[0:00] Welcome to Artful aging with your host Amy are you a senior or a caregiver of a
looking for support and Direction best selling author educator and expert in Senior Living Amy Friesen is here
with the help you need while providing you with an important and valuable support,
so now please welcome the host of Artful aging Amy Friesen.
[0:26] Good morning everyone I'm Amy Friesen and this is Artful aging with Amy thanks so much for joining me today we're live from Bold braids TV.
It's that time of year again when some people are said scrambling to collect all of the information for taxes I know I've done it
I know a lot of people that do it did you get all the forms filled out that you need.
Are you able to claim this or that is there something you miss that you should claim and the list can go on and on and on and I know most of you are nodding your heads.
According to news wire a.ca almost half of Canadians wait last minute to file their.
[1:02] I'm sure that the unknown and being overwhelmed or two huge contributors to that.
Additionally the Globe and Mail reported that almost half Canadians were also doing their own taxes and possibly missing out on some.
[1:18] Sarah Bowie hear from boy Financial she's my guest today
Sarah loves discussing securing Investments Estate Planning and efficiency with her clients Sarah has a passion for helping people and loves working with retirees welcome Sarah thanks so much for joining me today.
Thank you Amy appreciate it and you've brought a guest there I'm going to let you introduce your guest.
Excellent thank you for the great introduction appreciate it and I hope I can do the same for Tracy here so we call Tracy the brains of the operation especially
it's time to trade you see has been in the text field for how long now.
Over 10 years already over 10 years and what interested you to get in.
The first thing is I want to learn how to file my taxes and turning to be I'm going to help the people to file their taxes and get most benefit.
[2:17] Right yeah right yes because we're seeing now even the CRA offering to help you do your taxes online but I don't think they're even including expenses in that calculation no.
It's Tricky and that's what I said at the top of the show everybody like what can I claim what can't I claim so.
Sarah maybe we could start off I know that before your Finance career you are a realtor in New York state as well as Ontario why change to finance tell me more.
Well finances our family business so my parents are both in this industry my dad
42 years now Mom eventually joined him in mom focused more on the life insurance side add more on the investment side so if you can imagine that dinner table was just
all of that my sister going to get her be calm and then I was a little rebel I saw him I'm gonna get real estate and you know what not much of a rebellion because you're getting into Investments
anyway so opportunity came I decided to work.
[3:25] My parents and it gave me an opportunity to have a little bit more time with my kids I find that real estate is very challenging when you have a family.
[3:34] For sure and especially with the market right now as well right it's pretty crazy.
Told anyway I also know that you know you love working with all of your clients you have conversations with everyone but I know that you really love working with retirees in particular how come.
You know what you're getting you know is somebody who has life experience it's you know you can say what are you looking for and they tell you
and that's really nice I feel like it takes a lot of the mystery out of life for me there's enough missed round
we're going you know at work I don't want to be piecing together your financial objectives so working with retirees they're pretty like
hey this is what I want to do can you do this for me yes or no.
So very nice and also the life lessons I get I mean I've learned so much working with retirees because they've been there done that.
[4:28] Yeah absolutely there's lots of advice that anybody can get seniors generally speaking and then just through their life experience have you always been working with retirees or when you started did you start just generally or tell me a little bit more.
[4:43] So when I started mom and dad always focused on retirees mom a little bit less so because of the life insurance side of things.
[4:55] But with Daddy was very much as men's retirees Estate Planning and so I just came in right at that you know kind of.
Working with retirees and I haven't looked back I mean not that I won't work with younger people of course love you too I'm sorry
yeah go back in your base I'm so young are you anything but you know
well we're going to talk a lot about different specific taxation things claiming things.
All throughout the show we're going to take a break now now that you've got a bit of a taste of Sarah and Tracy so we'll take a break we'll continue the conversation when we come back.
This is our pleading with Amy will see you in a few minutes Artful aging with Amy is currently looking for gas and show ideas for our next season
drop us a line at hello at Artful aging with a me.com and let us know what you would like to learn about in our upcoming season.
[6:01] Welcome back to Artful aging I'm joined today by Sarah and Tracy financial planner and a taxation planner I think for Tracy Sarah what would you call yourself.
[6:13] Taxation pencil maybe taxation consultant besides Tracy right so everybody Financial so we're discussing all things taxes today so
please note that we are in Ontario and some things come up on today's show that might not be the same in your area however our goal is to give you tools and information
to ask more of the Russians to the people in your area if you're not in Ontario.
