Arthritis Pain Control for Senior Citizens

Arthritis Pain Control for Senior Citizens

Topics on Tap in Arthritis Pain Control for Senior Citizens:

Arthritis Pain Control for Senior Citizens
  1. Arthritis Pain Belongs to The Person
  2. Unfortunately Drugs Come With Baggage
  3. Over The Counter Drugs Can Help
  4. Homeopathic Arthritis Pain Relief
  5. Drug Free Forms of Arthritis Pain Control
  6. Final Thoughts on What Else to Watch For

Arthritis Pain Control for Senior Citizens

Arthritis pain control for senior citizens comes in all shapes and sizes. The kicker, as you might guess, is you want one that is tailored for your specific pain and arthritis symptoms. And it is a well known fact senior citizens experience arthritis pain.

And keep in mind, the degree of pain is determined by the degree a person’s body parts are afflicted by arthritis.

Quite naturally people will say they want relief from arthritis. What they are really saying is they would love to find some relief from the pain arthritis is causing. They blend the two as if they were one. They are not one.

Some people will ask for a cure for their arthritis pain. And unfortunately, there are no known cures for arthritis as of this date. So they should actually articulate they want arthritis pain relief. 

That request is more directly in line with what their true demand is. On the other hand nobody can blame people for blending the affliction with its inherent pain and asking for relief.

Arthritis Pain is Specific to The Individual

By no means is all arthritis pain equal. Fortunately in today’s medical environment many cases find relief in the doctor’s office. Or even on the pharmacy’s shelf.

Unfortunately since not all arthritis pains are equal it means not all arthritis pain control will produce the desired results.

To clarify real quickly by in the “Dr’s office” I mean the Dr can prescribe relief for patients with small to medium pain levels. Not even today’s drugs will cure anyone’s arthritis, but they will provide relief. And most people know there are several medications available for arthritis pain relief. 

On top of that I’m sure we can agree most are safe. I’m sure we can agree again that a number of medications on this planet are not completely free of side effects. As sad as it may be, they can be helpful depending on an individuals situation.

For example, if I have terminal cancer I don’t care about side effects when it comes to pain relief. A little off the mark in relation to arthritis pain but I think you see what I’m saying. Circumstance always plays a major role in making those types of decisions.

And that brings us smack dab into the middle of my next topic.

Unfortunately Drugs Come With Baggage

This baggage comes in the form of side effects. Side effects in some drugs can include death. Drugs also have an inherent negative in that as a person uses them the body builds up a tolerance. Hence the patient requires bigger and bigger doses to get the same relief. 

Because gaining a tolerance means the drugs can’t do what they were doing when you first started taking them. Given this is true rational people want to know how to approach getting the proper pain relief without the baggage.

No one wants to have tolerance and side effect problems. 

The first thought that comes to mind is if you’re suffering from mild or occasional pain, coupling rest with cold or hot packs is all you really need..

If you’re taking a drug(s) to control arthritis pain, you’re wise in staying on top of your dosage. And even wiser for monitoring your body.

Certainly don’t be hesitant about talking to your doctor if you notice anything you consider to be out of the ordinary. And I do mean anything out of the ordinary. 

Over The Counter Drugs, aka OTC Might Help

Most people are familiar with the term over-the-counter or OTC drugs. OTC medications are available at any drug store in the country. You don’t need a prescription. You only need the proper amount of cash to pay for them.

And maybe you need to be 18 years old. I don’t think so, but it sounds possible and I can’t remember.

TV ads tell us that acetaminophen and aspirin will relieve our pain and inflammation. All we have to do is make a trip to our favorite drug store and buy a bottle. As long we take as directed, we will be pain free and have happy lives.

That may be the case but unfortunately even OTC drugs like their prescription counterparts have side effects. The first one that comes to mind is the doesn’t always work as advertised.

Therefore if or when the pain persists, consult your doctor immediately.

Never, and I mean never, ignore severe and prolonged arthritis pain.

All Natural Homeopathic Arthritis Pain Relief

Another popular remedy is the all natural homeopathic means. Included in this remedy are herbs and nutritional ingredients. Herbs, or herbal remedy, is considered by many to be “the first medicine”.

This is borne out because many herbs have been in use since Biblical times.

Because many of these herbs were to ease pain and help with many other conditions. In many cultures, herbal medicine is the only medicine. And if helps you get some arthritis pain control than I suggest you go with that.

The homeopathic factor triggers your body’s natural pain relief mechanisms. It is the faster-acting part of the formula and is responsible for what many people experience as “instant relief”.

Of course homeopathic remedies have drawbacks as well. Although rare, some people cannot use the products as they produce side effects. So if you decide on a homeopathic remedy, monitor your body the same as if you were on prescription drugs.

Remember, it is your body and you want safe and effective pain relief.

Drug Free Forms of Arthritis Pain Control

Believe it or not, if you simply rest the painful joint you can get a lot of relief. Because just resting a joint can help it a lot.

If that doesn’t provide enough relief try applying cold packs to relieve the pain. You can also try using hot packs to ease stiff and achy joints or muscles.

Hopefully you just discovered the remedy that will work for you each time a symptom rears its ugly head. Simply put another way, basic self medication technique is your pain relief program.

Arthritis pain control certainly is possible. On the other hand, nobody said it would be easy to find the pain control regimen that is right for you the first time. Because it may take several tries. But at least you know pain relief exists.

And this is actually a giant step for mankind. And a giant arthritic pain control step for mankind. 

Final Thoughts on What Else to Watch For

Generally speaking you may have over treated or under treated yourself. Both are real possibilities given the universal dosage recommended on the label isn’t really a one size fits all remedy.

Subsequently, if you are in that category, talk with your doctor.

I might sound like a broken record but it’s worth repeating myself. Never, and I mean never, ignore severe and prolonged arthritis pain.

Prolonged pain may mean you have joint damage requiring daily medication. Obviously your self prescribed dosage or choice of medications is not fulfilling your pain relief requirement.

Some people focus only on the pain and not on ways to relieve their pain. And then the result is almost always a negative effect on a person’s mood. Moreover the inherent hazard is you allow your pain to not only become worse but harder to manage.

Wrap your total consciousness around the fact you are experiencing pain and you want relief. Above all make it a zen experience. And let your mind interact with your doctor’s prescription. Or your new found OTC medication.



Senior Outreach Ministries achieves it’s objectives with the capital we’ve either earned or received from donors. The Proud 2 B A Senior Ribbon for example. Donate $5, get a ribbon and help us help a hungry Senior Citizen in need. All proceeds remain in the Ministries to be used per our mission statement. We are a volunteer church. No one receives a salary or wage. Please help us help less fortunate hungry Seniors. We never have and never will ask the government for grants, funds or hand outs. Thank You in advance.

**DISCLAIMER**

Senior Outreach Ministries makes no warranty, representation, or guarantee regarding the information contained herein or the suitability of any products and/or services for any particular purpose. Any performance specifications are believed to be reliable but are not verified. Buyer must conduct and complete all performance and other testing of the products and/or services, alone and together with, or installed in, any end-products and/or services. Buyer shall not rely on any data and performance specifications or parameters provided by Senior Outreach Ministries. It is the Buyer’s responsibility to independently determine suitability of any products and/or services and to test and verify the same. Senior Outreach Ministries does not assume any liability whatsoever arising out of the application or use of any product or service. And in the name of full disclosure one should assume any ad they click on or purchase they make will provide us with a small fee. This is not added to the purchase price of any item or service you purchase. It is however one of the ways we fund the help we provide to seniors and their caregivers. Any recipients of our help as well as our staff thank you and appreciate you greatly.

Senior Outreach Ministries makes no warranty, representation, or guarantee regarding the information contained herein or the suitability of any products and/or services for any particular purpose. Any performance specifications are believed to be reliable but are not verified. Buyer must conduct and complete all performance and other testing of the products and/or services, alone and together with, or installed in, any end-products and/or services. Buyer shall not rely on any data and performance specifications or parameters provided by Senior Outreach Ministries. It is the Buyer’s responsibility to independently determine suitability of any products and/or services and to test and verify the same. Senior Outreach Ministries does not assume any liability whatsoever arising out of the application or use of any product or service. And in the name of full disclosure one should assume any ad they click on or purchase they make will provide us with a small fee. This is not added to the purchase price of any item or service you purchase. It is however one of the ways we fund the help we provide to seniors and their caregivers. Any recipients of our help as well as our staff thank you and appreciate you greatly.

Bartering as a Second Income

Bartering as a Second Income

Topics Espoused in Bartering as a 2nd Income:

Bartering as a Second Income
  1. Bartering – as Defined by the IRS
  2. More On Exchanging Money
  3. A Second Income Is Possible
  4. Bartering Creates The Income
  5. The Internet and Barter Clubs
  6. Barter Could Enhance Your Life

Bartering as a 2nd Income

Bartering as a second income is a neat concept as far as I’m concerned. You and I can both agree once upon a time people bartered way more than they made purchases.

Bartering is defined in the dictionary as, “trading goods or services without the exchange of money”.

The important part of the definition is, “without the exchange of money”.

Just so you are aware there are some hucksters in the world who claim bartering is income tax free. They propound information making you think the IRS doesn’t recognize bartering as a taxable event. Not true. Not true.

You can believe if an event like your death is taxable to the IRS, there ain’t much that’s tax free.

In fact, the IRS has an opinion on every act of commerce. You can read their opinion in the Publications they publish. I will get into that in a moment. You can earn a second income from bartering just please don’t fall for the totally incorrect and misleading narrative saying barter is a tax free event.

Note: Before we go any further please be advised everything in this article is for information only. Nothing is intended to be tax or legal advice. Always, and I mean always, consult with knowledgeable, competent professionals.

Bartering – At least as the IRS Defines It

This definition was copied from IRS Publication 525 (2019) page 20. You can download your very own personal copy simply by going to irs.gov. It’s that easy. By the way, this publication is 37 pages long and covers everything from barter to life insurance.

Here’s their definition:

“Bartering is an exchange of property or serv-ices.”

What They Say About Barter Income:

“You must include in your income, at the time received, the FMV of property or services you receive in bartering. If you exchange serv-ices with another person and you both have agreed ahead of time on the value of the serv-ices, that value will be accepted as FMV unless the value can be shown to be otherwise.”

FMV stands for Fair Market Value. I did not copy any of the examples they listed. My thought theology was anyone interested enough in bartering would download a copy of this publication and read the pertinent section. It happens to be the first topic covered under the Section Heading: Miscellaneous Income.

Enough of the IRS. I thought it was important enough to tell you what they say. So you don’t get caught up in one of the many “barter” scams floating around the web. Now onto the meat of the topic.  

We’re Not Done With Exchanging Money

Without exchanging money means you did not receive nor did you pay money. This kind of exchange can be very profitable if you work it right. One more time. Working it right DOES NOT mean tax avoidance. Enough said.

Bartering is what the old horse trading was about. One guy trades another guy his horse for something he wants. It is an even exchange meaning both recognize they receive value for their traded item(s).

It could work out just fine in other scenarios too. For example, party 1 trades a horse and party 2 trades mechanical work on the first party’s tractor. As long as the parties involved feel like they got something of equal or better value.

