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Have you financed your senior years yet?

According to the National Council on Aging, one in three older adults in the U.S. are financially insecure.
While every adult should be saving for retirement, those of us who are nearing retirement age should be reviewing our financial status and looking at what we can do to better position ourselves for what we all hope will be a lengthy golden years period.

The CDC reports the average life expectancy in 2013 as 78.8 years. That means that at age 65 you should expect to be able to finance at least 13 to 14 years on your retirement income.

Annual expenses could include living expenses, medical expenses, food, transportation, health care, insurance, and recreational expenses.  When you compare your estimated annual retirement income to your estimated annual expenses are you comfortable?

Also, to having your finances in order, an estate plan can ensure that you maintain control of your property and finances and determine how your finances and health are managed if you become incapacitated. Financial readiness and financial security are critical to managing your retirement years.

On Saturday, April 2, 2016, from 1 to 4 p.m.Gran Giorno Promotions, LLC, in collaboration with Home Instead Senior Care, will host a seminar for the general public. This three-hour seminar will provide information on estate planning, Medicare and Medicaid, investment options, and reverse mortgage.

The event is free to the public and will be held at Home Instead Senior Care from 1:00 – 4:00 pm at 9817 Godwin Drive in Manassas.

Register online.

Every attendee will receive a gift bag and a chance for a door prize. Light snacks and drinks will also be provided.

Carol Dezorzi owns and operates Gran Giorno Promotions, LLC and is a long-time resident of Prince William County. She hosts events that are designed to cater to the needs of the community.

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