Dear Friends,
If you're a parent, a daughter or son with aging parents or even just getting to 40 -- it's time to start thinking about your retirement years. Why? Because advance planning can protect your wealth and the people you love. This month in our newsletter we'll be looking at aging and some smart moves you can consider -- now. |
Talking about: Aging and Living as a Senior
Notes from Danny Mensh, President |
 This month I wrote an article for TriadLiving magazine about Senior Living. In fact, the entire issue of the upcoming magazine is devoted to life after 65. But what if you're 40 or even 50 and busy with kids and your career -- why should you be interested in articles about seniors? The truth is you really need to start thinking your retirement years long before you actually reach them. In this newsletter we'll be talking about lots of different aspects of preparing for your older years: everything from Assisted Living to Yoga!
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Take our February Poll
"Are you doing a good job preparing for your Senior years?" |
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| Winter 2009 Printable: "Planning for Life as a Senior (when you're not even close to being one)" is now available to download
Find out how to prepare for a successful life as a Senior |
| Our latest Printable is for anyone over 40 who is smart enough to start planning for their senior years -- years before you turn 65. Take 5 minutes to see if you're preparing yourself the right way. You can also forward this pdf to your parents, aunts, uncles or anyone you care about who may need a little push towards planning for retirement.
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The Big Picture - What if you've lost 30% or more of your assets? We recommend you purchase a Term Life Insurance Policy to cover those lost assets for 10 - 20 years until you can regrow your portfolio. |
If you have lost 30% or more of your assets (and you would certainly not be alone) we are recommending that you purchase an equal amount of Term Life Insurance to offset that recent financial loss and protect yourself for the next 10-20 years while you re-establish your portfolio to previous levels. You can structure it so that:
- if you die unexpectedly your family won't lose your home
- your children will still be able to go to college
- your spouse will be able to continue to pay the bills
- the goals that you set for you and your spouse can still happen
Right now just about everyone in their 40's-60's is looking at their projections for future income streams and their retirement funds and they are clearly having to readjust their expectations.
What if you already have a Life Insurance policy? Great. You may just need more Insurance to cover recent financial losses. Call for an insurance review and we can help you make sure your property, assets and plans are covered. Yes, it's hard to come to terms with significant negative changes in your portfolio, but it's now time to make some safe, smart decisions that will protect your family. |
For Business Owners and CEOs
Download our new "2009 Smart Business Guide to Long Term Care Insurance" Kit |
 Long Term Care has become a cutting edge benefit for businesses and corporations. Today many businesses are offering LTC as part of a benefit package for key employees.
Why are more businesses starting to offer Long Term Care insurance. For a lot of reasons really. Most importantly:
1. Employees are asking for it. They realize with the tough economy they may not be able to handle the staggering costs of health care.
2. Caregiving costs your business a lot of money. If you employees are having to take long lunch hours, spend time on the phone, and shuttle aging parents to doctors appointments -- it's hard for them to get their work done. LTC insurance would provide qualified personnel to help with all of these activities.
To find out more about Long Term Care Insurance, click here. |
How are your long range planning skills?
Take our Mini-Quiz! |
1. Are you saving for your Senior years by putting money into a retirement account?
2. Have you bought Long Term Care if you're 40+?
3. Have you spent some time pre-planning your retirement goals?
4. Have you bought Life Insurance?
5. If you have aging parents, have you talked to them about their retirement plan?
6. Do you have an insurance agent that you feel comfortable with?
Let's see how you did:
1-2 "Yes" answers: sounds like you may need to start thinking a little more seriously about your retirement years. If you're in your mid-40s, there's still time to start really focusing on saving money and protecting your assets. But you need to do something now. At Mensh Insurance, we've been helping families for a long time. And we've seen how good planning can help -- and how bad planning can leave people in dire situations financially and emotionally. E-mail Danny and get a plan started today.
3-4 "Yes" answers: you're doing a fairly good job preparing for your Senior years. Sounds like you are working towards your retirement age but you're still missing some very important elements. You could check in with Danny to see what's missing.
5-6 "Yes" answers: you're doing a very good job getting ready for your retirement years -- and that's smart. There are a couple more things you could be doing to protect your income as you age but in general -- good job. |
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Prevention - Keep Your Spine in Mind |
 Studies now show that one of the best ways to keep your body young is to keep your spine young! Stretching exercises, yoga, pilates and dance are 4 types of exercise that are "spine focused" and can help you retain your movement and flexibility as you get older. Many men are trying these forms of exercise -- and loving them. |
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Prevention - Weight Lifting Can Help At Any Age |
 There's a great deal of evidence that weight lifting becomes even more important as you get older. An article on Healthyme.com by Chris Woolston writes, "Muscles tend to weaken with age, and this decline can eventually rob seniors of their active, independent lifestyles." According to the article, weight lifting can results in:
1. Improved walking ability.
2. Ease in performing day-to-day tasks.
3. Prevention of broken bones.
4. Relief from arthritis pain.
5. Rise in metabolism.
6. Better Sleep.
7. Ease mild to moderate depression.
The article also says that, "The American College of Sports Medicine now recommends weight training for all people over 50, and even people well into their 90s can benefit."
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Hope you are staying healthy and well this winter. The good news: spring is on its way! Please let me know if you have any questions about your insurance that I can help you with.
My best to everyone -
Danny Mensh
Mensh Insurance Company
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Contact Info: |
| Phone:
336.631.5503
Fax:
336.631.5504
E-mail:
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