On the other hand, there may be trouble if one of the parties involved thinks he received an item of lesser value. But that’s not what this article was intended to examine. So we’re going to move on and forget about the guy who might think he got “barter burned”.

Moving along, bartering is as old as man. Or at least some men, namely, the guy writing this article. Hehehehehe, I do enjoy poking fun at myself.

I can’t fathom what Neanderthals traded but you know it was something. Maybe a dinosaur leg for an elephant tusk. Or maybe it was clubs, and not of the golf kind. Who knows, right?

A Second Income Is Always Possible

Given this is true, it is possible to create a second income from bartering. The reason is simple. Not everybody wants, or knows how, to barter. They would rather pay cash for the desired item.

You can see proof of that every day. Simply walk into any retail outlet and what do you see but shelves stocked with goods. People put those goods into carts and go to something called a cash register. The clerk scans the items and the person pays. Unless there’s more items behind the milk. Then obviously the clerk finishes scanning the rest of the items first. And then the person pays with either cash or card, or possibly writes a check.

That’s not very likely this day and age but I’m getting sidetracked again. My point is no one stands there and tries to barter a figurine they created for that gallon of milk. Because that won’t work and we know it.

I’m sure you’ll recognize another scenario I call “Unintended Bartering”. Unintended bartering occurs when party a has to give items to party b to pay off a debt. And that’s kind of like creating a second income. Okay, no it’s not. But we had fun, right?

I’ll bet you are wondering, “Where does the second income enter the picture?”. After all, you too take your cart to the checkout line and pay.

So before you have to say, “Show me the money!”, I’ll just go ahead and do that very thing.

The Art of Bartering Creates The Income

You can massage your bartering skills in any number of ways but this article will consider only two of them. First, you barter for an item and a customer or friend wants the item but doesn’t want to barter.

You now are faced with a choice. Keep it or sell it. Being the astute business person you are, you sell it for its fair market value. Its fair market value, as you know, is above its barter value.

You have just created a win-win situation for you and your customer. The customer received the product and you received cash. And cash is still a good commodity to have in your possession no matter what the circumstances.

If you are a business owner, bartering lets you stretch your cash. Instead of paying for advertising, for example, you barter one or more of your products in return for the advertising.

These may seem like simple everyday activities that anyone can do. Not true. We’ve been groomed since we were children to put the items in the cart and queue at the checkout stand.

You have to be willing to step out of the mold and experiment. If you don’t try you won’t know if you can, or even want, to do it. What can it hurt? How much can it cost? The answer is nothing if you find it unpleasant or not worth your time.

Subsequently, you just move on and forget about it if you didn’t like it.

Barter Clubs are Even on The Internet

In this day and age, the Internet seems to be a great source for barter activity. There are online barter clubs just as there are offline barter clubs. While the nitty gritty details may be different, the principle is the same.

Bartering, by definition, does not change because the medium changes. It remains the trading of goods and/or services without the exchange of money. More often than not that is a good point for all barterers.

In my humble opinion, the without the exchange of money part deserves a bit more clarification.

Allow me to elucidate, it means money isn’t the main item exchanged in the transaction. Money could still very well be a part, albeit a small part, of the transaction.

On the other side of the coin money can also be a bigger part of the transaction too. As long as it isn’t the only item, offered up by one of the parties involved. Or even the majority of the value on one of the barterer’s part.

Because then it becomes a purchase. And that is something I am sure everyone who reads this article is quite familiar with.

Bartering Could Enhance Your or Someone Else’s Life

The beauty of being known as a person who will barter is it opens doors that otherwise may have remained closed. You see, a person who might prefer barter but is too timid to say so, will now open up to you.

This increases your opportunities to further develop your bartering skills into a healthy second income. Above all that is a good thing. No one I know would walk away from making extra money.

Moreover making money is certainly important as it buys us food, shelter and goodies. Barter may be the key that takes the shy person out of their shell and lets them blossom.

And I don’t actually know that for sure. But I’d bet my wife’s vacuum cleaner that it has the possibility to be the fuel they need to be more socially adept.



Senior Outreach Ministries achieves it’s objectives with the capital we’ve either earned or received from donors. The Proud 2 B A Senior Ribbon for example. Donate $5, get a ribbon and help us help a hungry Senior Citizen in need. All proceeds remain in the Ministries to be used per our mission statement. We are a volunteer church. No one receives a salary or wage. Please help us help less fortunate hungry Seniors. We never have and never will ask the government for grants, funds or hand outs. Thank You in advance.

**DISCLAIMER**

Senior Outreach Ministries makes no warranty, representation, or guarantee regarding the information contained herein or the suitability of any products and/or services for any particular purpose. Any performance specifications are believed to be reliable but are not verified. Buyer must conduct and complete all performance and other testing of the products and/or services, alone and together with, or installed in, any end-products and/or services. Buyer shall not rely on any data and performance specifications or parameters provided by Senior Outreach Ministries. It is the Buyer’s responsibility to independently determine suitability of any products and/or services and to test and verify the same. Senior Outreach Ministries does not assume any liability whatsoever arising out of the application or use of any product or service. And in the name of full disclosure one should assume any ad they click on or purchase they make will provide us with a small fee. This is not added to the purchase price of any item or service you purchase. It is however one of the ways we fund the help we provide to seniors and their caregivers. Any recipients of our help as well as our staff thank you and appreciate you greatly.

Senior Outreach Ministries makes no warranty, representation, or guarantee regarding the information contained herein or the suitability of any products and/or services for any particular purpose. Any performance specifications are believed to be reliable but are not verified. Buyer must conduct and complete all performance and other testing of the products and/or services, alone and together with, or installed in, any end-products and/or services. Buyer shall not rely on any data and performance specifications or parameters provided by Senior Outreach Ministries. It is the Buyer’s responsibility to independently determine suitability of any products and/or services and to test and verify the same. Senior Outreach Ministries does not assume any liability whatsoever arising out of the application or use of any product or service. And in the name of full disclosure one should assume any ad they click on or purchase they make will provide us with a small fee. This is not added to the purchase price of any item or service you purchase. It is however one of the ways we fund the help we provide to seniors and their caregivers. Any recipients of our help as well as our staff thank you and appreciate you greatly.

Explain Investing And Finance

Explain Investing and Finance, Follow 5 Simple Rules For Both Investing and Finance

Topics on Tap Inside Explain Investing and Finance:

  1. Investing and Finance Rule Number 1
  2. Finance and Investing Rule Number 2
  3. Investing and Finance Rule Number 3
  4. Finance and Investing Rule Number 4
  5. Investing and Finance Rule Number 5
  6. FINAL THOUGHTS ON INV and FIN

Explain Investing And Finance

The two words investing and finance may send some people into a tail spin. But, for a relentless and determined mind, investing and finance can be mastered with relative ease. I firmly believe if you follow these 5 rules, or “general principles” if you will, you can become an instant expert.

Let me toss my experience into the ring so you know where I am coming from. I have actively practiced as a stock broker, real estate broker and mortgage banker. And, I also had an active seminar program in which I taught investing and finance.

I only tell you about my experience to let you know learning these fields can be done if it’s a genuine desire to learn. Never will I share my experience just for bragging purpose. I mentioned 5 general principles because in my opinion these principles should be applied to all investing and finance arenas. 

In order to make them work for you, all you need to do is add discipline to the mix. And that’s the discipline to put them in place and the discipline to follow them by exercising them at the correct times.

Subsequently, if you ask me, the first rule is blatantly obvious. So let’s get right into the thick of it.

Investing and Finance Rule Number 1

Pick a Strategy and Follow It

No one strategy will always be inherently better than any other. The reason no one strategy will always be better is because of the changing market dynamics. There are many ways to be successful in your investment arena. Different people will obviously use different methods to pick stocks.

For example, and all of these people will believe their method will successfully fulfill their investing goals.

Pick any other investing media and the same will hold true. Real estate, collectibles, automobiles, whatever, all require you to pick a strategy. Generally speaking, once you find your style, you probably want to stick with it for awhile. 

The second rule only sounds complicated. It actually becomes easier to do as you gain more confidence and experience in your investing method and style. And, the sooner you can master it, the sooner you will always have a profitable portfolio.

Finance and Investing Rule Number 2

You Should Always Sell the Losers and Let Winners Ride Out Their Course

And now it’s time for a quick explanation. However, I’m willing to bet you caught on to this one right away. Even though it comes across self explanatory I’ll give it a quick run down.

You’re going to sell the losers to preserve capital. You don’t want the asset to depreciate to zero. On the other side of the coin, you let the winners ride to as high a price as you believe it will go. Should you sell before it reaches the top NEVER, and I mean NEVER, bemoan the few dollars you let get away.
The road named the “Guaranteed Profit” road is paved by selling appreciated investments. Appreciated means they are worth more than you paid.

Which makes it obvious for once some appreciation isn’t a setup!

This just might be a real good thing after all!Your investment choice really doesn’t make any difference. For example, they could be stocks, homes, baseball cards or even collectibles. All of which have a value that goes up and down. Every investment has an up and down cycle. Your money is made when you sell high and buy low. And I’m willing to bet that’s another one you’ve heard before. 

Good thing I didn’t put it on this list, ey?

Investing and Finance Rule Number 3

Never, Never Ever Chase a Hot Tip

Number 3 is what I obviously decided to call the “hot tip” rule. The rule says to never, never ever chase a hot tip. Hot tips are another name for hot air in my personal opinion. Which in all fairness does come from a fair number of years experience. I believe a person should have more respect for their money. 

Another name for hot tip is insider secret. When stripped to the bone, both are shadows. Nobody ever caught a shadow.

Like other areas of your life, you have reasons, objectives and goals. Investing is no different, and should be treated no differently. It is important you know the reasons for doing so. As much as you possibly can, do your own research and analysis. This way you will feel more comfortable before you even consider making the investment. 

You probably have heard someone say, “Don’t sweat the small stuff.”  And, as it turns out, not only were they right, it’s also my next rule.

Finance and Investing Rule Number 4

Don’t Sweat The Small Stuff

When it comes to investing or your finance, don’t sweat the small stuff. And when I say don’t I mean Never. Stick to Rule Number 4 like glue. It will never do you wrong. And, just so you know, by “small stuff’ I mean regular and expected types of activity.

Stuff like; the ups and downs every market experiences from time to time, the short term side way swings or even a large block of stock hitting the market, etc. 

Even government treasuries have their ups and downs. In other words, don’t step over dollars to pick up dimes. You’ll be at least .90 cents poorer every time and it’ll be lucky if that’s all you lose replacing dollars with dimes. The next rule, rule number 5 is a little trickier than the first our. But just hang in there, I’ll make some sense out of this one. And if you’re real lucky after I make sense out of it, you’ll turn it into more than cents. 

Rule Number 5 

Focus on The Future and Adopt a Long-Term Perspective

Rule 5 could almost be coupled with rule number 4. This rule says to keep your focus on the future and adopt a long-term perspective. If you keep in mind that investing is really about trying to make informed decisions based on things that have yet to happen, you will maintain not only a sharp focus but a properly framed perspective.

Investing and finance have tendency to use past data as an indication of things to come. This isn’t always what happens but if you remember that what happens in the future is what matters most.

