Category Archives: Financial Planning

4 Tips for Better Tax Prep for Seniors

Most people don’t get excited at the prospect of getting their taxes done, but there are some reasons to have this important annual task done. Here are some tips to help seniors with their tax prep so it’s less of a burden. 1. File your tax return as soon as possible. By filing as early…
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5 Tricks and Tips to Help Make Money Management Easier for Seniors

As we get older, managing our finances may get a little trickier. You may have more time to pay your bills and balance your checking account than you did when you worked full-time. However, vision changes and the occasional “senior moment” may get in the way of efficient money management. Your money demands also change…
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Article Advises How and When to Help an Older Parent With Finances

Sound management of finances is important for adults of any age. Unfortunately, some of the health or cognitive problems we face as we get older can make this a challenging task. In May, the Wall Street Journal published an article on when to step in with an older parent to help manage finances. We share…
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Avoid These 5 Financial Mistakes in Retirement

Retirement can usher in a new purpose in your life with the freedom to pursue new hobbies, travel, and other fulfilling life goals. However, it can also create financial havoc if you’re not careful. Don’t make the same mistakes that can ruin your financial future in retirement. Here are 5 common financial mistakes that people…
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7 Signs a Senior Needs Help with Financial Management

When you think about an older person maintaining his or her independence, you may think about the ability to drive or walk independently. Something you may not think about as often is the ability to manage finances independently. However, the mismanagement of finances due to physical or mental limitations can cause a host of problems.…
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