Although saving money is an excellent strategy at any age, it's imperative for seniors facing financial issues and worrying about their income. If you start to find that you don't get as much money as you need monthly, then it might be time to find new ways to stretch your finances or look for help.
As a licensed Fiduciary I’ve seen and administered many Trusts and have experienced first-hand the disappointment of beneficiaries (usually adult children) when they learn that the Trust doesn’t accurately reflect their current family situation or excluded important assets. By reviewing your Trust on a regular basis you can ensure that your wishes are appropriately and accurately represented.
Although saving money is an excellent strategy at any age, it's imperative for seniors facing financial issues and worrying about their income. If you start to find that you don't get as much money as you need monthly, then it might be time to find new ways to stretch your finances or look for help.