Successful investors base their decisions on future potential rather than on what has already happened in the past. The past serves merely as a guide post of the possibilities of the future, if these possibilities materialize.

I initially mentioned 5 general principles or rules as I like to call them. But after zipping right through the first 5 rules I’m feeling a little generous. I’m feeling like an extra rule is in order for you fine readers!

However, it’s not an actual rule per se, It’s more of what I like to call a “general principle”. And as a quick side note, Number 6 is pretty darn easy to say, but pretty darn hard to do. At least I always see the ladies and gentlemen new to investing have the hardest time with it. I have a theory why that is, but I’ll bore you with that another day. 

So Get Ready, Set, and Away We Go! 

Here comes the next rule which we’ll know as “General Principle 6”, and since I like to truncate things GP, 6!!

General Principle 6

A Person Should Always Keep an Open-Mind and a Short Memory

At least for the actual success of any given call, put or trade. Whether the last trade was a winner or a loser it doesn’t necessarily tell you anything about the next one. 

Remember, all markets, like I said above, have ups and downs. All markets have cycles. Keep an open mind and you will be able to maintain your focus and perspective.

Apply the 6 principles and you should be successful at avoiding becoming narrow minded and focused solely in one arena. There is potential in every market and every cycle. Maximize profits, minimize losses and investing and finance become extremely easy.



Senior Outreach Ministries achieves it’s objectives with the capital we’ve either earned or received from donors. The Proud 2 B A Senior Ribbon for example. Donate $5, get a ribbon and help us help a hungry Senior Citizen in need. All proceeds remain in the Ministries to be used per our mission statement. We are a volunteer church. No one receives a salary or wage. Please help us help less fortunate hungry Seniors. We never have and never will ask the government for grants, funds or hand outs. Thank You in advance.

**DISCLAIMER**

Senior Outreach Ministries makes no warranty, representation, or guarantee regarding the information contained herein or the suitability of any products and/or services for any particular purpose. Any performance specifications are believed to be reliable but are not verified. Buyer must conduct and complete all performance and other testing of the products and/or services, alone and together with, or installed in, any end-products and/or services. Buyer shall not rely on any data and performance specifications or parameters provided by Senior Outreach Ministries. It is the Buyer’s responsibility to independently determine suitability of any products and/or services and to test and verify the same. Senior Outreach Ministries does not assume any liability whatsoever arising out of the application or use of any product or service. And in the name of full disclosure one should assume any ad they click on or purchase they make will provide us with a small fee. This is not added to the purchase price of any item or service you purchase. It is however one of the ways we fund the help we provide to seniors and their caregivers. Any recipients of our help as well as our staff thank you and appreciate you greatly.

Senior Outreach Ministries makes no warranty, representation, or guarantee regarding the information contained herein or the suitability of any products and/or services for any particular purpose. Any performance specifications are believed to be reliable but are not verified. Buyer must conduct and complete all performance and other testing of the products and/or services, alone and together with, or installed in, any end-products and/or services. Buyer shall not rely on any data and performance specifications or parameters provided by Senior Outreach Ministries. It is the Buyer’s responsibility to independently determine suitability of any products and/or services and to test and verify the same. Senior Outreach Ministries does not assume any liability whatsoever arising out of the application or use of any product or service. And in the name of full disclosure one should assume any ad they click on or purchase they make will provide us with a small fee. This is not added to the purchase price of any item or service you purchase. It is however one of the ways we fund the help we provide to seniors and their caregivers. Any recipients of our help as well as our staff thank you and appreciate you greatly.

Deadly Retirement Planning

Deadly Retirement Planning

Deadly Retirement Acts Analyzed in This Article:

Deadly Retirement Planning, Saving for Retirement, Retirement Savings
  1. Number One Deadly Planning for Retirement Act
  2. The Number Two Deadly Retirement Faux Pas
  3. Deadly Retirement Planning Act Number Three
  4. Deteriorating Health is Very Deadly By Itself
  5. Yet Another Deadly Act We Might Face
  6. Deadly Retirement Subjects in Summation

The Act of Deadly Retirement Planning

Deadly retirement planning is not an actual oxymoron. It almost seems like it has something to do with morons. But we don’t like to, or need to, be mean.

Believe it or not, it is an actual, real-life possibility. And, it is happening, as you read this, to far too many people. A quick side note, deadly retirement planning doesn’t refer to funeral services either. However, by not planning for your retirement years, you will certainly set your retirement in funeral mode.

And, if surveys by AARP and the federal government are correct, there are plenty of folks in this country called America not taking the upcoming retirement years into consideration. Some of them are at retirement age. Others are closing in on retirement age. 

Sadly, at that stage of the game, it is a bit too late to have the light come on. They need a better idea and they need it now.

Number One Deadly Retirement Planning Act

The number one deadly retirement planning act on the list is: Not saving enough. So, if all the surveys I have seen are correct, retirement won’t be the golden years for these people.

Those surveys, by the way, also tell us there are people who have nothing saved for retirement. Can you imagine having absolutely nothing saved for a day you know is coming? I mean it is YOUR life we are talking about.

The only income source they will be relying on every month is Social Security. Imagine dooming yourself to a monthly pittance of 1200 or so dollars per month as your nest egg.

Incomprehensible to say the least. But sadly enough, it’s very true.

Now, you ready for the double whammy? What if all the Doom and Gloom prophecies are correct? And Social Security actually runs out. Hopefully this coronavirus pandemic has opened more people’s eyes to living life in the danger zone.

Ugh. I’ll be the first to admit, I’m certainly not jealous of that potential train wreck. Unfortunately it could be you riding that train. Get off at the next station and start remedying your situation.

Number Two Deadly Retirement Planning Act

Coupled with not saving enough or anything at all is the act of draining your retirement savings. You’ve set up a plan and contributed regularly. That is the good part. You started off on the correct foot.

Then one day you decide to drain the account. Your intention is to replace the money next month, next year or in the future. You may even believe what you are telling yourself is true. 

Whether you really believe it or not, your retirement savings pool remains drained. You have entered the danger zone and can’t find a way out. You dug yourself a hole and forgot to stop digging.

How Did I Get Here?

You may be wondering how in the world a person can end up in this particular situation. Consequently, the answer, more than likely, lies in the fact those folks never calculated a retirement savings goal.

We could call this:

Deadly Retirement Planning Act Number Three

They probably never created or set a goal. Because they found it too daunting to calculate how much they will require in retirement. They simply were overcome by the number of variables with which they had to deal.

After all, nobody knows if they will get ill and incur huge medical bills. Nobody knows if they will require long term care. The one thing they knew for sure, i.e. they will get old, they ignored.

In other words, nobody knows the future. But for those who gave these variables serious consideration they created a retirement program that can adjust to them. It is a retirement program that says what if. It is a retirement program that is partially if not totally flexible to handle almost any situation presenting itself.

This doesn’t mean the worst will happen. It means it is addressed and hopefully remedied via the calculated retirement savings goal.

Deteriorating Health – A Deadly Act All By Itself

One thing we can count on when we age is deteriorating health. Our health usually doesn’t simply denigrate in one fell swoop. It happens over time. And when it does it brings along something called health costs.

Given today’s health costs deadly retirement planning could mean bankruptcy or worse for some folks. That is not a preferred position to be in especially when programs exist to mitigate these costs.

Certainly, it is no secret health costs have gone up substantially over the last 50 years. Google health costs and read the data for yourself. It’s staggering.

Nobody knows if this coronavirus pandemic will leave lingering health problems. What we do know, is that we can financially prepare today. Just in case they smack us in the wallet tomorrow.

This means with the trend being in the rise direction people retiring today will face rising health costs. Prepare. Act. Adjust your savings account and mentality.

Long Term Care – Another Deadly Act We Might Face

I mentioned long term care costs above. The costs vary by where you live. Big cities on both coasts have extremely high long term care costs. That doesn’t mean those of us who live in between the coasts have next to nothing costs.

The current monthly costs range from $5,000 per month to over $8,000 per month. That is in America’s heartland for those wondering where the costs are so low.

Notice I said per month and not per year. By the way, Medicare doesn’t pay for long term care. So if you thought they do, your thinking is wrong. Reread your Medicare pamphlets and you’ll get a rude awakening.

What does that mean? It means you need to become familiar and knowledgeable in this arena. For example, the surveys of long term care costs says the average per year cost is close to $90,000.

A Conclusion Worth Considering

Hence these deadly acts lead us to a conclusion that shouldn’t be ignored. At least for those folks who are thinking ahead. Therefore anyone not factoring in the woes and wows of growing old will always be looking in the window. Subsequently, watching all the people who did prepare like a hungry stranger.

So go get your affairs in order. Take steps to protect yourself should you suffer any type of diminished capacity. Moreover don’t fool yourself into thinking it can’t happen to me.

So who do you think represents those numbers in the surveys? Yep, me and thee as they say.

I am not a lawyer or even play one on TV. Consult with a competent legal professional about the legal instruments you probably should have already in place. At least some time before old age sets in place. Above all the earlier the better I’m told though.

These instruments include wills, powers of attorney, trusts, durable powers of attorney for health care, etc. Don’t fall victim to the deadly retirement planning traps. So get off your duff and smell the old age winds heading your way.



Senior Outreach Ministries achieves it’s objectives with the capital we’ve either earned or received from donors. The Proud 2 B A Senior Ribbon for example. Donate $5, get a ribbon and help us help a hungry Senior Citizen in need. All proceeds remain in the Ministries to be used per our mission statement. We are a volunteer church. No one receives a salary or wage. Please help us help less fortunate hungry Seniors. We never have and never will ask the government for grants, funds or hand outs. Thank You in advance.

**DISCLAIMER**

Senior Outreach Ministries makes no warranty, representation, or guarantee regarding the information contained herein or the suitability of any products and/or services for any particular purpose. Any performance specifications are believed to be reliable but are not verified. Buyer must conduct and complete all performance and other testing of the products and/or services, alone and together with, or installed in, any end-products and/or services. Buyer shall not rely on any data and performance specifications or parameters provided by Senior Outreach Ministries. It is the Buyer’s responsibility to independently determine suitability of any products and/or services and to test and verify the same. Senior Outreach Ministries does not assume any liability whatsoever arising out of the application or use of any product or service. And in the name of full disclosure one should assume any ad they click on or purchase they make will provide us with a small fee. This is not added to the purchase price of any item or service you purchase. It is however one of the ways we fund the help we provide to seniors and their caregivers. Any recipients of our help as well as our staff thank you and appreciate you greatly.

Real Inflation and Government Inflation

Real Inflation and Government Inflation

Real Inflation and Government Inflation, Financial Definitions, Information Resources for Seniors

Most people are not aware real inflation and government inflation rate percentages differ. They feel it in their gut but fall short when articulating what they instinctively know.

A thinking person would read the headline and ask themselves what is the difference between real inflation and government inflation. Smart thing to do by the way.

A smart question not only deserves an honest answer, it will get one too. There is a difference and the gap is huge in almost every measurable category.

By the way, this isn’t an article on zeroing in on how the government computes inflation. You can research that for yourself in any number of expose type articles offered up by Google.

This article tells you what your real inflation probably was, is and will be.