So taxes and applying for government benefits can change throughout our whole life for instance when you have a child there is child care benefits for.
And so Sarah how are retirees affected differently by taxation or Tracy we whoever would like to answer.
[6:57] Sure I can get it started and then we see can add in here so definitely went like you said
whenever your lifestyle changes no matter if you're in Canada or the United States your taxation is going to change whether that's having a child getting divorced and even sometimes a new job you know changing your status but
and then when we get to retirement that's a whole different thing so
we're talking different benefits you've never for CPP lot of people ask us indicated that's the Canadian pension plan should we be taking it now take it later away as that comes in as income and then in Canada we have our SP so it's a registered savings plan and that money is not
taxed when we know when you're paying into that
and so when you get to a certain age you have to start taking that income and it's called heard income fund at that point
and that is income on your taxes as well as your pension so surprisingly and in my experience a lot of people at retirement.
Are alive they are actually little bit richer than they thought they would be they might not feel that way but on paper definitely and part of why they don't feel that way is because of the expenses.
[8:22] Right so so we're travel insurance now you know that premiums really gone up any sort of private plan that you might have had to grab
prices all coming up yes your expenses are a little bit hard as you want to make sure you're taking advantage of that and what you can write off so Tracy and I wrote down a few things you know
having the disability tax credit I think that's a big thing that over 60 a lot of people should consider if they fall into that yeah because of the tax benefits to that
and then Tracy was mentioning some things like agent out
yeah so you retiree we have you know the generally everyone will have a present amount.
[9:09] And then plus that is the age amount for seniors.
And pension amount for seniors as well it's 2000 really seniors.
Can't think about you know stop thinking
something else if you are elderly like stay home or even senior home and long-term care and you can claim a disability tax credit as well.
[9:37] That's a huge different it's eight that over 8,000 different so and same time to you is living in Sydney at home,
or long-term here you can claim All Care expense and automatic expense there
so this is after the adoption as well so brings your tax payable down really is.
Yeah and in a lot of the times that's the goal here because we have the infamous as clawback they will need to security clawback and a lot of people want to avoid that the best way is to be careful with your income and make sure that you're deducting what you can.
Yeah the other one is somebody just retired and they won't get a huge Severance so that's the tricky because that.
You know brings you into the next tax bracket.
And pay a lot of tax so that'll just pan that beginning before your taxi that's coming to get ready.
[10:40] To reduce the tax payable that's the same
yeah and I find as a financial advisor those questions come to me often like should I contribute to my RSP my registered savings plan as so that Tracy can deduct that from my income or from the large sum I just got it what iron Mentor or maybe I sold my investment.
Pretty because I don't want to take care of more so there is strategy and a fine hand in hand tracing I work really well together.
[11:10] Awesome well why don't we elaborate a little bit on our ESPYs and riffs so I think a lot of.
The confusion that I see I mean personally I go through it and I have clients that go through it I think of it,
a lot of confusion that people have is literally definitions and education right and that's why I like this is what the show is about is what I do in my daily life is educating and defining what things are
so that people understand so maybe because you already talking about Rifts and what not what about.
Are you able to defer Rifts maybe that's start they're like can you tell us a bit more about riffs and can you defer them and what's the process.
Sure and what you're saying is absolutely true understanding the definition of these things is such a challenge we call it alphabet soup,
because that's really what is the ladders so I'm talking about riff income
by the time you're 71 the government says okay.
Amy I want you to decide what you're going to do with your rsps are you going to make it in annuity are you going to cash it all out but cash it all out right now are you going to make it a riff,
just dirty combine so a lot of people choose the riff off the bat because you could always convert that to an annuity later on whatever.
[12:30] For cash it out so they go to the ribs so you have to make that decision that 71 but you can actually defer that income to 72
if you want to and then if you have a younger spouse or you know are thinking about getting one you could use their age to lower your payment so here
actually I don't know what you can see but we have the minimums so when you're 72 and you have to start taking that income is that 5.4 percent
of that are as peer if we'll call it now at 71 you have to take 5.4% at minimum
so the government is saying absolutely have to take it by well because they want their tax money
we're talking about taxes this money is never been taxed and bad news is this if you say you know what I'm going to defer it I'm going to try and leave that 300,000 in that riff as long as I can and just just
you know slowly take that money out and I like seeing that big amount upon death it's taxed really high.
It's a whole all income so they get you there.
