Retirement Videos

You are 65 and the time has come to retire. You have saved and invested over the years and now have a big bag of money that you have invested in the market.

Have you ever thought, “Wow prices sure are going up.”  “My money sure doesn’t go as far as it used to.”

What is inflation?  Let’s look at a simple example.

Hello, I am Albert Stout. This is one of a series of videos to help you with your retirement. Each video provides you information about a different aspect of retirement.

For many people the cost of health insurance keeps them working until they are 65 and eligible for Medicare.  In this video I am going to talk about the different options in Medicare. 

The retirement years can be divided into the go-go years, the go-slow years and the no-go years.   So many retirements have been wrecked by not planning for the no-go years. 

According to the US Dept of Health and Human Services, relative to people over 65, 19% will need long term care for one to two years.  21% will need care for two to five years, and 13% will need care for more than five years.

Harvard study showed one of the biggest fears in retirement is running out of money.  Once you are 5 years, or 10 years, or 15 years into retirement, and you get the feeling you are going to run out of money, what can you do?  For most going back to work is not an option.  Cutting back on your life style and giving up some of your retirement goals are what usually happens. 

How much money do you need to retire?  You may remember a commercial that ask, “What is your number?”  Is it half a million?  Or a million?  Maybe you think it is three million.  What happens if your money is invested and the market crashes?  How do you get back to your number?

The goal with retirement financial planning is to identify where you are today.  Once you know where you are today, then you pick a path that will allow you to go through retirement, so you can achieve your retirement goals.

There is a pension available through the Veterans Administration to help certain veterans pay for long term care. Aid and Attendance or Housebound benefits is a program that was first established by Congress in 1952. It is part of Title 38 of the U S code, which established the Department of Veteran Affairs as we know it today.

When I think about retirement, I think about being healthy so I can be active and enjoy life.  Many fear having a major health problem that will wreck their retirement financially.  When one has a health problem, one wants to get the best medical care available. 

With your help, we will put together your own personal written financial retirement plan. Your cost is a little bit of your time. I do this because after seeing the plan we put together, many people have been impressed enough to become clients. I look forward to working with you.