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Resources for Your Reference

We have so much to talk about

Everybody has different priorities, so let's discuss what's top of mind for you today.

Credit Basics:

• Use the budgeting tool in the RightCapital software to keep track of your spending.
• Build your emergency savings. Start from where you are today. Make a plan.
• If you are not applying for credit soon, freeze it for protection.
  • https://www.experian.com/freeze/center.html
  • https://www.equifax.com/personal/credit-report-services/credit-freeze/
  • https://www.transunion.com/credit-freeze?atvy=%7B%22173185%22%3A%22Experience+B+-+New+Visitors%22%7D

Retirement Savings Basics:

• What does an ideal retirement look like for you? Take 2-3 minutes to imagine what a day in your life might look like.
  • Where do you live?
  • If money weren't a concern, how would you spend your time?
  • What relationships or experiences matter most?
• Create your online account with the Social Security Administration at https://www.ssa.gov/
• Use the budgeting tool in the RightCapital software to keep track of your spending.
• What is the difference between your budget and your projected Social Security benefit? That is your "gap" that your retirement savings will cover. You can change the assumed default numbers with this easy calculator at https://www.nerdwallet.com/calculator/retirement-calculator  by selecting "Advanced Details."
  
• Watch a video, "What is Your Target Savings Rate?" based on the "National Savings Rates Guidelines for Individuals"
• Estimate your Life Expectancy
  • https://www.blueprintincome.com/tools/life-expectancy-calculator-how-long-will-i-live/
  • https://apps.bluezones.com/en/vitality
  • https://www.livingto100.com/

College Savings Basics:

• How much will college cost? https://bigfuture.collegeboard.org/pay-for-college/get-started
• Estimate the aid you might receive at https://studentaid.gov/aid-estimator/
• Learn about 529 plans at https://www.collegesavings.org/what-is-529
• Use calculators to estimate tax savings https://www.morningstar.com/personal-finance/529-plan-calculator-estimate-your-federal-state-tax-benefits

Taxes:

• Are you a business owner that started a new retirement plan. We built a calculator on our website for you to calculate the tax credits available. Speak to your tax advisor, https://castlerockpep.com/employer-resources
• What about inherited IRAs? https://www.morningstar.com/personal-finance/inherited-iras-what-know-about-taxes-rmds-more

Retirement Basics:

• What's something new you've always wanted to try but didn't have the time for?
• What Would Your Younger Self Tell You About Your Best Future Self?
• What activities or experiences have brought you the most joy—and how can you bring more of that into your life now?
• How about filling out the "Rating Your Life Values Worksheet"
• If you could share one piece of wisdom or legacy with the next generation, what would it be?
• What do you want to be remembered for, and what small steps can you take toward that today?
• Consider filling out "Legacy Lifeprint" from Kathleen Rehl to share your values, hopes, dreams, memories
  and more with family and friends as your lasting legacy of love.
• Watch some educational videos about retirement income:
  • "Retirement Paycheck Income Solutions"
  • "How do I Create Monthly Income in Retirement?"

Estate Planning Basics:

• Draft a free will at https://www.willscenter.com/
• Draft your Healthcare Power of Attorney (Living Will) at https://www.fivewishes.org/
• COLORADO Only:  Print your MOST form on neon green paper and stick it on your fridge for emergency personnel, https://civhc.org/wp-content/uploads/2018/10/MOST-Form-2018.pdf
• Own a home and want to keep it out of probate? Consider filing a Beneficiary Deed, https://eforms.com/deeds/co/beneficiary-deed-transfer-on-death/