[13:40] Well let's let's hold for a minute because I hear Friday in my ear and we're going to go for a break.
But there's a lot of other questions I have around this so we'll jump back in and just a couple of minutes you're watching Artful aging with Amy will see you just in a few.
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[14:18] Welcome back thanks again for joining us today
we're going to jump back in with Sarah and Tracy because there's still a lot of definitions I want to make sure that you all understand and some that I don't understand myself so maybe we could look next at
pension income splitting and how tensley help save on taxes can you tell me what that is and can you give me some more information on it.
[14:42] Absolutely Tracy yes yeah yeah so based on my experience.
So that retirees one is sitting on the high-income.
Penjing and cpos whatever the total income is higher than the spouse so that person can transfer.
Maximum half of his patients through the spouse.
At the same time transfer the taxes to her spouse or his spouse and to reduce his tax payable.
At the same time the lower-income spouse can benefit from the tax transferred as well.
[15:24] Most of the time they'll get a refund because of that.
[15:28] And is that something I'm laughing because I know what's about to come into this and then magically happens or what do you have to do to make that happen Tracy
yeah that is how it happens because the higher income and the spouse can transfer maximum half of his or her
changing to the other one the red one okay they have to set it up so that it does that it's not just that.
The Seer is going to be like hey you can save money.
Nobody tells you okay
fair enough okay let's learn a little bit more about CPP and oasi been learning about this in my own planning as well I know that we talked about I think it's OAS claw back.
Can you just give us a little bit of Education around those two as well sure I think we can both go on this one so CPP so Canadian pension plan you're paying into that throughout your lifetime right.
[16:34] And then had 60 that you say Hey you want you want to take some
take some sleepy and you know and you might you might like I have a family member actually asked me this question and in his scenario because of the lack of income and single household you know we decided at 60 taking the CPC was the best bet also some health issues right so we're not talking about somebody who expects to live
to be 110 just honestly
those people do typically live to 110 so I know the ones who say they're not going to so so CPU can start taking its or you can defer it and there is some.
Reason to defer and it's often because your pension happy already so that's always something you want to talk to a financial advisor in the tax specialist about.
[17:31] And then already has so all yes it's 65 there they're saying oh hey.
Yeah it's taking it takes not many different you can can but a couple years that's it,
a huge benefit to that so all the security is something that everybody gets and then the G is Papa.
Yeah to that so so that is for people who are struggling a little bit have less income so they could get a Top-Up to the OAS and and for some people that's,
really helpful is the same family member who I was talking about you know we did that and
you know it's a little bit more comfortable of a life ya ya cuz ya cut off has sent good genetics as I told ya so all of that is really.
[18:22] Income you know as so we're talking about pension income splitting just to kind of Bring It Back we cannot pension income split CPP.
That's just something that we can't do so you have to CPP yourself
and have them split it at the source if you want are preferable tax position so so it can be done but you guys like the financial folks can't do it you have to deal directly with Canadian pension plan,
yeah and they're great I mean from
our experience are quite helpful so you can get that done there and then something else to consider in a lot of people don't do it
is the build reoccurring top up to CPP so for parents moms or dads who stayed home with those kids throughout the years I mean they weren't able to work because they're raising children as so
they would have less CPT right so CPP will actually increase it
based on child yeah so when you get the thing in the mail now it actually asked that question which is nice you don't have to call or do anything special.
[19:28] I didn't know that myself I told you I was going to learn stuff I always learn at something every week so what about just so people understand the claw back from OAS could you explain that.
So clawback is proportionate so it's not like oh you made so much money and not getting any OAS so it's based on the income
you're as big a little bit more of that so yeah if the retiree the income is past the threshold threshold usually is.
Around 75,000 and then the government will start to take back the ons portioning it's not holding.
So I think bringing it back to pension income splitting I think that's where people could really benefit from pension income splitting to where I'm making sure that you're keeping our way up sometimes certain wrench.
And then let's rap in t sfa's more booty sfa's.
So tax-free savings account so it seems like it has to be savings account but it should really be called the tax-free investment account because all of the games that you're making in a tfsa are tax-free.
[20:37] So right now if you had never contributed to a tfsa before we can put a T-1000
500 into that account right so when I'm working with people and they see that hey they have this open account the beginning attack slip.
For the interest and on this maybe we should consider taking a portion or all of it depending on the amount and putting it
into that tfsa if you don't already have it because then you're not going to get tax slip one less thing to do
floor and and then also the CEO more
working in the long run in the TSA so so that can be invested in anything.