Why was, is and will be” you ask?

Because you’ve been lied to ever since the government began publishing the so called inflation rate. Subsequently, you’ll be lied to as long as they continue to publish an inflation rate.

“Why would they lie?”, I hear you ask.

Simple. They have certain obligations tied to the rate of inflation. Social security checks for example. And, no, this article is not anti Social Security.

You know that pot of gold (yes, I’m being facetious) that lands in your bank account on the first, second or third Wednesday of the month. The raises, if any, are tied to the inflation rate.

The raises have been between zero and two percent over the last 10 years. Imagine if the government had to pay the real rate.

Say the real inflation and not government inflation rate was eight percent. Your check would have gone up by eight percent and not the one percent you received.

This of course means that pot of gold called the social security fund would be in danger of going absolutely bottoms up. Oops, no more money would mean no more checks.

No more checks would mean our Washington politicians would be in grave, physical danger. They don’t like being in harm’s way. Of course they could cook the books.

Never mind. They already do.

A guy can’t blame them but then again a guy should only elect honest politicians. Oops, again, since that is an oxymoron.

So how do you know your real inflation rate? There are two rates. Pre-tax and post-tax. Most of us pay taxes so it is the post-tax rate we watch.

Consider these facts. Most of us use gasoline or diesel in our automobiles. The majority of us also buy groceries. Most of us use electricity or some other utility to keep warm or cool. And so forth, and so forth.

These facts all cost money. The gas station, like all merchants, has to charge for their products or they won’t be in business. We don’t want them out of business. Just stands to reason, right?

The real inflation rate happens to us every day. It is what we pay for our everyday items. Gasoline is a great example. We’ve all seen monthly prices escalate ten to fifteen percent. Sometimes it happens in a week.

Given that is true that means you and I pay whatever the pump reads. Unfortunately the pump doesn’t always read the same low number.

Let’s Fuel Up On a Quick Example

For example, last month I filled up the household car two times. The price of gas on the first visit was six percent lower than the second time. If buying gas was my only event of the year my inflation rate would have been six percent.

I was thankful I filled up at the low end of the price increase. Gas is probably the easiest, besides food, to use as an example. because all of us, in one way or another, are impacted by gas price fluctuations.

Unfortunately it wasn’t my only buying event for the year. I too like to eat so the grocery store was on the agenda. I use electricity so the power company was in the monthly mix as well.

Here is just one of my experiences at the grocery store. An item as simple as a can of beans will illustrate the point. At the beginning of the year the price was 88¢. Yesterday it was $1.08.

Every event was in my sphere of inflation but the government has a different idea about those events. They simply ignore them in their computations.

Yep, you read that correctly. The real inflation and government inflation computations differ because the government has the luxury of ignoring them. They happen to you and me but the government don’t acknowledge their happening.

Another “Not-So Shocking” Inflation Scenario

I mentioned using power. The power company is granted rate increases through a government agency. It was created to monitor how much we are being soaked. Over the years the power companies gradually slid the agency members from consumer advocates to consumer gougers. Rate increases don’t count in the inflation equation.

Hence, they can declare an inflation rate of any number they so elect. They do so by simply accusing them of being less important than their made up list and don’t include them in the algorithms. Hence computing a low inflation rate is easy-peasy, lemon squeezey according to the Washington D.C. number crunchers.

Since I don’t have children in college and my medical bills are almost non-existent I did not have to account for the rise in their respective costs. You, on the other hand, may not be so lucky.

If you aren’t, you need to factor those too into your real inflation rate and not the government inflation rate. If you don’t, you could go broke.

Some Final Thoughts That Hopefully Aren’t Deflating

Simply understanding the real inflation and not government inflation rate does little good unless we, as a collective body, take steps to right the ship. It won’t be easy. Nothing of this magnitude ever is easy.

Oh, for them it is. They make the rules, regulations, policies and laws. Moreover, if anyone is paying attention, they are people. You know, like you and me.

As such, we can replace them. Truth is we should be replacing them every election cycle. Then we might have a controlled real inflation and not government inflation.



Senior Outreach Ministries achieves it’s objectives with the capital we’ve either earned or received from donors. The Proud 2 B A Senior Ribbon for example. Donate $5, get a ribbon and help us help a hungry Senior Citizen in need. All proceeds remain in the Ministries to be used per our mission statement. We are a volunteer church. No one receives a salary or wage. Please help us help less fortunate hungry Seniors. We never have and never will ask the government for grants, funds or hand outs. Thank You in advance.

**DISCLAIMER**

Senior Outreach Ministries makes no warranty, representation, or guarantee regarding the information contained herein or the suitability of any products and/or services for any particular purpose. Any performance specifications are believed to be reliable but are not verified. Buyer must conduct and complete all performance and other testing of the products and/or services, alone and together with, or installed in, any end-products and/or services. Buyer shall not rely on any data and performance specifications or parameters provided by Senior Outreach Ministries. It is the Buyer’s responsibility to independently determine suitability of any products and/or services and to test and verify the same. Senior Outreach Ministries does not assume any liability whatsoever arising out of the application or use of any product or service. And in the name of full disclosure one should assume any ad they click on or purchase they make will provide us with a small fee. This is not added to the purchase price of any item or service you purchase. It is however one of the ways we fund the help we provide to seniors and their caregivers. Any recipients of our help as well as our staff thank you and appreciate you greatly.

UDAAP – Unfair, Deceptive or Abusive Acts and Practices

UDAAP – Unfair, Deceptive or Abusive Acts and Practices

Unfair, Deceptive or Abusive Acts and Practices, UDAAP

What You’ll Find in This Article:

  1. An Overwhelming Case
  2. Debt Collection Shows Itself For What It Is
  3. The Two Suggestions
  4. An Ally You May Not Know Exists
  5. Final Thoughts

Saying unfair, deceptive or abusive acts and practices is quite a mouthful. That’s why you hear the acronym, UDAAP (or UDAP) instead. I believe we both can agree that’s a lot more pleasant to the hearing.

UDAAP came into existence as a result of the Dodd-Frank Act in 2010. That is to say the financial crisis of 2007 – 2008 was the impetus for the legislation. It was enacted in part to promote US financial stability. And to protect American Consumers from abusive financial services practices.

It is no secret many Seniors and Pre-Senes have trouble paying or cannot pay their medical bills. Studies have shown these groups try to pay what they owe but the sheer volume owed is too overwhelming.

Unfair, Deceptive or Abusive Acts and Practices

An Overwhelming Case of UDAAP

One example oft cited is the case of the lady making about $36,000 a year with an outstanding medical bill of approximately $62,000 and growing. Growing because collections adds interest to the unpaid balance. Realistically she will never get out from under that bill.

So, you might be asking, what does unfair, deceptive or abusive acts and practices have to do with her and others in the same boat. Plenty.

Numerous studies have shown that especially uninsured and under-insured consumers are raw meat for hospitals and some doctors. I won’t go into details in this article.

Debt Collection Shows Itself For What It Is

It is the collections part of the medical landscape that brings the UDAAP statutes into the forefront. As you will read in a moment, UDAAP laws prohibit “unfair or deceptive acts or practices in or affecting commerce.” Contrary to what the medical field says and/or attempts to portray in those television doctor shows they are a business. And, in this country, business is commerce.

When you don’t pay your medical bills within a specified time frame the entity owed the money initiates collection. This could be anything from calling you or sending you a past due notice. They might even try asking you for payment when you come back to the facility.

If you do not pay within the specified time frame almost all medical providers resort to a collection agency. This is where the majority of unfair practices enter the picture. Mind you, many hospitals have been caught with their pants down using extremely unfair collection methods too. So, a history exists from inside the medical purveying system as well.

This article won’t go into depth on UDAP on purpose as the virtual real estate it would take up is enormous. However, this article will make two suggestions as to where to begin your journey into UDAP education.

Two Friendly Suggestions I Make

The first is the American Bankers Association. Here’s a quote from their UDAAP page:

Section 5 of the Federal Trade Commission Act (FTC Act), 15 USC 45(a)(1) (UDAP), prohibits “unfair or deceptive acts or practices in or affecting commerce.” The Dodd-Frank Act makes it unlawful to engage in any unfair, deceptive or abusive act or practice (UDAAP with two As). The responsibility for enforcing the prohibition against “abusive” acts or practices was given to the Consumer Financial Protection Bureau (CFPB) under Dodd-Frank, but the prudential regulators retain their authority to enforce UDAP under Section 5 of the FTC Act. 

That page currently resides at:

https://www.aba.com/Compliance/Pages/compliance_UDAP.aspx

The second suggestion is to become familiar with your state UDAAP statute(s). And why use the state first and not the agencies mentioned by the ABA?

Because your state statutes almost always give you the most powerful remedies. Subsequently, these statutes are sometimes referred to as consumer protection acts of broad applicability.

They earned that description because they can be used to challenge a wide range of abusive behavior. As well as unfair or deceptive debt collection tactics. Many UDAAP statutes allow private actions for violations of other state or federal laws. Believe me, this is a big plus.

Moreover, if you are facing a medical bill calamity, hit the keyboard. And get as much heads up info on your state laws as you can. No telling what will happen in your favor when you are armed and ready to do battle.

An Ally You May Not Know Exists

The Dodd-Frank Act created the Consumer Financial Protection Bureau also known as CFPB. And they are responsible for consumer protection in the financial sector. Collection agencies come under the enforcement authority of the CFPB.

Collection agencies attempt to collect medical debts. Medical debts no longer crush your credit score thank goodness. But, and this is a big but, medical debt collectors still can crush your pocket book.

So that’s why you need to make the CFPB your friend. And, I don’t know your individual situation. But, you do. Maybe you can’t pay on time all the time. Maybe your job is only part time. The maybes can mount up. Above all else you need help and the CFPB can help.

Some Final Thoughts on UDAAP

Numerous studies have shown that especially uninsured and under-insured consumers are raw meat for hospitals and some doctors. Consequently, you can read about hospital bills and their collection protocol in our article titled: Hospital Billing and Senior Citizens.

Above all else visit the CFPB site and get familiar with their mission, pages and forms. And, make sure you research your state’s laws. Moreover, unfair, deceptive, or abusive acts and practices won’t go away by just wishing them away. You have to take the proper legal action so educate yourself.



Senior Outreach Ministries achieves it’s objectives with the capital we’ve either earned or received from donors. The Proud 2 B A Senior Ribbon for example. Donate $5, get a ribbon and help us help a hungry Senior Citizen in need. All proceeds remain in the Ministries to be used per our mission statement. We are a volunteer church. No one receives a salary or wage. Please help us help less fortunate hungry Seniors. We never have and never will ask the government for grants, funds or hand outs. Thank You in advance.

Medical Billing and What You Don’t Know

Medical Billing and What You Don’t Know

Medical billing is a lot more involved than you think. So, if you think all you do is hand over your insurance card you better think again & read this. Now.

Medical Billing and What You Don’t Know is the title of this article. The “What You Don’t Know” will probably come as a huge eye opener. And a huge eye opener to a majority of readers at that. Believe me, when I say what you don’t know about hospital billing is important.

Because, it is very important.

