Retirement In Sight for December, 2016

R E T I R E M E N T  I N  S I G H T

Presented by
Michael Fassi, CLU, CHFC
Terri Fassi, CPA, MBA, Certified Divorce Financial Analyst
Website: Financial Educators Network




“Enjoy your own life without comparing it with that of another.”   

– Marquis de Condorcet

Lower the risk of winter falls

Snow, ice, rain: they can all raise the chances of tripping or slipping, so  take precautions. Wear shoes or  boots with deep treads in icy or wet  conditions. Test snow or ice for  slipperiness by tapping your foot on  it. Take short, low steps on wet  pavement – shuffle rather than  stride. If the weather is bad, refrain  from going out alone. Lastly, can  you arrange to have snow and ice removed from the walking surfaces  in front of your house? It may be  well worth the expense.

Sounds The Same
What word starts with BR that with  the addition of the letter E, becomes  another word that sounds the same  as the first but has a different  meaning?*

Soft drinks once contained some rather hard stuff

The original recipe for Coca-Cola  used coca leaves as an ingredient,  which infused the beverage with trace amounts of cocaine. Until   1950, 7-Up contained lithium citrate  – a chemical compound used  to treat bipolar disorder.5

Teamwork Counts for Couples Close to Retirement.

Talking about a few lifestyle and financial matters in the years immediately  before your retirement transition may help you and your spouse find more  happiness in your “second act.”

How close are you to receiving Medicare? Should one or both of you strive to work until age 65? HealthPocket (a tech firm that evaluates health plans)  estimates that the average non-smoking, 60-year-old couple would pay  nearly $18,000 for a silver plan at one of the health care exchanges  (assuming no subsidies). Can you delay filing for Social Security, and time your claims to position yourselves for greater lifetime benefits? If either of you are in line for a pension from your employer, this is the time to weigh the merits of a lump-sum payout that could be invested versus a lifelong income stream.

Are you both going to retire at roughly the same time, or years apart? Have someone run the numbers to show you how those different scenarios might unfold for you in terms of retirement income and retirement spending.  Finally, talk to each other about your typical day in retirement – how you  want to spend your time, and what you want to spend the most time doing.1

Fitness Centers Are Restyling Their Offerings for Boomers &  Seniors. 

Does an 8:00am, high-intensity, aerobic workout seem a little too extreme these days? If it does, take heart – gyms and health clubs are altering their classes to suit a maturing clientele.   

Low-impact yoga, aerial yoga, tai chi, and Zumba are increasingly on the menu, plus dance and aquacize classes. Strength training is popular:  personally tailored workouts of less than an hour make sense for many retirees, built around exercises to condition muscles, bones, ligaments, and tendons. Another oncoming trend appears to be senior discounts – deep  discounts on classes or memberships, sometimes greater than 50%. If you want to stay fit through these classes and other options, talk to your doctor before embarking on an exercise program and find one that fits your style  and schedule. It may save you money; it may even save your life.2,3

According to a study published in JAMA Internal Medicine in November, the rate of dementia in Americans aged 65 and older dipped from 11.6% in 2000 to 8.8% in 2012.4

Mike Fassi may be reached at
Terri Fassi may be reached at
Phone: 800-320-3012 or FAX: 970-416-0087


This material was prepared by MarketingPro, Inc., and does not necessarily represent the views of the presenting party, nor their affiliates. This information has been derived from sources believed to be accurate. The publisher is not engaged in rendering legal, accounting or other professional services. If assistance is needed, the reader is advised to engage the services of a competent professional. This information should not be construed as investment, tax or legal advice and may not be relied on for the purpose of avoiding any Federal tax penalty.

  • TRIVIA ANSWER: Stumped? Contact me for the answer!

1 – [11/16/16]

2 – [12/4/16]

3 – [6/15/16]

4 – [11/21/16]

5 – [8/21/13]


Article Name
Retirement In Sight for December, 2016
Retirement In Sight for December, 2016