Retirement Planning Store, Inc.
  • Home
  • LTC
  • Insurance Review Service
  • Privacy Policy
  • Contact Us
  • Blog CMS
  • Annuity
Like us here

Preserving Your Health After 60: Tips to Stay Fit

4/25/2018

0 Comments

 
Picture

​Famous scientists and theorists have often claimed that time is relative, but whatever the truth is, time certainly leaves its mark on our bodies, and the more the years go on, the better care we need to take of them. Here are some tips on how to take care of your health after the age of 60 so life is as good, or even better than before.

 
Do Your Dance

Whatever physical activity you do, physical exercise will benefit your body in many ways. Many elderly people make the mistake of laying back and taking it easy after 60 but keeping active at this age will boost your mood and provide more inspiration to grow. Doing even thirty minutes a day of cardio will regulate your body's functions like coordination, bone formation, posture, muscle maintenance, and hormone balance. 

 
Care for Your Near and Dear

Meaningful and close relationships are just as important to our health as physical maintenance. Keep in touch with friends and family, and if you can, create new ones. There are plenty of common activities organized where you can meet people with similar interests. Whether it’s knitting, book clubs, or programs at your local library, make an effort to find belonging in your community.

 
Embrace Change

Old age brings its own sets of joys and sorrows, just like any part of life. Things might or might not change drastically for you. Whatever happens, do not forget to embrace the changes, and be grateful for things that have stood the test of time. Remember to embrace your feelings as well and find ways to express them so they do not get buried and turn into resentment or depression. 
 

Food and Diet

Be choosy about your food and diet because it does matter. In old age, the metabolism slows down. Eating healthy is important in order to maintain your energy levels. You might consider taking some general supplements for health as well. Fish oil, calcium, and vitamin C are some of the big ones. You might also use general health supplements like ASEA that work on a cellular level. Consider eating more fresh fruits, vegetables, and more whole foods in general. These are rich in fiber, vitamins, and minerals and are easier on the digestion. Keep hydrated by drinking sufficient amounts of water as well. 
 

Get Enough Sleep

It is not uncommon for to experience difficulty sleeping. As common as insomnia is, there are measures that must be taken to improve sleep. Boost your melatonin levels at night by limiting all amounts of light. Make your bedroom a place that is free of noise, light, and heat as all of these contribute to insomnia. Go to bed earlier, so you have to time relax into the sleeping state gradually. 
 
​
Remember, retirement and getting older are not the end of life. Make sure you live this free period of your life to the very best and improve your own health every day. 

​For a Free Instant Term Life Insurance quote click here!

0 Comments

Retiring Soon? 5 Things to Consider Purchasing When the Time Comes

4/23/2018

2 Comments

 
Picture
Photo credit: Aqua Rec's

So, you've reached that time in life where going to work is an option. If you're ready to retire, there are some purchases that you might want to look into. These could make your life simpler and more fulfilling. Here are five things to consider purchasing when it comes time to retire.


A Hot Tub
​
If you're ready to retire, it might be time to get a hot tub. This luxurious toy is a great amenity that can help you with relaxation. As stress is one of the leading health hazards that retirees might have to deal with, anything that can cut down on stress is a great purchase. Hot tubs can be utilized inside or outside, and the area of the country you live in might impact where you choose to place a hot tub.

A Condo
If you're ready to retire, there's a good chance that your kids have flown the coop. Without kids in the home means that your forever dream home might not be necessary. Selling your home and getting a condo to live in could free up some capital for retirement while also cutting down on the amount of home maintenance you have to perform.

A Vacation
Perhaps you've always wanted to go to Europe or Hawaii. If your health is still good and you have the money, early in your retirement is the perfect time to make that trip happen. Without the need to check into an office on a daily basis, you have plenty of time to travel during the off-season to save some money.

Trips To See Family
If your family members live in some different locales, you should finally have the time to visit them. Retirement should also provide the passive income that's necessary to make these trips. If your family has room, you can even save on the cost of lodging.

Bonds Or An Annuity
If you're worried about running out of money, purchasing a financial instrument that provides passive income might be a good idea. Bonds and annuities pay out cash on a regular basis. Some bond funds even pay out a monthly distribution to those who own them. Bonds or pensions could be a great option for smoothing out your income so that you have less to worry about.
​

If you're ready to retire, it might be time to make a few strategic purchases. From a new hot tub to a vacation to a far-off locale that you've only dreamed about, retirement could provide the time and the funds to make these goals a reality.

