The same is true with your retirement plans. It’s not the big things that are going to cause you problems, but the little ones that are not addressed.
The problem as I see it is a lot of retirees only focus on their money and forget to deal with all the other things that can cause major problems down the road. Beneficiaries not right, Medical Power of Attorney not in place, wills or Revocable Living Trust not the way you want them, just to mention a few.
It is so important that when you are working with an advisor that they do a complete review, not just on your money, but a tax review, as well as an estate review. And last but not least, make sure you have a plan for Long Term Care. You notice I did not say an insurance policy. If you have long term insurance that is great but there are other ways that you can protect yourself. Just make sure you have a plan.
As a Certified Senior Advisor, I have gained a lot of knowledge on how to deal with these problems.
Now go take care of all of those mosquito bites!
Blackston Advisory Financial Group
P: 352-633-9046 | F: 352-633-9043 | A: 8564 CR466 Suite 306 | The Villages, Fl 32162 david.blackston@blackstonf