[21:21] Terrific terrific okay well it's that time again so we're going to take a break.
After the break we're going to discuss more about tax credits because I get that question all the time like most of you know I work in the retirement home world so there's lots of.
Different things we touched on it earlier but we're just going to go a little bit more in-depth be in a couple minutes back on Artful aging on Bold Break TV.
[21:43] Welcome back to article aging with Amy we're going to jump back in again because we have a lot of information to cover.
This time we're going to talk about all things kind of tax credits that relate to,
seniors and specifically in retirement and long-term care and whole are world so.
As most of you know I work in the retirement home world like I was saying lots of the questions that I get are you know can I claim
it's part of my care or my rent for retirement living can they claim long-term care and the disability tax credit which we touched on so maybe
Tracy let's start because we've already touched on the tack the disability tax credit that's just kind of re explain it a little bit so that it gives us a bit of a base because a lot of people
that are making a move to retirement and long-term care are claiming this credit so can you just give us a little bit more information about that.
[22:35] Oh yeah definitely so this is actually a sticky web because a lot of seniors will go.
Move to the long-term care or senior home and they think that they can claim all the costs there as a credit but I did not.
So if you have no disability tax credit certificate from steroid.
Then every single penny from your pocket to pay the city and home it's not detectable it's not it's not credit at all so.
The best way to do that is talk to your family doctor.
[23:15] Oh and get the doctor sign that the CIA approved that you are disabled.
And then you can claim the rent you can claim the care.
Fees or the nurse bees medical fees in long-term care or senior home.
So that is a huge different is there like a specific limit or amount like theirs is there any kind of like cut off for that like
sometimes retirement living for instance because the homes break down every taxis and they break down the total amount for the year in rent and care right and so is there you know you can only claim x amount of rent or x amount of care or anything like that that's
play yeah so they wrote the launch a always will provide a annual statement.
All that statement that you said back here and we have a breakdown and they will specifically said this is a legible expense.
And this is the rent so what we can claim is the original expense of the long-term care statement.
Okay medical treated as a medical expense.
[24:31] So what I'm hearing you say Tracy is that if we can get the disability tax credit magic certificate.
Going to be rolling in money is what I hear you say yeah that's true yes and and you know the doctor has to fill it in so that becomes the biggest challenge I think is getting the doctor to fill it in because
what does being a doctor to fill out a tax form right it's like asking Tracy to you know check out your toll with so
yeah I don't understand how to form actually I mean the doctor you know
yeah so offering them some help some guidance you know the name of the person who is helping you through getting the disability tax credit just giving them that resource and saying hey you know I don't want to overstep but I'm working with Tracy and here's her information in case we have any questions
the forms are quite hard even not even just the tax forms you know there's a you know the mission form to retirement things like that the doctors have to fill out and they take a bit longer because.
They're not usually their priority and they're a bit more complicated and there's a lot of information so it takes a little while okay so what about.
The folks that are choosing to stay home longer they're doing either Homewood modifications they're bringing in home care what say you for our that are staying in their homes.
[25:55] Yeah like you said where is that magic certificates you can claim I feel like I just want to do like stars and bursts around it.
So the Home Care yeah if you hire some nurse like you can claim that
and also you can claim some home renovations about more safety for the seniors like your installer
The Handlebar on your bathtub something back that and the not slippery floor is new flow you can claim that cost as well.
[26:34] Awesome okay perfect and then lastly I'm wondering about you know there's a lot of
families who are bringing in their loved ones to live with them caring for them so can you tell us more about I believe there's a tax credit called the caregivers tax credit something like that can you do that for some of the caregivers in the audience.
[26:56] Oh yeah definite If the parents is living with their kids and I mean the.
[27:05] Just of a Bose parents so the kids can claim caregiver all their tax return.
And so can I still can claim a disability tax credit all the parents side tax return so case.
[27:23] That's helpful because there's a lot of caregivers who are trying to support their loved ones and
you know for whatever way they do it it would be helpful you know to obviously educate our audience how to get some more money to be able to do that because it's very expensive especially as care.
And so you got you guys deal with a lot of different clients I know that you have to have some sort of story but I know that we do you have any stories around the disability tax credit I know we were talking about on the break maybe you could tell our folks a little bit more about that again.
[27:59] I think the last year I helped a f and H to do a read a tax return for 10 years and that is because the mother is disabled,
living with the daughter family so.
The mother didn't realize that my daughter can have it tax credit on caregiver site.
