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Life is Good: Coasting Now

Client Centered

People in this stage have settled into retirement.  They have found a routine and often find that they are busier than ever.  Where did all the free-time go?  

Retirement fits you well. You’re enjoying each day and feel good financially. There are just a few more steps to take that will ensure your affairs are truly in order.

How do I make sure that my loved ones know that I have everything in order and someone knows where everything is located?

  • To make it easier on your loved ones or anyone who is taking care of your financial matters after you pass, you may want to consider completing a document we call a “Readiness Plan”.
  • Put simply, a readiness plan is a document that tells those you left behind where important documents are located, and gives them key contacts along with other important information. Download a fillable PDF here and use it to direct them when you no longer can.

How do I make sure that my financial affairs are taken care of should something happen to me?

  • There are 2 different life events that you need to think about, passing away and becoming mentally incapacitated.  To make sure your estate is properly taken care of and your wishes are carried out, you need to have a will.  To make sure you are taken care of if you suffer from a mental illness, you need to make sure you have a power of attorney in place.
  • We recommend that both of these documents should be prepared by an attorney who works in the area of estate planning.  When preparing your will ask your attorney about a codicil to document any specifics that you may not have included in your will. Contact us if you need help finding a local attorney.

How do I ensure I am physically taken care of should something happen to me?

  • While having a will and a power of attorney prepared for you, you should also have a living will prepared with medical directives in case you are unable to communicate your wishes should something happen to you mentally or physically.
  • You should also consider having a long-term care policy in place so that you are able to have the care you need, without worries of affordability. If you have questions, check out our blog: All of Your Long-Term Care Questions Answered!