After dedicating 33 years to the education system as a middle school teacher, Lisa Sanchez retired from her career. Having meticulously prepared for her retirement over many years, she anticipated that things would go smoothly when she retired.

However, life took an unexpected turn when she found herself responsible for taking charge of her 94-year-old aunt, who had a mental health condition. In this episode, Lisa recounts the challenges she encountered while trying to investigate her aunt’s possessions and determining her eligibility for assistance.

Discover what Lisa had to deal with when she took charge of her aunt’s situation and the duration it took her to streamline her aunt’s finances. Additionally, Lisa reveals why she took it upon herself to take charge of her aunt’s situation and shares her perspective on aging.

Gain valuable insights as Lisa discusses the changes you should consider making as you age, such as downsizing your house, ensuring you have an updated will, and having a healthcare proxy. Moreover, she advocates consolidating all your important information onto one page: bank accounts, investments, insurance policies, contact details of your attorney, and the person who handles your taxes. This ensures that your family will have easy access to all necessary information in the event of your passing.

 

Watch The Full Episode on Youtube: https://youtu.be/5J0re1RXTf0

 

During this episode, you will learn about:

[01:27] Introducing today’s guest, Lisa Sanchez 

[02:21] What Lisa was doing before retirement and how she transitioned into retirement

[03:34] Her aunt’s mental health story

[06:55] The challenges Lisa encountered while attempting to investigate her aunt’s possessions and determine what she qualified for

[09:54] What Lisa had to deal with when she took charge of her aunt’s situation and the duration it took her to streamline her aunt’s finances

[12:04] What does SixPoint mean?

Website: https://sixpointfp.com/

[15:53] Why Lisa took it upon herself to take charge of her aunt’s situation

[17:37] Lisa’s perspective on aging

[19:05] https://sixpointfp.com/

[19:55] What changes could Lisa have made to prepare for this situation if she could go back 5 to 10 years?

[23:07] Action item for the listeners

 

Key Takeaways:

• As a person ages, regardless of who they are, there should be some dignity in the aging process. [17:37]  
• As you age, it’s essential to consider living in a situation appropriate for your age. Downsizing your home is a wise move since your children may not be interested in some of your belongings. [20:11]
• Get everything on one page: Bank accounts, investments, insurance policies, the contact details of your attorney, and the person who does your taxes. This ensures that in the event of your passing, your family will have easy access to all necessary details. [22:40]

 

Book Time with David Pulcini:

• Schedule a Call

 

Connect with David Pulcini:

• info@sixpointfp.com
• SixPoint Financial
• (585) 406-4645
• LinkedIn: David Pulcini
• LinkedIn: SixPoint Financial
• Twitter: SixPoint Financial

• Facebook: SixPoint Financial

View The Full Episode Transcript Here

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