Yeah I prepared that for them and redo the 10 years tax return for the whole family they both get huge refund on that.
Because of these texts the caregiver tax credits and the disability tax credit on those that.
I was going to say what's the like you got to tell me we're going to go to break into two seconds they have to tell me what's the most a crazy amount of money that you guys have gotten back for someone for these credits.
Anything that's been.
Tell me that tell me Z1 yeah so you the crazy web the daughter get the over 10,000 credit refund from the.
That's amazing yeah nice money.
[29:11] But I mean that's found money and it's and it's great because it can go towards so many other things so let's take a break this our shows flying by today so after the break we're going to we're going to discuss a little bit more with Tracy and Sarah well in a couple minutes.
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[29:53] Again just going to jump back in because I just have a lot of questions so Sarah maybe you can talk to us about.
The changing in tax credits like how long do you have to claim to the tax credits and things like that or that you know is there any.
stipulations on all of them are they all different can you tell me a little bit more information about that so I think the rule of the general rule is 10 years right is there anything I'm missing on that know 10 years is the general rule
yeah and it's worth it to go back I mean don't don't feel bad if you have to go back 10 years and you know be honest with yourself here if you've been pulling this pain for 10 years be honest.
Yeah for sure okay so what about protecting your estate so there's something called upon like death taxes I believe it is.
[30:45] I'm not making this very eloquent at all so can you go ahead and make it a little bit cleaner for me can you tell us more about it.
[30:52] So so first we'll start because I know we have
the state's an audience here so I would say for the people in the states and Ontario most closely mimics New York State and I only know that
you work at Delta State,
so death taxes so we call them and this is my joke in Ontario get ready the
estate Administration tax and
the acronym for it that they use is the each tax and it's because it eats away at your estate so I mean the guy gave me a freebie and I had to use it so yes there are death taxes
we don't have inheritance tax so so it's not taxed in the hands of the people who get the money and then probate changed a little bit in January so here we're certified executor advisors so we assist Executives as well
so in January the first 50,000
yeah those January last year so the first 50,000 of estate is now free so no probate on that if you have an estate less than 50,000 they're not really that interested in you they say okay you know file but we don't really care
so that's the goal right if you can get your steak down to that.
[32:17] Point and it sounds well I don't only want to have 50,000 dollars no no you only want to have fifty thousand dollars that the government
because you can you can directly named beneficiaries on your accounts so you can be strategic so
on your tssaa account on your rrsp or if account there a lift you can named beneficiary so you can even your spouse or your children and then.
[32:45] On segregated funds so we deal in those here as so even an Old Testament account just a regular investment account we can named beneficiaries because it falls under the life insurance category right because life insurance is not taxed and is not probative
so there are ways to make your state fall into that category without you know how to eat cat food like you can you can you can do it so they get you there so probate is the 1.5% after that 50,000 that
initial 50,000 whatever's left in a state that you have to claim and Ontario that's going to be taxed and then
and like I mentioned before the Riff money so dying with your ribs are SP money let if the Aurora all of that upon death.
[33:36] His income so let's say somebody passes away
and they have three hundred dollars worth of money in there riff live whatever all together well geez that's the best year you had so we're going to tax you as such in income
so it's not probate that's getting you it's your income tax and so oftentimes were strategizing with people who have pension or dual pensions and have a lot of RSP money
to say okay
let's use this in your lifetime within your marginal tax rate what makes sense and you can take it you can throw it into your tfsa you could buy more life insurance with it you could just straight-up give it to your kids I mean
why not everyone's struggling right now.
[34:25] So so get that kind of going while you're living don't hold on to that money because that's the biggest prize the families have.
And definitely making sure your your assets are set up to transfer properly to your spouse I think that's that's a big thing of the Wayne's taxation.
Tfsa is avoid taxation at death as well so there's lots of ways to do it it's just really hard to do it after you guy so.
[34:57] Fair enough physically it's hard to do after you die and then yeah so weird out after you die but this is why you know we've come,
has many professionals obviously on the show and this is why you use professionals because like most of that stuff I just learned recently myself right and so that's why it's so important to me
T go professionals or seek out professional advice when you're dealing with all the different things because you don't know what you don't know and most of us think we have a on it
but we probably don't like there's probably so much other things that we haven't even looked at but.
Sarah can you tell us for our caregivers in an audience what should they be looking for to be helpful for their senior loved ones you know what can they keep an eye out for.
