Retirement

Best Jobs for Seniors

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When you're retired, you may not know what to do with all of the free time on your hands. This can be especially challenging for seniors who are active and want to get out and do something! Some seniors want something extra to do, while others would like a bit of extra income. No matter what you're looking for, there's a place for seniors in the workplace to stay involved, active and mentally stimulated. Here are some of the best jobs for seniors.

Hotel Concierge

If you're a people person and are familiar with your area, a hotel concierge might be the perfect job for you. This is a great job for seniors who wish to interact with guests, showing them all that there is to do in town, while in a comfortable environment. There's no heavy lifting or high impact tasks here...just fulfillment in helping guests choose the following:

 

·       Restaurants

·       Entertainment

·       Activities

·       Tours

·       Events

 

If you're looking to stay involved and active, a hotel concierge position might just be the job for you. You get to interact with people and have fun helping out!

Pet Sitter or Dog Walker

If you're still quite mobile this might be a very rewarding and fun job. Many seniors turn to pet sitting or dog walking to keep them up and active, and it's a perfect job for animal lovers. This is a great opportunity to either work for yourself or get involved with a company that provides these services. Work as much or as little as you wish, and care for animals at the same time. What could be better?

Volunteering

Do you have a cause or organization that you're passionate about? If you're not looking to make extra income, but are looking to stay involved, volunteering might be for you. You can volunteer at many places, including local food banks or animal shelters, lending a hand to those in need. A helping hand is always appreciated at various charities and non-profits, making this a rewarding job for many seniors.

Retail

The holidays are perfect for seniors who want to stay busy. Many retailers are looking for extra help this time of the year, and seniors can make the perfect gift wrappers, and greeters. It's a fun time to get involved and put smiles on faces, and many seniors opt for retail jobs both seasonally and permanently.

Seniors Staying Active

Being a senior is an exciting time. All of your hard work over the years, whether it be in the home, work place or both has paid off and you're able to retire peacefully. It doesn't mean that you still can't be involved in the community! Get and stay active with a job that is rewarding to you. Help people, help yourself and spread joy while you get involved!

Local Senior Move Management Company Announces Growing Number of Retired Military, Police and Teachers on Staff

Union, KY, September 5th, 2018-- Full service senior move management company, reSettled Life has shown a growing number of retirees in the military, police and education sectors as part of their organization. Assisting with the transition of seniors, aged 55 and over, reSettled Life aids residents in the Northern Kentucky/Cincinnati area with downsizing, floor planning, packing and resettling into their new homes.

reSettled Life employs a number of retired police officers, military personnel and teachers who wish to assist clients in transitioning into their new lives. Not only do these helpful individuals get to help others, they also get the chance to get back into the workforce, and reSettled Life helps to make the work/life balance a fulfilling experience. This fully customizeable senior move management company takes care of every detail from packing and moving to unpacking and resettling clients into condos, smaller homes and senior living facilities.

Founded by Amy Wright, reSettled Life (www.resettledlife.com) takes the stress and worry out of downsizing and relocating seniors to new homes or facilities. The experts at reSettled Life pack a client's belongings, transition them to a new home and unpack completely. From hanging pictures on the wall to organizing the space down to the last detail, these experts lend a helping hand to those who need it during this time of transition. reSettled Life also holds online auctions of items from the estate, helping to leave the client's home completely cleared out and ready for the next owner.

Wright speaks about the importance of having these helpful retirees on staff and the benefits they bring to the organization.

“Our staff, primarily the retirees, have helped people their entire lives, and many have gone through this transition themselves, making them such an asset to our team. Our clients need people who will help them through this stressful time with a smile on their face and our retired staff members do just that. I am amazed and humbled at what we do for our clients and I am truly looking forward to what we're going to accomplish together in the future,” she says.

About reSettled Life

A member of the National Association of Senior Move Managers (NASMM), reSettled Life got its start by Amy Wright, who realized the need for this unique type of moving service in the Northern Kentucky/Cincinnati area. Assisting clients who are 55 and older, the reSettled Life team helps these clients relocate and downsize into smaller homes, condos or senior care facilities, aiding in packing, moving, unpacking, auctioning off items from the estate and more. reSettled Life's mission is to be there for their clients, taking the worry out of senior transitions.

For more information about reSettled Life, please call (859) 663-1713, email info@resettledlife.com  or visit www.resettledlife.com.

Contact

Amy Wright

(859) 663-1713

amy@resettledlife.com

 

Ways to Pay for Long-Term Care

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One of the biggest factors to consider when you or a loved one requires long-term care is how to pay for it. Long-term care is unfortunately quite costly and can easily use up retirement savings, especially if it is needed for a long period of time.

According to Stephen Wright, a Certified Financial Planner® with MCF Advisors, “The best way to fund senior care depends on each individual situation. The most common ways to pay for senior care are either from your personal income sources (Social Security and/or pension income) savings, long-term care insurance, or Medicaid.  Many individuals utilize a combination of these sources to pay for care.”

While this subject should be discussed with a financial expert before making a decision, the following is a brief description of each of these options.

Social Security/Pension

If you have paid Social Security taxes and fulfilled the requirements, you should be eligible for Social Security when you retire. If you don’t qualify for your own benefits for whatever reason and are widowed, you may be able to use your spouse’s benefits.

Pension plans are becoming few and far between, but if you are fortunate enough to be collecting a pension, you can use these funds to help pay for long-term care. With the average monthly cost for assisted living in Cincinnati around $3,500, and a private room in a skilled nursing care facility around $7,400, Social Security or pension income may not be enough to cover the entire expense, which is why people often end up using more than one income source.

Retirement Savings

With the reduction in pensions being given by employers, most employees are funding their own retirements through 401(k) plans, IRAs, or other savings and investment plans. Because this is your own money, after you reach a certain age, you can use this money for whatever you want, including long-term care. If you have money saved in a health savings account (HSA), long-term care is a qualified medical expense and can be paid for out of your account.

Long-Term Care Insurance

Long-term care insurance is a much-debated and complicated topic. Like life insurance, which has a main purpose of covering expenses when you pass, long-term care insurance is designed to cover the cost of in-home care, assisted living, or skilled nursing care. If for whatever reason you do not end up needing long-term care, the policy remains unused and the premiums you paid are not recoverable. However, if you do require long-term care, having this type of insurance can keep you from spending all of your retirement income to pay for it.

To help eliminate this use-it-or-lose-it stipulation, long-term care coverage can be combined with life insurance in the form of a rider. Depending on the amount of coverage to choose, a certain percentage of that coverage can go toward long-term care costs each month. The money not used for long-term care, whether you use some or none of it, is still available to your life insurance beneficiaries when you pass.

As we mentioned before, long-term care insurance is very complex and the options seem limitless, so it is best to speak to a professional when determining what, if any, type of long-term care insurance is right for you.

Medicaid

Most people view Medicaid as a last resort when it comes to long-term care, and with good reason. To have Medicaid cover your costs, you essentially have to prove you do not have the means to pay for it yourself, and the government decides how much of your income it will take and how much you can keep. If you have a spouse who counts on your income and is still able to live independently, they will be able to keep a portion of it, but the rest will go to the government.

That being said, many qualified long-term care facilities accept Medicaid, and if you have exhausted your other resources, it can certainly provide the care you need.

While these are the four most common ways to pay for long-term care, there are others, including trusts, annuities, and reverse mortgages. Before you find yourself in a situation where this type of care is required for a loved one or yourself, take the time to review your options so you aren’t stuck making a last-minute decision.