Medical billing is something that holds some potentially expensive pitfalls. This article covers two of them. Not in detail but sufficiently so you won’t fall into their traps.

Medical Billing and What You Don't Know

We all have experienced what seems like a mountain of forms you have to fill out when you go to a clinic, urgent care, hospital or doctor’s office for the first time. The problem is we don’t read all of them. We just fillin the boxes and sign or initial on the marked lines.

A Quick Personal Experience

So, I had occasion to use the services of a clinic I have never used prior to the morning learned this neat lesson. Like all clinics they give the new patient anywhere from 4 to 6 pages and/or forms to complete. It’s the usual stuff. Name, address, phone number, email, contact person, types of medication you are using and primary care physician. As well as a list of medical conditions you check if you have that particular condition or conditions.

Which is why most people believe the only requirement is to present their insurance card and the clinic does the rest. No surprises, right? The first surprise however for most of us is the block labeled social security number. Most people simply fill it in. I never give them my number. And I do give them my insurance cards.

Ahhh, but wait, there is a surprise. Read the forms and you will see the burden is actually on you. They list it as your responsibility for making sure the provider is paid by the insurance company. 

Wait a minute, did I just say what I think I said?

Your insurance cards have all the necessary numbers for the clinic to be reimbursed. They do not require your social security number. In fact, if they do have it, they must have a social security number safeguard policy in place and give you a copy of that document upon request.

This is required by a provision in USC 42. USC isn’t the University of Southern California in this case, it is the United States Code. This is going to serve as the first piece of the medical billing and what you don’t know. Moreover, it is packing a whammy that surprises, if not shocks and befuddles, most patients.

The second piece of the medical billing shock story is something called courtesy. Yep, good old fashioned courtesy. How can courtesy be something you don’t know? You’re courteous to everybody.

Easy. Like so many of us, you didn’t read the medical billing form. You simply initialed and signed on the marked lines and assumed your handing over your insurance cards was all that was necessary. Once again, like so many of us do and have done. In almost every case that is correct. However, in some cases, the patient not only has to deal with the illness but the insurance payment process.

It works like this. If you had read the medical billing form you most likely would have seen words to the effect:

*This clinic bills your insurance out of courtesy to you. You’re responsible for payment and any follow up necessary to complete the payment.*

What?

You read that right. Surprise, Surprise!!

You are responsible because there are no laws that shift the responsibility on to the clinic to attempt to collect the money owed. Hence, the clinic is providing a courtesy to the patient. They do it because they want to get paid as soon as possible. That part isn’t a surprise, right?

Hard to believe in this day and age no law like that exists but true. That is one aspect not talked about in the current health care debates. It would seem like if you paid your premiums and your coverage is in force and you gave the front desk clerk your cards your part should be over.

Like I said, in most cases, that is the end of the story. The clinic’s insurance manager submits the forms to the company and the clinic waits for payment. You do not know if or when the payment will be made but you did your part. At least according to how it has always worked in the past.

This is the second medical billing. And what you don’t know that could potentially raise its ugly head and cause you a heartache. Pay attention to the forms. So you can ask questions while you are standing at the front desk.

Trust me, you will sleep way better if you do.



Senior Outreach Ministries achieves it’s objectives with the capital we’ve either earned or received from donors. The Proud 2 B A Senior Ribbon for example. Donate $5, get a ribbon and help us help a hungry Senior Citizen in need. All proceeds remain in the Ministries to be used per our mission statement. We are a volunteer church. No one receives a salary or wage. Please help us help less fortunate hungry Seniors. We never have and never will ask the government for grants, funds or hand outs. Thank You in advance.

Financial Literacy

Financial Literacy

Given the amount of information available from numerous sources you might believe financial literacy is through the moon. Unfortunately
it is not the norm. For example, a large number of people did not know what bankruptcy was.

Recent surveys conducted by two of today’s largest financial product based organizations paint a bleak picture. Financial literacy is regressing
rather than progressing.

Financial Literacy

The surveyors were shocked to learn the groups needing the information the most are the groups who don’t search for it. It seems those who are financially ignorant like it that way. And they did not say that by the way.

Surveyors learned the folks who are already financially literate belong to the group that keeps searching to learn more. It would be ironic if it wasn’t so sad.

The Financial Literacy surveys were conducted around eight main areas:

  1. Earning
  2. Consuming
  3. Saving
  4. Investing
  5. Debt
  6. Risk
  7. Insurance
  8. Information Sources

It would be hard to disagree that these aren’t important areas. After all, they stare us in the face every day of our existence.

Earning

I cannot imagine someone not knowing how to read their paycheck. Some folks had no idea what determines their take home pay. Incomprehensible to say the least.

If this important financial document isn’t important to a person I can’t believe any other financial document would be important.

Consuming

All of us consume everyday or we wouldn’t be alive. But, not being able to articulate where you spend your money, and on what, seems out of place. Especially in today’s society. But the surveys say otherwise.

Saving

An easy concept to be sure. Yet some respondents had no idea how to get the biggest bang for their buck. In other words, they couldn’t tell how they
would maximize their savings dollars.

Investing

This is an area requiring more study than a subject like saving. So, may be it is understandable that respondents did not know how to evaluate particular investments. Or, understand the risk associated with each type of investment. However, those are not poor excuses for foregoing a cursory attempt at financial literacy.

Debt

An extremely easy concept to understand. Or so you would think. Above all respondents couldn’t express the relationship between loan features and repayments.

Duh!

By the way budgeting was out of the question when it came to debt for these respondents.

Risk

I realize risk begins most people’s days. It is called waking up to an uncertain world no matter how many times we wake up.

When it comes to financial literacy people couldn’t explain the degree of risk associated with an action. Or the degree of risk they were willing to accept with regard to a particular investment.

Insurance

Types of coverage is all a person really needs to know about insurance. Subsequently, no one has to dive into the inner bowels of how the insurance industry works.

However, it would be extremely beneficial to understand how your policy works regarding your particular coverage. So, what you are paying for and why
would be a good start.

Financial Literacy Information Sources

We live in the age of information. For example even the homeless have access to information. They simply use the library and government agencies.

Finding appropriate sources and asking for advice isn’t a giant pain in the posterior any more. To clarify it is open source to borrow Internet language.

And, in most cases, it is absolutely and completely without cost. Therefore, a person does not have to take one dime out of their pocket.

Financial literacy, like understanding financial definitions, equates to financial well being. So if you have it, your life is better all around. Subsequently, if you don’t have it, seek it out. You’ll make a better life for yourself.



Senior Outreach Ministries achieves it’s objectives with the capital we’ve either earned or received from donors. The Proud 2 B A Senior Ribbon for example. Donate $5, get a ribbon and help us help a hungry Senior Citizen in need. All proceeds remain in the Ministries to be used per our mission statement. We are a volunteer church. No one receives a salary or wage. Please help us help less fortunate hungry Seniors. We never have and never will ask the government for grants, funds or hand outs. Thank You in advance.

Pay Off Your Debts in 5 Simple Steps

5 simple steps to pay off your debts is merely the starting point. The actual, real-life ending point is step 6. Don’t repeat what put you in debt in the first place.

Pay Off Your Debts

We all realize debt is always there. We can live in a cave and by golly we will buy something on credit and be in debt. Darn it, right?

In fact, I once said credit is merely debt spelled a different way. Think about it. The minute you swipe your credit card you have entered into the nether world called debt. And you stay there until the amount charged is paid in full.

Pay attention to the last part of the previous sentence. Your debts have to be paid in full or you will wreck your credit. And that’s a whole different world of hurt.

So, let’s start getting into Pay Off Your Debts in 5 Simple Steps. And the first step in the 5 simple steps is actually a pretty easy one. In fact, you can do it several different ways.

Pay Off Your Debts STEP 1 – Stop Adding to Your Current Debt

For starter’s, when you receive your credit card bill, you pay the balance owed. This way you avoid interest charges, service fees and any other fees credit card companies charge. This is one important way you won’t be adding to your debt. Interest is bad enough, but fees can kill you.

Have the discipline to not add to your existing debt by buying more stuff. Especially since chances are most of, or at least a good chunk of, your debt is for stuff you can live without.

Pay Off Your Debts STEP 2 – Review All The Statements From Your Debts

Make sure you review your loan and credit card statements. And any other statements you receive in regard to one of your debts. You want to know your balances, interest rates and payments. These items tell you how much you owe.

It’s very important information to know if you are serious about paying off your debt. You’ll be able to figure out which ones need immediate attention and which ones can get smaller payments.

Pay Off Your Debts STEP 3 – Reduce and Eliminate Expenses

Start looking for ways you can reduce or eliminate expenses. Most of us find extra money via birthdays, holidays, part time jobs, etc. If you are one of
those money finders, use those dollars to help pay off debt faster.

You’ll be ahead an exponential dollar amount if you do.

Pay Off Your Debts STEP 4 – Pay Off the Highest Interest Rates First

This one should be obvious but sometimes people simply don’t think in the obvious. Pay off debts with the highest interest rates first.

Why?

Do the math and you’ll discover that a high interest rate equals more dollars out of your bank account.

You’ll save money by getting rid of the interest rates that are sucking your money up. Debts with lower interest rates can receive smaller payments while you get the larger interest rates paid off. Simply put, the smaller interest rates aren’t costing you as much. Yet.

Pay Off Your Debts STEP 5 – Discover Ways to Save

This is the simplest step to pay off your debts. You want to discover ways to save money. Many have used the debt consolidation principle. They start by using the tip in step 2.

They determine how much they owe and then get a loan through their bank or credit union for the full amount. Then they pay all their outstanding
bills and don’t incur those charges again.

Now You Have a Different Problem

Now you have a different dilemma. What do you do with the excess money from the consolidation loan? Well most people put it away in savings.

Here’s the math: let’s say the loan you took out to consolidate your debt was $7,500. Now instead of a $1,000 a month going out to all the different debts you only $500 to the single loan. That means you would have an extra $500.

DO NOT spend the newly freed up $500. Put it away in a savings account. Or an investment vehicle that bears interest like an annuity. Now that money can start working for you instead of against you.

Some people have an emergency fund they keep hidden. Start putting the extra money in there every month. The important part is just DON’T TOUCH IT!! Your not touching it will be what makes the difference. Using our example, after a year, you’d have $6,000 saved. After 5 years you’d have $30,000. Not too shabby, ey?

An Important Note:

If you have built an emergency fund, never, ever, spend these dollars to pay your debt. It is an emergency fund for a reason. You never know when
the car will need new brakes or some other unexpected surprise will visit you. Save those dollars so you won’t be forced to add to your debt.

Final Thoughts

These 5 simple steps will pay off your debts. They can all be fleshed out into better detail. You know you’re situation better than I do. There are other ways to improve your savings or where you can find money.

However, I believe you get the idea. Know what you owe, don’t add to it and pay it off. These simple concepts are really what paying off your debt boils down to.



Senior Outreach Ministries achieves it’s objectives with the capital we’ve either earned or received from donors. The Proud 2 B A Senior Ribbon for example. Donate $5, get a ribbon and help us help a hungry Senior Citizen in need. All proceeds remain in the Ministries to be used per our mission statement. We are a volunteer church. No one receives a salary or wage. Please help us help less fortunate hungry Seniors. We never have and never will ask the government for grants, funds or hand outs. Thank You in advance.