​For a Free Instant Term Life Insurance quote click here!
2 Comments

Financial Building Blocks: Why Having Physical Assets Matter

4/13/2018

2 Comments

 
Picture
​Assets are important to have for a diverse and successful financial background, but physical assets are often neglected. Examples of physical assets are things like cars, homes, businesses, and the like. You may not first think of them when listing your wealth but can be invaluable in your financial future. They are important for you to have and a look below can help you diversify your own physical assets.
 
They Become Your LegacyYour assets are important because you can leave them to your family. Your home, your car, and any other assets you accumulate can pass through generations and keep your family name strong. They can help your children to survive in a new economy, as well. You will do well by having at least one physical asset that you can pass along.
 
They Hold EquityPhysical assets grow equity, and equity can be a tool for you in a lot of situations. The equity in your home or car can help you to obtain the funds you need for certain processes and emergencies. You can use the equity in your home to help a family member or friend get out of a jam, as well. Additionally, you can use your equity to get cash if you have an emergency or need quick money for any reason.
 
Creditors Look at Them FavorablyAnother reason to have physical assets is that creditors look at them favorably. It's easier for you to get a loan for a new home when you already have a car or a home when you already have a business. It lets the creditors know that you have something you are paying on, and also something they can use to recover their loan funds if they provide you with a cash advance for any reason. According to Low VA Loans, getting pre-qualified for a mortgage today is easy once you have found a good lender.
 
They Build Your Self-EsteemEveryone wants to feel like they have a purpose, and that their life has meaning. When you have physical assets, you can see what you've accomplished in the physical realm, and that may make you feel more accomplished, which can provide a sense of contentment and pride. It may make you feel as if you received something back for your hard work.
 
As you can see, physical assets can be more of an asset to you than the ones mentioned above. You can start accumulating physical assets today by applying for loans that will help you to secure them. Mortgage and auto lenders are available all the time. You can start setting up your future by making sure that you have some of these assets today. 

2 Comments

The 5 Kinds of Insurance You Need in Place Before Retirement

4/12/2018

0 Comments

 
Picture
As you age, it’s essential to protect yourself and your loved ones by purchasing insurance. Insurance policies can save you from a significant financial disaster as long as you have enough to protect your needs. It takes time to look for and find the right policies to suit your needs. Here are five types of insurance that you need before retiring.
Picture
1. Medical Insurance
Health insurance is something you need for doctor visits, tests, medications, and other needs. You never know when you’ll have an emergency, need a prescription, or develop a medical condition that requires long-term care. You can quickly accumulate thousands of dollars in debt if you don’t have insurance to pay for a hospital visit or expensive specialists or tests.

Picture
2. Vision Insurance
Don’t forget about your eyes. Some medical insurance policies don’t include coverage for vision services such as exams, glasses, or contacts. Eye health also degenerates over time, meaning your expenses will increase, especially if you develop cataracts or glaucoma. A vision insurance add-on policy tends to cost just a few dollars a month and is well-worth the investment. ​

PictureImage credit: Le Center Dental
3. Dental Insurance
Most basic health insurance policies do not include dental coverage. Reduce costs for oral care such as crowns, implants, or dentures that can be costly to pay entirely out-of-pocket. Basic policies only cover routine care such as x-rays and cleanings. You’ll need to buy more coverage for bigger procedures. ​

Picture
4. Life Insurance
If you have dependents to take care of after you pass, then you need to carry life insurance. You can ensure that your children and spouse are taken care of and aren’t under financial strain, especially if you are the sole provider. Even if you don’t have dependents, you should still purchase a basic policy to cover funeral costs so your loved ones aren’t responsible for coming up with funeral expenses. ​  Get a free quote 

Picture
5. Long-term Care Insurance
You might not be familiar with it, but long term care insurance provides for your needs if you become incapacitated due to an accident. It can also aid with nursing home or in-home care costs for yourself or your parents depending on the policy you purchase. The policy can also aid in protecting your assets, allowing you to keep your independence, avoid depending on the government for care and have an overall better quality of life in retirement. ​ Watch a free LTC Webinar

Plan ahead if you want to reduce your stress and financial burden in retirement. Always carry these five types of insurance to give you peace of mind and protect you and your loved ones. ​
0 Comments

    Author

    My name is Dan Hopwood and I first started my career in the insurance business back in 1988.  2023 will be the start of my 35th year in the business. 

    Archives

    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    March 2021
    February 2021
    January 2021
    November 2020
    August 2020
    July 2020
    June 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    July 2019
    May 2019
    April 2019
    December 2018
    November 2018
    September 2018
    August 2018
    June 2018
    May 2018
    April 2018

    Categories

    All

    RSS Feed

Powered by Create your own unique website with customizable templates.