The Baby Boomer generation is facing unique issues for which they need professional advice. Americans are living longer than ever before creating planning needs which have not been encountered, in many cases, before now. While not at all exclusive, some of these issues are:
- Aging Parents who may be geographically distant
- The need to support aging parents and children while saving for retirement
- Concerns about out-living your retirement money
- A surviving spouse who may need assistance managing investments
- When to begin drawing Medicare
- Understanding Medicare Parts A, B and D (Prescription Insurance)
- Community Resources
Brian Brady and Carol Lawlor have first-hand experience being members of the "sandwich" generation; navigating the Medicare system; having aging parents in geographically distant locations; accessing community resources and many other issues. We bring empathy to many of the situations that face our clients!
With our boomer and beyond services as well as with our traditional elder care services, you get the help of a caring, honest and knowledgeable professional. Someone on your team, looking out for the best interests of those involved.
Some of the services offered in this area are:
- Reviewing and paying household bills, budgeting, and record keeping.
- Assistance with check writing and checkbook balancing.
- Making sure money is received, receipted, and deposited.
- Offering second opinions regarding household issues and unexpected situations.
- Handling day-to-day financial transactions such as home repairs, routine maintenance, and emergency medical expenses.
- Planning retirement account distributions and safeguard against improper disbursements.
- Organizing and reviewing personal, financial, and legal documents to determine what needs to be addressed.
- Preparing an inventory of personal assets and investments.
- Identifying and planning retirement income, needs, and goals.
- Determining current and long-term cash flow needs by analyzing income and expenses.
- Addressing questions about lifestyle, Social Security, pensions, Medicare, and long-term insurance.
- Monitoring investment portfolio and other assets in conjunction with the investment advisor.
- Preparing, planning and filing income, trust, gift and estate tax.
- Providing referrals to local services and agencies.
- Arranging proper level of care, transportation, and caregiver assessment.