We’re All Going to Die

We’re all going to die seems to be the main stream media’s drum beat. Tons of articles are pounding the death knell of not thousands but millions of Americans. Heck some have even said the CoronaVirus will be the largest death virus this planet has ever seen.

We're All Going to Die, reincarnation, all we have to fear is fear itself
HHHmmmmm….Have We Heard all This Before?

I’m no doctor. I don’t even play one on television. But, and it is a big but, I can tell you for a natural fact we have heard this story before. Hang with me for a minute and I will give you the list.

The same death knell started long before the first year listed on the chart. However, because I liked this chart, I decided to go with the first year it lists – 2001. I thought staying in the modern era versus rushing all the way back to 1918 and the Spanish flu was too much to perpetrate on Senior Outreach Ministries readers and followers.

–We’re All Going To Die

Let’s first take that phrase apart. The we obviously means both you and I. Given that is true there will be no more you and no more me. Do you believe that will actually come to being? If I can be honest for a minute, I sure don’t.

I am in no way saying I won’t be effected (catch the virus). I try to stay safe as the saying goes. But that doesn’t mean other people are practicing safe hygiene protocol.

All you have to do is read. There are stories everyday about people coughing in the face of other people. People licking vegetables and other items in stores. Other folks intentionally violating the safe distance mandate. The list goes on.

The Die Part Is The Most Scariest Part

Now we step into the die word. When you die you commit a pretty final act. As far as I know, there is no returning, anyway. Yes, I have heard of reincarnation. To a degree I even believe in it.

What I can’t reconcile is if it happens to or for all of us. In another words, a few scientists have said they have proven reincarnation is for real. What they don’t say is if it is for real for each and every human being on the earth.

If it is for real for each and every human being that means we will all return. If that is true what difference does it make if we die from the coronavirus? We will return at some date in the future.

Let’s say reincarnation is not for real. These scientists are wrong. That translates to we don’t return when we die. We are gone forever.

If we are gone forever and don’t return what difference does it make how we die? We all know we are going to make that final march. The cause becomes irrelevant.

None Of This Is To Say Don’t Take Precautions

Regardless of reincarnation, no reincarnation, how we die, the point is we are still alive. As such we should be taking all the precautions available to us. Why play with fire? Protect yourself as much as you can.

As promised here is the list I mentioned in the opening of this article. I did not create it. I took it off the Internet where it wasn’t ascribed to anyone in particular. However, the author is correct with the year and the “gonna die sickness” presented.

–Please Pay Attention, Closely Please–

Please pay attention to the very last line. To quote President Roosevelt, all we have to fear is fear itself. That’s what we are really facing. Fear is a powerful force that makes us do things we wouldn’t ordinarily do.

My next to last thought will probably come as no surprise. Make sure your life insurance premiums are paid! After all, if we’ve learned nothing else from surviving yet another epidemic, it would be, BE PREPARED. You never know what is coming. The CoronaVirus wreckage suffered had you caught it could have been alleviated by CoronaVirus Life Insurance.

However, it should come as no surprise, we’re all going to die. If possible let’s choose our own way in which we’re all going to die.



Senior Outreach Ministries achieves it’s objectives with the capital we’ve either earned or received from donors. The Proud 2 B A Senior Ribbon for example. Donate $5, get a ribbon and help us help a hungry Senior Citizen in need. All proceeds remain in the Ministries to be used per our mission statement. We are a volunteer church. No one receives a salary or wage. Please help us help less fortunate hungry Seniors. We never have and never will ask the government for grants, funds or hand outs. Thank You in advance.

Disputing Credit Card Charges

Disputing Credit Card Charges

Disputing credit card charges isn’t as hard as it may come across. I don’t know about you, but I’ve had to dispute credit card charges before. Maybe I was lucky. But I’ve only lost one dispute. The reason was I waited too long before disputing the charge.

Disputing Credit Card Charges, Disputing Fraudulent Charges on My Card

My bad.

A lecture seems to be in order at this point. However, lecturing is almost never taken too seriously. Because, we’ve grown immune to lectures and lecture oriented verbiage.

The very best way to keep from being involved in a credit card dispute is to be aware of each of your purchases. That is, you know not only the product. But the terms under which you are buying that item or items.

For example purposes only I’ll use a travel package from one of the multiple online travel sites. Most purchasers believe once they hit the pay link they own the airline tickets. Or the hotel reservations or whatever constitutes the purchased package.

These programs do not work this way. Take the airline tickets. You don’t actually own them until you show up for the flight. And then present the tickets to the counter agent.

Always Read The Fine Print

You didn’t bother to read the fine print on the website so you didn’t know that little detail. Your plans change and you can’t fly until one day later. You call the airline to make new arrangements and the agent lays out the details.

Details that put you in shock because they involve paying a huge amount of money. But, wait a minute you already paid for the tickets on your credit card.

Oops, you did but you don’t have control over the tickets. You really need to call the online site. And have them make the changes for you. Your credit card company won’t help even though you used their services.

They know who owns the ticket and will only agree with them if you dispute the charge. Not a good feeling and not a good spot to be in.

So you don’t find yourself in the same boat this short article will make a referral to a source with all the how to do it right information. That source is:

https://www.consumer.ftc.gov/articles/0219-disputing-card-charges

Yes, I could write a summary of the procedure. But then how much help would that be. In any event, disputing a charge can be easy or it can be difficult. So, according to me, visit the site and read what they have to say. You can turn difficult into easy if you pay attention.

To show you what I mean, here is the first paragraph on their website:

Have you ever been billed for merchandise you either returned or never received? Has your credit card company ever charged you twice for the same item or failed to credit a payment to your account? While frustrating, these errors can be corrected. It takes a little patience and knowledge of the dispute settlement procedures provided by the Fair Credit Billing Act (FCBA).

Notice the last 2 sentences. Don’t get frustrated. Get educated.

Good luck.



Senior Outreach Ministries achieves it’s objectives with the capital we’ve either earned or received from donors. The Proud 2 B A Senior Ribbon for example. Donate $5, get a ribbon and help us help a hungry Senior Citizen in need. All proceeds remain in the Ministries to be used per our mission statement. We are a volunteer church. No one receives a salary or wage. Please help us help less fortunate hungry Seniors. We never have and never will ask the government for grants, funds or hand outs. Thank You in advance.

Consumer Price Index and Inflation

Consumer Price Index and Inflation

The Consumer Price Index (CPI) and inflation are directly related. Although, the formula for calculating the inflation rate is relatively simple the truth is nobody gives a good gosh darn.

And maybe we shouldn’t given it is a government calculated number and the government actually tells us what it is for the year every year. In fact, watch any business show on television and you will hear the talking heads spew forth about inflation and the CPI.

Consumer Price Index and Inflation

It is helpful to know the agency responsible for computing the CPI and informing the general population of that number is the Bureau of Labor Statistics or BLS for short. They actually survey thousands of prices all over the country and formulaically compute the Consumer Price Index and the inflation rate.

For any index to be worth its salt it has to have a base rate to be used for comparison purposes. This means somebody or some agency sets that base. With the CPI it is the BLS and currently the base year for comparison purposes is 1984.

The truth is it wasn’t exactly 1984. What the government math wizards did was use the numbers from 1982 -1984 took an average and called 1984 the year the CPI was 100. Just like magic they had a year and a number.

What Does This Mean to Me?

What does all this have to do with me you might be asking. Well, maybe a lot and maybe nothing. I will say if you are a senior about to retire or are already retired this number is important.

You see, inflation eats away at your buying power. If something cost one dollar in the base year, 1984, but costs 1.98 today, inflation has eaten ninety eight cents more out of your nest egg.

It could get more complicated but why complicate a simple formula I’ll show you in a minute so you can break even with inflation. As seniors we face medical bills, taxeshospital bills. All the same bills pre-senes and younger people face too.

But what we don’t face is longevity to combat this bully called inflation. It simply eats away our money and we seemingly can’t shoo away the monster.
Year after year it nips at our heels.

Breaking Even With Inflation

Fortunately there is an easy to use formula to help us calculate the investment rate of return we need to “break even” with inflation. Expressed as a fraction it looks like:

Inflation Rate / 1 – Tax Rate

Obviously we need to know the inflation rate and our tax rate. I will assume the inflation rate is 5% and the tax rate (bracket) is 30%. Our equation looks like:

.05 / 1 – .3

Or

.05 / .70

Dividing we get this number: 7.14

7.14 expressed as a percent is 7.14 percent or .0714. This is the return we would need to receive to stay even with a 5% inflation rate in a 30% tax bracket.

We could have more fun with the Consumer Price Index and inflation but this appears to be enough fun for this article. Keep this formula in mind as you plan your retirement.



Senior Outreach Ministries achieves it’s objectives with the capital we’ve either earned or received from donors. The Proud 2 B A Senior Ribbon for example. Donate $5, get a ribbon and help us help a hungry Senior Citizen in need. All proceeds remain in the Ministries to be used per our mission statement. We are a volunteer church. No one receives a salary or wage. Please help us help less fortunate hungry Seniors. We never have and never will ask the government for grants, funds or hand outs. Thank You in advance.

The Granny Gift Tax

The Granny Gift Tax

The Granny Gift Tax, Capital Gains Tax, The Gift Tax, The IRS

The granny gift tax is a cute way of saying the IRS subjects gifts you give to qualified receivers to income tax. Imagine that….. The IRS taxes you for being kind.

Well, isn’t that special?

In truth this tax is simply called Gift Tax. The IRS devotes a lot of words about this tax here:

https://www.irs.gov/businesses/small-businesses-self-employed/frequently-asked-questions-on-gift-taxes

They cover every question known to mankind on gift taxes on that page.

I call it the granny gift tax because grandparents and parents have been giving money to their siblings for a little longer than giving itself has been around.

The IRS came along in 1913. And, it’s been business as usual since. So when they recognized a good thing, they did what they always do, they taxed it.

The IRS isn’t a total Scrooge however since their rules allow, in 2019, gifts up to $15,000 annually per donor without either the giver or receiver having to report it on their personal tax form. If you are married you can give $30,000 to each eligible receiver without either party in the transaction suffering through reporting worries.

The rules are the same for same sex married couples. The granny gift tax cares not about your sexual orientation. The granny gift tax is an equal opportunity tax mechanism.

Taxes Can Have a Silver Lining?

This could be quite an estate planning tool for people with a high net worth. For example, assume a married couple has three children and each one of them is married. So, that makes a family of six eligible receivers.

Six times $30,000 equals $180,000. A substantial reduction in the size of the estate meaning the gifts reduced the estate’s value for taxing purposes. But, of course there may be more eligible receivers in this family tree thereby reducing the estate’s value for tax purposes.

The IRS does permit a donor to give more than $15,000. The worm in the apple is the reporting requirement. The receiver must report any amount over $15,000 and pay tax on this amount.

Above All Else, Always Take Care of Your Gift Taxes

Gifts larger than $15,000 should be coordinated with your estate planning accountant and/or attorney. In fact you should always consult a licensed, knowledgeable, competent professional. Running afoul of the rules could turn the gift from wonderful intention into sour apples. The taxman is the no excuses, non-forgiving type.