[35:44] Yeah good question so being helpful for your loved ones I think it's being there for your loved ones is number one and make sure you can resonate
in your experience so having a valid power of attorney not not thinking you can just go in and say well my mom wants me to do this well you know after a 16 it doesn't work.
So you need to get your power of attorney in order and if it's too much for you don't be afraid to split that load with somebody else maybe somebody else is going to be the power of attorney for health because they have a better person for that and then you might be the power of attorney for finances so
remembering that you don't have to do it all because you know you can't really help people when you're burnt out.
Making sure taxes are being actually filed every year it's so that's kind of what big issues down the line and it's way easier if you just have the same person doing your taxes every year
you know diet some point and if you have that same person doing your taxes every year Well upon death they know what's going on with you very easy for them to assist in wrapping everything up and it's way easier on your family way easier
and then getting advice on tax benefits that they might qualify for right that's that's so important taking advantage of everything that's available to you and then silly tax credit medical expenses.
[37:09] Fair enough well I think we could have done 12 shows and we might have to have you ladies back so
I hope that we didn't scare our audience today and I hope that you as an audience feel empowered about your taxation decisions boy Financial
has a lot of information on their website you can find the links that are fully aging with a me.com I want to thank you Sarah and Tracy for so much today and sharing your knowledge I'm sure a lot of people really appreciate that so thanks so much for coming on.
Thank you for your viewing thank you baby.
Awesome after the break we're going to wrap up today's show with some of my personal experience and tips will see you in a couple of minutes on Artful aging with Amy.
[37:50] Welcome back to Artful aging with Amy I'm your host Amy.
I hope that again I hope that this hasn't overwhelmed you really the goal is to arm you with some extra information so that you can then go to your accountants or tax specialist your estate.
and ask those questions and answers because they don't know that they might not know that you're struggling with it and it might be something that you can actually get some tax credits back or some better Direction in your life for.
[38:16] As someone who is currently going through a taxation planning assessment myself.
I know that can be quite overwhelming I can't stress enough the benefit of working with professionals who know all of the ins and outs that can make the process so much smoother,
just getting that extra advice and knowing the path to walk.
Is so much easier even if it's just brief tax assessment like I'm doing just something small it does help quite a bit to have a professional on your side.
[38:46] Have any retirement income and Investments organized will save you so much stress and anxiety.
It's a tip I give to all of my clients to really understand where your money where it's coming from how much you have and a ballpark of how long it will last will help you organize
what you like to do with your senior years and what you can budget for.
[39:08] I know that a lot of people don't like to talk about the possibility of death and you know how long were going to live
but a lot of financial planners use that as a forecasting tool
and we make an estimate along you might live so then they can figure out how long your money will last you so it is advantageous to go through that to really figure out you know where the money's coming from a lot of my folks
you know forget that they own a house that they can sell right if they're looking into retirement living they forget or
not me not really forget but they just don't take it into account and there's a lot of folks that want to see a lot of their money that they've been saving all these years they want to pass it to their family which is a lovely gesture
but I can tell you from my own experience that most families want to make sure that their loved ones.
Are comfortable in their senior years and go to Perhaps Perhaps a retirement home or get home care in or do modifications so that they are actually comfortable and using the money that they have saved it's very difficult for the seniors I work with
to go from a sting for all of their years to a spending in their senior years it's you know it doesn't quite compute for a lot of people.
[40:20] It's important to keep all of your important documents in one place boy Financial has 25 plus list of documents that you should keep together on their website and so everyone should have a look there
there's a link again on Artful aging with Amy and over aging with Amy there's a link for tea and toast and we have a lot of documents one specifically
is a plan or planning tools that you can lay out where everything is for your loved ones.
And it also includes a section on what you'd like to do for your retirement living years so whether you want to go to retirement home long-term care home or or anything in between.
So it's all there for you on next week's show we'll be speaking with a financial advisor
to be discussing ways to make the most of your money throughout your life I thought it would be a good way to do back and back-to-back show so that anybody watching today might be able to get added advice next.
If you've enjoyed Today's Show please give us a like and share the show so other people can find us.
There's a lot of information we share and it's all to make your lives a little bit easier and give you some more interaction.
[41:27] For joining me today on our collegium with a me from me to you I hope you have a wonderful one.
[41:34] You've been listening to Artful aging with host femi,
many folks just like you feel they're alone in their journey and helping a loved one or.
So tune in each week and let a me show you that help is around the corner and it's just one conversation away here on Artful.