The importance of a Certified Senior Advisor®️

The senior community is growing at an incredibly fast clip and the technology that runs our every day life is growing just as quickly.  The rub – the accessibility and understanding of today’s paperless accounting and online management has created a vast divide between technology and user.

“Research has also shown that even cognitively normal people may reach a point where financial decision-making becomes more challenging.” (NYT, Bernard)  Making daily decisions about bills to be paid, marketing offers that pop up in snail mail and e-mail, the landmine of Medicare options and home management create stress and chip away at self-confidence.  The Center For Retirement Research at Boston College ran a study with startling results regarding one’s ability to understand credit card balance transfer offers for new cardholders.  Essentially, this study tracked how long it would take the subject to uncover the hidden loophole on how the lower APR would be applied.  They called this the “Eureka Moment”.

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The startling results are that the “Eureka Moment” comes at the same time for the 18-24 year old group as the 65+ group.

Retirement years should be filled with the reward of relaxation and earned leisure.  Instead, many seniors find themselves carving out significant hours to manage their cash flow, research healthcare and analyze the mountain of mail and paperwork that accumulates on their dining room table.  Not wanting to trouble family or friends and most importantly, not jeopardize their autonomy, most don’t raise their hand to seek advice.

This is where a Certified Senior Advisor® comes in.  A professional that is trained and accredited in understanding and navigating the daily life of a senior.  Helping clients transverse the intersection of financial security, personal independence, the ever changing healthcare landscape and most importantly, maintaining respect for the individual.  A Certified Senior Advisor® works alongside their client to insure that their wishes are followed to a T.  It really is that simple.

Money Management – Monitoring the household budget and cash flow is running efficiently

Healthcare claims & enrollments – Insuring that your benefits are being maximized to fit your healthcare needs

Taxes & Portfolio – Creating ease around the functions of tax prep, end of year distributions and charitable giving

Household – Assisting or managing projects to make your house work better for your needs

At Senior Checks & Balances, our mission encompasses a wide holistic approach that creates safety around household & finance, as well as nurtures independence and individual empowerment.

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