And, this doesn’t only apply to cash. But, securities, real estate, coins and all other assets. Any value over the magic base amount of $15,000 is subject to tax.

The granny gift tax has exceptions and exemptions. They will be covered in a separate article. The purpose of this informational resource was to point out the gift amount. And alert you to the possible tax consequence, should you go above the maximum.



Senior Outreach Ministries achieves it’s objectives with the capital we’ve either earned or received from donors. The Proud 2 B A Senior Ribbon for example. Donate $5, get a ribbon and help us help a hungry Senior Citizen in need. All proceeds remain in the Ministries to be used per our mission statement. We are a volunteer church. No one receives a salary or wage. Please help us help less fortunate hungry Seniors. We never have and never will ask the government for grants, funds or hand outs. Thank You in advance.

Medicare For All a.k.a. Promises, Promises

Medicare For All a.k.a. Promises, Promises

Medicare for all is in the news, again. With every Democratic politician promising to have such a program in force during their presidential administration. That is easier said than done. Keep in mind, tinkering with these resources for seniors isn’t as easy as what sounds good.

The obvious stumbling block is one of those candidates has to first be elected. But, whether they are or are not is not the focus of this article.

The second most obvious stumbling block is the definition of Medicare for all. A person would not think there could be more than one definition. They would be wrong. After all, this isn’t really about seniors and their health.

A look at the proposals says there isn’t one, two or three, there are multiple definitions. The candidates are on record stating their position. The easiest way to learn the multiple definitions is to google each candidate. Their platform is laid out on their website.

For example, one proposal calls for the elimination of private health insurance companies. This sounds good and may even look good on paper but the reality is exactly the opposite.

Why?

The private health insurance companies are the providers of record for Medicare Advantage contracts, Prescription Drug Coverage and much of the bill processing for the entire program. This means just the claims processing portion of Medicare would be severely impacted.

No one has anything to say about rectifying all the errors that would arise with the private health insurance companies completely eliminated from the Medicare landscape. Neither has the denial of service aspect been addressed with the removal of the private sector.

Couple this scrambled egg proposal with the single payer concept. The government would be responsible to pay for all of the health care. However the doctors, hospitals and other health care providers would remain private. Imagine the Mardi Gras atmosphere under that scenario.

Throw in the public option system and another set of holy cows enters the picture. Would this option be open only to people over a certain age? Would it be open to all consumers buying coverage through a public exchange? Is there be a cap on premiums?

Final Thoughts

You do not have to be a rocket scientist to conclude the Medicare for all suggestion is still a suggestion designed to get votes and campaign contributions. Should this concept be taken seriously?

The answer is probably yes given the rapid advancements being made in medicine. Unfortunately the how to pay for this program still has way too many bugs. Medicare for all may indeed be the solution to the health insurance coverage in the United States. But the bottom line is It needs serious committed minds to flesh it out.



Senior Outreach Ministries achieves it’s objectives with the capital we’ve either earned or received from donors. The Proud 2 B A Senior Ribbon for example. Donate $5, get a ribbon and help us help a hungry Senior Citizen in need. All proceeds remain in the Ministries to be used per our mission statement. We are a volunteer church. No one receives a salary or wage. Please help us help less fortunate hungry Seniors. We never have and never will ask the government for grants, funds or hand outs. Thank You in advance.

Medical Alert Systems For Seniors

Medical Alert Systems

The universal tag line for medical alert systems is “help me, I’ve fallen”. It comes from the uncountable television ads with an older person lying on the floor and saying them into a device.

It appears these resources for seniors no longer need you to speak at all. They come equipped with a sensor that sends a signal to a notification device when it senses you have fallen.

And we all know falls can be detrimental to your health and wellness.

The notification device, depending on your plan, and there are a myriad number of plans being offered, will notify a list of pre-entered names and phone numbers or a central monitoring dispatch center.

The names can be of friends and/or relatives. The device alerts your local emergency service system if the people on your list don’t respond.

As you might imagine the key difference between the two systems is price.

Monitored systems carry a monthly charge. And you’ll be charged for the device. Plus there may be activation fees and a minimum commitment via a contract.

Different Systems Mean Different Features

Each company’s medical alert system(s) has different fee structures. And different charges and services. All notify someone or an emergency responder. But the costs will vary. And so will the types of services.

This shouldn’t be a deterrent to anyone considering a medical alert system. After all, as we age we sometimes lose our balance more often, slip in the shower or bathtub or trip over what we thought was a flat rug with no tripping wrinkles.

You might be thinking, well I live with my spouse so I don’t need one. That isn’t always true. Your spouse may have just exited the home to run an errand. Or do the weekly grocery shopping, or to visit a friend when you fall.

A system that connects to their mobile phone may be your life saver. When he or she sees the message that you have fallen and can’t get up, they can immediately abort the trip and come back home. The simple act of pushing a button in that instance could mean the difference between a lengthy hospital stay or a helping hand to get back up on your feet.

Some Final Thoughts on Medical Alert Systems

There are really only three questions to ask yourself when making an alert system decision. First, do you want a home based or mobile system? Second, should you have a monitored or non-monitored system? And, third, should it have a fall detection feature?

Remember, medical alert systems come in various packaging. Only you know what is right for you.



Senior Outreach Ministries achieves it’s objectives with the capital we’ve either earned or received from donors. The Proud 2 B A Senior Ribbon for example. Donate $5, get a ribbon and help us help a hungry Senior Citizen in need. All proceeds remain in the Ministries to be used per our mission statement. We are a volunteer church. No one receives a salary or wage. Please help us help less fortunate hungry Seniors. We never have and never will ask the government for grants, funds or hand outs. Thank You in advance.

Funeral Planning Pt. 3 — After The Funeral

Funeral Planning Pt. 3 — After the Funeral

Funeral Planning – after the funeral may be the most stressful of all three phases. Yes, the funeral will be emotional. But what follows the funeral is a lot of leg work. And a lot of leg work means a lot of stress.

Death certificates will play a major role in the below list of activities you will face. Experts in the field say you should order a dozen certified duplicate death certificates. You should also be prepared to pay upwards to $20 a copy.

The government never misses a trick to make a few bucks. They are available through your local vital statistics office. Or the county clerk, local records office or city hall. The location depends on where you live.

Funeral planning –after the funeral should include the sending of thank you notes. A contact list was probably gathered at the funeral home. They usually have people sign a register.

Social Security should be a priority. If the deceased was receiving benefits they must stop. If you have a good funeral director he will notify Social Security. You can always call SS at 1-800-772-1213 or go by your local SS office.

Their rules could cost you more than the benefit amount if not reported timely. And, you may be eligible for a one-time $255 payment or other benefits. Don’t let that slip.

The List Gets Longer

If your loved one received Medicare, Social Security will inform the program of the death. That doesn’t hold true for the deceased’s Medicare Prescription Drug Coverage (Part D), Medicare Advantage plan or Medigap policy. You should contact these plans at the phone numbers provided on each plan membership card to cancel the insurance.

If the deceased was working employment benefits may be waiting for you. Contact the employer for information about pension plan, credit unions and union death benefits. You will need a death certificate for each claim.

Life insurance and health insurance are probably in the picture. Notify the health insurance company or the deceased’s employer. Some health plans allow for dependents to remain covered after the employee dies. Ask.

Life insurance companies will have you complete appropriate claim forms plus supply a death certificate. If you have a policy and the the deceased was listed as your beneficiary, arrange to have the name removed.

You may wish to terminate other insurance policies*.* If so, contact the providers.

Obligations Beside Insurance Matters

Depending on the size of the estate a meeting with a probate attorney may be on your agenda. The executor should choose the attorney. Probate can be a migraine if you don’t know what you are doing. Take the advice of counsel and save a lot of frustration.

Make certain the executor or estate administrator has a list of important bills. They still must be paid promptly.

The deceased may have dealt with financial advisers, stockbrokers, and others in the investment world. The important point to know is the beneficiary of the account.

Mortgage companies and banks should also be on the notification list. Hopefully your loved one left a list of accounts, including online passwords.

Always close credit card accounts even if there is a balance owed. You will have to pay the balance but nobody can hack that account.

This is important and many people don’t know about it. Notify credit reporting agencies. Doing so minimizes the chance of identity theft. Then wait about six weeks and check the deceased’s credit history. That will tell if any fraudulent accounts have been opened.

Tell the DMV so they can cancel the deceased’s driver’s license*. *This also helps prevent identity theft.

More accounts that should be closed to prevent fraud or identity theft are email and website accounts. Do not forget about social media and other online accounts.

Another important agency to contact is the election board or registrar of voters. This is one more step to prevent identity theft. As well as voter/election fraud.

You should cancel memberships in organizations. Sororities, fraternities, professional organizations, etc., to which the deceased belonged.

One Last Contact

Uncle Sam and your state income taxing agency will still want a return from the individual. Therefore, you’ll want to contact a competent tax preparer. Let him or her walk you through the process. The last thing you must do is get wrapped up with one or both of these agencies.

Funeral planning – after the funeral may be the most stressful of all three phases was my opening sentence. If you read this far, I’d bet a dollar to a donut you agree.

Funeral Planning — Pt. 1 | Funeral Planning — Pt. 2



Senior Outreach Ministries achieves it’s objectives with the capital we’ve either earned or received from donors. The Proud 2 B A Senior Ribbon for example. Donate $5, get a ribbon and help us help a hungry Senior Citizen in need. All proceeds remain in the Ministries to be used per our mission statement. We are a volunteer church. No one receives a salary or wage. Please help us help less fortunate hungry Seniors. We never have and never will ask the government for grants, funds or hand outs. Thank You in advance.

Funeral Planning Pt. 2 — Funerals

Funeral Planning pt. 2 — Funerals

Funeral Planning pt. 2 the funerals will talk about the second phase of the funeral process. That is the funeral itself.

The first article titled Funeral Planning was an overview introduction into the total event. The second phase, funerals, on its face, sounds like a by itself event. For the deceased person, it is.

But, it could be a nightmare for the living.

Funeral planning – the funeral encompasses decisions many of us don’t or won’t ever think of. For example, organ donation. If the deceased is donating their organs that information will be on their driver license. Or, in their advance health care directive.

These organs have to be harvested almost immediately at death. If the deceased died in a hospital, they have a coordinator to guide you through the process.

Should the deceased be in a nursing home or hospice or elsewhere, contact your nearest hospital. Almost all hospitals have staff who will help. They answer questions and provide guidance at no cost.

Contacting immediate family members is common sense. However common sense may not be common at this time. Someone needs to be delegated to complete this chore.

Bequeathal is one of those items very rarely discussed at family gatherings. However there are people who donate their body to medical schools. Please respect those wishes.

The next of kin, by the way, can donate the body too. But the decision needs to be made as early as possible. And the reason is obvious.

The Least Enjoyable Part

The 800 pound gorilla in the room is the funeral cost. What the deceased requested can end up being offset by what can you afford. Or, what’s realistic.

Maybe the question what will help the family the most is the most important question. Only you can decide given your set of circumstances.

Costs vary by region. A funeral costing $6000 in Kansas is $13,000 in California, for example. The total estimated average cost across the United States is a little over $11,000.

