Monday, August 17, 2015

Making a Global Impact

I recently found an article from the 1950’s discussing the many worldwide ministries of our Church.
Methodist Episcopal Church Nurse,
Severance  Union Medical College & Hospital, 
Seoul, South Korea
It was striking to see that many areas of our world have made great progress, yet still need help. The United Methodist Church has made an impact here and around the world in areas such as aid during natural disasters, programs for young and older adults, support for missionaries, starting new churches, and training lay leaders.

The Permanent Fund for The United Methodist Church provides an opportunity to invest in the future of our Church through the most critical ministries that we support as a denomination. It will provide support for vital ministries of The United Methodist Church far into the future. As United Methodists, we support our local church, however, there is an entire network provided throughout The United Methodist Church that supports ministries in your local church, in your area, in the United States, and around the world.

The United Methodist Church is promoting The Permanent Fund through the name UMC global
impact to express that your gifts to The Permanent Fund truly do make an impact in the United States and around the world.

Please consider the many areas of our Church ministry that hold interest for your family.  As you support your local Church through your Will and estate plan, consider making a contribution to The United Methodist Church’s ministries in your area and around the world through The Permanent Fund.

Wednesday, August 12, 2015

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Wednesday, August 5, 2015

Can moving be a good retirement strategy?

Eric Kingson, retirement expert from Syracuse University Aging Studies Institute, was recently asked about moving as a strategy for retirement.

He stated that increasingly, older people are living on tighter incomes. The golden age of aging -- when retirees could count on pensions and other sources of income like interest income on savings -- that's changed. And many older people are either in economic difficulties or just one shock away, meaning the loss of a spouse or an illness, from major financial difficulties. That really describes more than half of seniors today. So it's not surprising that people are looking for environments that might save them in the long run.

When asked if there were financial advantages to moving, Kingson mentioned that it depends on where you are in your age and your health, and your reason for moving to be near family. A lot of us who are in our early 60s or early 70s want to be near our grandchildren and near our children, and so that's a very normal human instinct and a good one.

Some of us want to move to places like Florida or Arizona to more comfortable climates and less expensive settings. But then, after 15 or 20 years, there's a lot of movement from those areas back to where family members live for health reasons. That's a strong financial argument to be made for having family as caregivers.

One way to consider a retirement move is to find a central location that might have the climate advantage that you are seeking, while also being close enough to family for those times when they might be needed. The “half-backs” have become a popular trend. This refers to folks that move to Florida with family in Ohio, and then move to Tennessee or North Carolina to be “half-way-back” to their family.

A move is never easy, but it might meet your needs at a stage in your life when you are ready for a change of pace, or just a change of scenery. The important thing to remember is that any move should be financially advantageous, and should not come at the expense of your savings. We all fall in love with those nice communities on HGTV, but affordability should be the deciding factor. You worked hard during your career to attain a comfortable life, just make sure that that comfortable status extends to your later years and is practical for you and those that will be assisting you in the future.