November 13, 2019
Do you know where your parents keep all the information you would need in case of an emergency? Here are 10 questions to ask your parents just in case you (or other family members) ever need it:
- Where do you keep your important information, in case I need to find it in an emergency?
- Where can I find a list of your key contacts?
- How are your accounts registered?
- Do you have an up to date will?
- Have you Designated a Power of Attorney?
- Do you have a Health Care Proxy?
- Do you have a living will or an advance health care directive?
- How can I access your electronic assets in an emergency?
- How do you want to disposition your personal Items?
- Have you documented your final wishes?
The Compass Catholic blog has more details about what to ask and why it’s so important to know where this information is kept.
September 25, 2019
Have you ever gotten a phone call from your own phone number? There are any number of ways people hide their true identity in an effort to scam you. They may want your money or your personal information but they are persistent in trying to get you to give them what they want.
We have suggestions for how to avoid being scammed by being smart about who you talk to, what information you share, and how you can protect the information the scammers want the most.
The Compass Catholic blog has additional ideas about avoiding scams.
August 28, 2019
When people retire, many times the goal is to simply stop working. As our lifespan increases, retirement can be a time of great fulfillment if you plan well. Not planning for retirement may result in a dead end feeling when you no longer have a reason to get out of bed every morning.
Finding a passion to use your talents and skills in serving others can result in a fulfilling lifestyle and a feeling of accomplishment during this season of life.
The retirement years can be one third of your adult life. What are your plans for loving retirement? The Compass Catholic blog has more about planning for happy, fulfilling retirement years.
One step in planning is to be financially prepared. Check out our retirement calculators to review your financial readiness.
March 20, 2019
We rarely think about the end of life issues or what would happen if we became incapacitated due to illness or accident. What a blessing it would be to your family in this situation if all the important information they would need was up to date, organized and easy to locate.
Check out the Compass Catholic Bible study, Set Your House in Order. It’s a 5-week small group study which walks you through the process of getting all your important information created, updated and organized. There is no better gift you can give your family.
Our blog has more on this topic.
March 13, 2019
When people retire, many times the goal is to simply stop working. As our lifespan increases, retirement can be a time of great fulfillment by planning well in the following areas:
- Talk to your spouse to develop a joint plan for retirement.
- Use a budget before retiring to manage your income and spending in retirement.
- Ditch the debt so you can be debt free when you retire.
- Find a passion to use your talents and skills in serving others.
Retirement can be the most fulfilling time of your life if you plan to make it so.
The Compass Catholic blog has more thoughts on retiring well.
Check out our retirement calculators as part of your planning process.
January 30, 2019
A 2017 study from CreditCards.com found that 74% of parents reported helping adult kids with expenses and debt. But once your child is an adult, there is a difference between lending a hand and providing them with a lifestyle they can’t afford.
For more on this topic, join us on the Compass Catholic blog if you are supporting your adult child financially.
December 19, 2018
Christmas Day is fast approaching. Don’t get so caught up in the busyness that you forget what the day is all about. Join us for thoughts on how to make conscious plans for a Christmas day you will enjoy. The Compass Catholic blog has more suggestions on this topic.
October 10, 2018
Social security is only supposed to supplement your retirement income. It is not designed to provide your entire retirement income, so you need to save for retirement in a big way.
It’s up to each one of us to stop relying on the government to take care of us in retirement.
Join us for a discussion about Social Security and read the Compass Catholic blog for more about how secure Social Security really is.
July 25, 2018
Planning for retirement can be a fun time as you prepare for a new season of life. It can also be a time of many financial decisions which will have long term impacts. Making the wrong decision about your 401K can jeopardize your financial stability, so make this decision very carefully with lots of pre-planning.
Join us as we talk about the decisions to consider.
The Compass Catholic blog has additional information about retirement planning.
March 28, 2018
Whether you are a senior citizen or trying to help one, there are all kinds of financial agreements that may take advantage of vulnerable, trusting seniors. The most likely are reverse mortgages, no interest loans and unauthorized charges.
The Consumer Financial Protection Bureau (CFPB) provides resources for older adults as well as their care givers (Managing Someone Else’s Money).
Listen in and check out our blog to learn more about how you can help seniors avoid financial situations that are not in their best interest.