Fishman Financial Services

Whether you are a young senior getting ready to retire or an older senior ready to downsize from your existing home, you need to take stock of where you are and where you need to be.  You need to evaluate your finances and see if your income and portfolio is adequate to keep you in the lifestyle you choose.  In addition, you need to take a close look at your risk management programs.  Now that you are not working, your money needs to be hard at work to produce income for you.  You cannot afford to have that fund whittled down due to long term illnesses.  A close examination of your health care program and  plans for long term care go hand in hand with evaluating your investment strategies. 

In addition, you need to work to have all your estate paperwork including wills, trusts, durable powers of attorney, health care powers of attorney and living wills updated.  It is also recommended that you prepare to care for your caregivers for that time when you might not be able to do it all by yourself.  Be kind to your caregiver and get organized so that person can find the necessary items to be able to step in on your behalf.  We also recommend talking to the person who might be your caregiver (child, other) about your wishes and your finances.  Be sure to get them involved early on so they can understand your style.  Remember your "caregiver" may not have your experience.  We set up joint meetings at our client's request to discuss just these issues. We call it "intergenerational planning".

You will find in this website a place to contact us if you might be that senior or if you might be the caregiver. We can help.  You will also find a factfind form which you can either fill out on your own or fill out on line and send to us.  We invite you for a  FREE CONSULTATION.  Call us at 301 330-9455.  We look forward to meeting you.  Long distance consultations by phone are welcome.