Seven questions to consider in planning for retirement years

Image

 

1- Assess your Finances– What are your financial goals? Have you estimated your annual living
expenses? If so, are your investments & other income sources aligned to cover your expenses?
Do you need an Investment Advisor?

2- P/C Insurance & Asset protection – Have you considered your legal exposures and assets you
own in considering your property and casualty insurance coverage? Is your current coverage
sufficient? Are you taking any steps to reduce your exposure to fraud, predators and creditors?

3- Estate Planning – Do you have the “5 Essential Estate Planning Documents”? If so, have
these documents been reviewed and updated recently to meet current law and your personal
wishes?

4- Living Arrangements & Care Providers – Have you considered your options with regards to
your living arrangements and care providers? Do you have a long-term care insurance policy
to minimize the financial burden of health care expenses?

5- Life Insurance – If you have life insurance, has the policy been review recently and is it owned
by the proper entity to minimize estate taxes and limit legal exposure? Is/are the
beneficiary(ies) of these policies up to date?

6- Pet planning – If you own pets, have you selected for a caretaker and provided for the financial
requirements within your Will/Trust?

7- End of life planning – Have you considered your wishes for your final resting place, the type
of service you wish, and have you planned for the expenses?
Disclosures
Founded in 2010, Andrew Hill Investment Advisors, Inc. is registered as an investment advisor with
the state of Florida and only transacts business in states where it is properly registered, or is excluded
or exempted from registration requirements. Please contact Andrew Hill Investment Advisors, Inc. if
there are any changes in your financial situation or investment objectives, or if you wish to impose,
add or modify any reasonable restrictions to the management of your account. Our current disclosure
statement is set forth in Part II of Form ADV and is available for your review upon request. Tax and
estate planning advice is general in nature and the firm is not engaged in the practice of law.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s