The primary goal of retirement planning is to maintain roughly the same living standards. However, achieving this goal can be challenging without a proper retirement plan. So how can you achieve financial security and happiness after retirement? Here are the top 3 ways.
Fixed income budgeting is an important practice for many seniors. Budgeting for retirees means being creative in finding ways to cut down and still enjoy plenty of fun.
Keep your wits about you to spot phone scams targeting seniors. Avoiding phone scams is easier when you know about them, so read our latest blog post to educate yourself.
First, understand that having a will and other legal documents in place will take a huge burden away from your children, other family, and friends. In addition to a will, which you definitely need, consider setting up a trust. Having a trust means that you can put certain conditions on how your assets are distributed and reduce the amount of taxes your heirs have to pay.
Home Remodeling Tips – Age in Place
One of the hot topics in home remodeling and design is the movement toward being able to age in place. This means that the house is adapted so that older people, people with mobility limitations, and other concerns can comfortably live in the house they’ve always lived in. The movement leans toward universal design, which means that the alterations are useful for people at all stages of live. Simple changes, like switching out door knobs for levers, makes life easier for people who might have arthritis or someone who’s holding a baby.
We’ve got a few ideas for your next home remodel project. These elements will make it easy to age in place and increase the functionality of your home overall.
Hire a Contractor Who Specializes in Aging in Place Home Remodel Projects
Start with the entry to your home. Install lights along the walkway and on the porch so it’s easy to get from the car to the front door. Add hand railings, too. A tapered walkway or ramp rather than steps is another good idea. Building a shelf to set down mail or groceries to unlock the door is another great feature for anybody. You can also consider a smart locks to avoid having to fumble with keys.
Throughout your home. Add lights! An easy change is to increase the wattage of the bulbs you’re using throughout the house. Get fixtures or recessed lighting installed if there are dark areas. Consider your flooring. Is it easy to trip or slip on it? Check into low pile carpet or special tiles designed to reduce slipping. Widen doorways wherever possible. Removing molding can create space. So can installing doors on an offset hinge.
In the kitchen. Consider adding task lighting on the counters to increase visibility. Get rid of throw rugs. Replace cabinets with slide-out shelves and drawers. It’s much easier to find things when you can pull out the shelf into the light. Consider your appliances. Can you get your dishwasher or stove installed higher up, so you don’t have to bend down so far to reach them?
In the bathroom. Add grab bars. You can find attractive bars that fit in with your decor. Make sure they are installed securely. This is a time to hire a professional! Switch out a tub for a shower. The shower should have a very low or no step up. Install a hand-held shower head. Consider a built-in bench, for easy bathing. A comfort-height toilet reduces the amount of bending to sit on.
Smart technology. It’s amazing what you can do with a smartphone these days. We mentioned keyless entry above. You can also install home security and temperature control that is operated on a smartphone or device.
Be sure to talk to a contractor who has experience with doing an age in place remodel. You will get lots of good ideas tailored to your own home and lifestyle!
On behalf of Lisa Bryant of The Law Offices of Lisa C. Bryant, Inc. posted in Health & Wellness on Monday, June 5th, 2017.
Summer is here, which for many families means vacation travel. Here are our best five caregiving travel tips for senior citizens.
It’s a sad fact that about 5 million elders, that is 1 in 10 elders in America, suffer with some form of abuse, whether neglect, mistreatment, or financial abuse. Thursday, June 15th is World Elder Abuse Awareness Day. Learn more about how to get involved.
On behalf of Lisa Bryant of The Law Offices of Lisa C. Bryant, Inc. posted in Estate Planning on Monday, May 1st, 2017.
The political climate has changed dramatically since the election of Donald Trump, to put it mildly. It’s not always easy to figure out what the president is planning to do and how well he is working with his Republican colleagues in Congress. However, proposed budget cuts may dramatically affect several important Federal senior programs.
On behalf of Lisa Bryant of The Law Offices of Lisa C. Bryant, Inc. posted in Estate Planning on Monday, May 22nd, 2017.
When it comes to retirement planning, most advice focuses on how to save money and manage a 401K or pension plan. And of course, good estate planning is very important for a dignified retirement. However, it’s vital to remember the rest of life in your plans, too.
On behalf of Lisa Bryant of The Law Offices of Lisa C. Bryant, Inc. posted in Estate Planning on Monday, April 10th, 2017.
We know that most people think of pre-nups as somewhat shady agreements…