012 | By | Category: Senior Moments Blog

Before all your resources are spent, you may want to identify a means for evaluating what intentional desires you have for your estate upon your death. Making decisions about your estate is an early on decision which prevents heartache and disappointment later.

For those who have structured their lives to take into account the consequences of choices, this will be less a challenge than for those who have lived day to day. Resources must be tended to, like a garden. If those resources are to provide sufficient income for yourself and, if you desire to be in a position to gift others, then intentionality will be a major influence.

Upon retirement, there are several practical and flexible issues that need to be taken into account. Having made out an estate plan in