Obviously there are some items on the list that may be pared away. Subsequently reducing the total outlay. Furthermore, each case is different and stands on its own particular factors.

There are other final expense estimates that will be addressed in After the Funeral – Part Three. For the moment let the above estimates sink in.

Funerals can be frustrating, stressful, annoying and irritating. For everyone involved unfortunately. But it has to be done. How you perform the necessary tasks can eliminate these feelings. And even leave you with a feeling of warmth. Just knowing you did the best you can do under the circumstances.

Funeral Planning – Pt. 1 | Funeral Planning – Pt. 3



Senior Outreach Ministries achieves it’s objectives with the capital we’ve either earned or received from donors. The Proud 2 B A Senior Ribbon for example. Donate $5, get a ribbon and help us help a hungry Senior Citizen in need. All proceeds remain in the Ministries to be used per our mission statement. We are a volunteer church. No one receives a salary or wage. Please help us help less fortunate hungry Seniors. We never have and never will ask the government for grants, funds or hand outs. Thank You in advance.

Funeral Planning Pt. 1 – It Must Be Done

Funeral Planning Must Be Done

Funeral and Planning aren’t common words in too many households. Especially used together. And we are aware. This is even true in households that plan their next vacation down to the last minute.

We have no problem planning children’s education, a night out and/or family vacations. Many of us even take care of retirement planning. But, we conveniently forget about the day all of us will visit. Senior Outreach Ministries does not say this should be your most important plan. It says it should be one of your plans.

You can start anywhere in the funeral planning process. But know there are three phases. Pre-funeral, funeral and post-funeral. Right now you are pre-funeral. And that’s a good thing, right?

So, a good starting point is making your wishes known to your next of kin. Because some folks want to be buried. And some folks want to be cremated. Don’t let the person planning your funeral deal with this detail and have to guess your preference.

Talk to your survivors while you are still alive. Learn how many people will be involved. And never leave all the chores at the feet of one person. Unless it’s absolutely necessary.

A funeral isn’t the time to learn no one is willing to help. Because, that’s obviously bad timing. And you want to know that beforehand. So you can act accordingly. And if one person is carrying the funeral planning load make it as easy as possible.

A myriad of documents will be involved:

  1. Death Certificate
  2. Social Security Card
  3. Marriage Certificate
  4. Birth Certificate
  5. Divorce Decree
  6. VA Card
  7. Driver License
  8. Vehicle Registration
  9. Bank Accounts
  10. Passport
  11. Insurance Policies
  12. Discharge Papers
  13. Income Tax Forms
  14. Loan Contracts
  15. Credit Card Accounts

Other not so common documents include:

  1. Will
  2. Durable Power of Attorney
  3. Advance Directive
  4. Living Will
  5. Probate
  6. Health Proxy

So make sure the person or people handling this for you has access to as many of these documents as possible.

Don’t be surprised if your local jurisdiction requires its own set of documents. Death is certain but only the government makes it final.

This article did not address the second or third phase. And we did this on purpose. They each have their own articles. Each phase is an important phase. And deserves its own place on the carousel of life.

Accepting that the day will come for all of us is actually the very first and most important step. None of us know that date. And most of us don’t want to think about it. But, we all know it can be tomorrow or even today.

Funeral planning doesn’t have to be what kills you. Because it’s nothing more than preparing the living for a smooth transition. And tidying up all the loose ends. It’s far better for all remaining parties. So make sure the details are addressed and addressed correctly. Because, if nothing else, you’ll rest easier.

Funeral Planning — Pt. 2 | Funeral Planning — Pt. 3



Senior Outreach Ministries achieves it’s objectives with the capital we’ve either earned or received from donors. The Proud 2 B A Senior Ribbon for example. Donate $5, get a ribbon and help us help a hungry Senior Citizen in need. All proceeds remain in the Ministries to be used per our mission statement. We are a volunteer church. No one receives a salary or wage. Please help us help less fortunate hungry Seniors. We never have and never will ask the government for grants, funds or hand outs. Thank You in advance.

Original Medicare New App: What’s Covered

Original Medicare New App: What’s Covered

Original Medicare has a new trick up it’s sleeve. And, it’s a good one. The Centers for Medicare and Medicaid Services (CMS) has joined the 21st century with their new app. It’s called “What’s Covered”.

Consumers will now experience direct access on a mobile device. And access to some of the most used content on Medicare.gov. So, recipients and caregivers, can quickly see whether Medicare covers a specific medical item or service. And how much it costs.

And what this means to consumers is astonishing. A patient at their doctor’s office will get accurate coverage information. In real-time nonetheless. And the same holds true for hospital patients. Or anyone else with a mobile device anywhere they happen to be.

And the app doesn’t replace Medicare.gov or their toll free number, 1-800-MEDICARE. So, people without mobile devices can still get the information they seek. Having what original Medicare covers at you fingertips, makes life easier and quicker. But it doesn’t make it a replacement tool.

CMS is busy implementing new tools. Because it’s tough for seniors to figure out their coverage. Not to mention out of pocket costs. A new online service lets people quickly compare different coverage choices. And see how it will affect their out-of-pocket expenses for example.

There’s also new price transparency tools. Because this helps consumers compare the national average costs of certain procedures. And this is in addition to the new app displaying what original Medicare covers. Because we are dealing with important information. 

Another new added tool is a web chat option. It’s located in the Medicare Plan Finder. All the new tools come under the eMedicare initiative. This program is focused on modernizing Medicare. And, at the same time, empowering patients with information. So they get the best value from their coverage.

Original Medicare is Growing Exponentially

Medicare enrollment is expected to grow from approximately 54 million current beneficiaries to 80 million beneficiaries by 2030. And these new beneficiaries are already technology savvy. I wonder what happens when Medicare For All comes to fruition. If it ever does.

The new app displaying what original Medicare covers should be a walk in the park. So, when all the proposed initiatives are adopted, these folks will enjoy an information explosion unheard of.

And the most surprising aspect of these initiatives? It’s the fact they originate from an agency with the reputation of an old stodgy government organization. Not to mention, one that moves at the speed of rust. These times change and apparently they are changing for the better.

You can get the app for free from both Google and Apple. Visit the respective website and download the app for you:

Google Play

https://play.google.com/store/apps/details?id=gov.medicare.coverage&hl=en_US

Apple App Store

https://itunes.apple.com/us/app/whatscovered/id1444143600?mt=8

The new app displaying what original Medicare covers is just the beginning for the soon to be senior citizen of the future. The person Senior Outreach Ministries ordained as a pre-sene.



Senior Outreach Ministries achieves it’s objectives with the capital we’ve either earned or received from donors. The Proud 2 B A Senior Ribbon for example. Donate $5, get a ribbon and help us help a hungry Senior Citizen in need. All proceeds remain in the Ministries to be used per our mission statement. We are a volunteer church. No one receives a salary or wage. Please help us help less fortunate hungry Seniors. We never have and never will ask the government for grants, funds or hand outs. Thank You in advance.

An Important Social Security Factoid

An Important Social Security Factoid

The important social security factoid is: Actuarially Neutral (AN).

I can hear you asking, “What in the world is actuarially neutral ?” Good question. Let me answer it.

All AN boils down to is the simple fact the program is indifferent to whether people tend to claim benefits before full retirement age or after full retirement age. So, you see, on average the increase people receive from claiming later should be roughly offset by the fact they’ll receive fewer monthly payments.

An Important Social Security Factoid, Claiming Social Security

Stated another way, if a senior citizen starts his SS monthly check when he is 62 he is 8 years ahead of the person who starts at age 70. He will get less in his monthly check than if he waits until he turns 70. Because, actuarially speaking, he starts drawing his checks earlier. I bet you can guess what that means. You guessed right, it means a lower amount.

No One Alive Knows That

Obviously the kicker in this scheme is nobody knows when they will die. The person taking his monthly check could outlive the person waiting till 70. So, the larger check at 70 won’t mean a thing in the overall picture.

The government bean counters wanted to be certain everyone would receive as close to the same amount as possible over their lifetime. Hence they created a sliding scale with the first eligible age to collect being 62.

If both parties live to be 80 years old, AN tells us both would have received the same amount over the number of years they collected their Social Security. Of course the numbers will be slightly different based on income factors. But, in theory they will be close.

This isn’t a tome on factors to consider in enrolling into the social security program. It’s merely a brief explanation on the underlying thought/principle that went into constructing the payout schedule. For more factors you may also want to read: Factors to Consider When Claiming Social Security.



Senior Outreach Ministries achieves it’s objectives with the capital we’ve either earned or received from donors. The Proud 2 B A Senior Ribbon for example. Donate $5, get a ribbon and help us help a hungry Senior Citizen in need. All proceeds remain in the Ministries to be used per our mission statement. We are a volunteer church. No one receives a salary or wage. Please help us help less fortunate hungry Seniors. We never have and never will ask the government for grants, funds or hand outs. Thank You in advance.

703 Retirement Plan

703 Retirement Plan

You may have received emails or seen ads talking about the 703 retirement plan. If you are like me, when you saw that weird looking retirement plan you wondered what the heck is it all about.

703 Retirement Plan, Saving for Retirement, Retirement Topics

As it turns out the author of the email or ad is using a clever twist of words to entice you to subscribe to a particular email newsletter. They can’t just say, hey, subscribe to my newsletter for $XXX a year because nobody would sign up. So, they use a bit of intrigue/curiosity.

The 703 plan is what the real investment world calls a Dividend Re-Investment Plan or DRIP. It has several moving parts.

The first is you must own a stock that allows you to reinvest the dividend into buying more shares instead of taking the dividend in cash. For example fictitious company JXN allows you to DRIP.

They pay a quarterly dividend of $1 per share. And you own 200 shares. Rather than taking the $200 in cash you use those dollars to buy more shares of JXN. As you might guess more shares means you have increased your holding. Plus your dividend will be larger next quarter because you have more shares.

And now for the second moving part. Most brokerage companies charge a fee to reinvest your dividend. Oops, you’ve just decreased the number of shares your $200 will buy. No worries. The 703 plan shows you how to bypass your broker and save the fee and/or commission charge.

Semi-Related Investment Info

All you have to do is subscribe to the newsletter being offered and you’ll learn the secret bypass method. Well, I say, simply click on this link or the title and download the information without subscribing to anything. I titled it, “The D.R.I.P.”.

And to bolster your investment library click this link, or the title, to get a second primer, “And Capital Appreciation Too”. Both are 100% free!

You are welcome to subscribe to our newsletter by >>CLICKING HERE<< but you don’t have to. Simply click the links in the above paragraphs and you’ll get the reports. It’s that easy. We think you should put that information to use whether you’re a member we email our newsletter twice a month or not.



Senior Outreach Ministries achieves it’s objectives with the capital we’ve either earned or received from donors. The Proud 2 B A Senior Ribbon for example. Donate $5, get a ribbon and help us help a hungry Senior Citizen in need. All proceeds remain in the Ministries to be used per our mission statement. We are a volunteer church. No one receives a salary or wage. Please help us help less fortunate hungry Seniors. We never have and never will ask the government for grants, funds or hand outs. Thank You in advance.