Lenox Book of the Month: Essentialism by Greg McKeown

Lenox Book of the Month: Essentialism by Greg McKeown


The Way of the Essentialist is about getting only the right things done - not "everything" done.  It is a systematic approach to deciding what is absolutely essential, then getting rid of everything that is not, so we can focus on the things that really matter.  

By being more selective and doing only what is Essential, the pursuit of less allows us to reclaim control of our own choices about where to spend our limitted time and energy – instead of giving others permission to choose for us.

Essentialism is whole new way of doing everything. A must-read for anyone  who wants to do less, but better, and declutter and organize their own their lives, Essentialism is here.

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Past Performance is not indicative of future results.

 

This blog is limited to the dissemination of general information pertaining to its investment advisory/management services. This is not intended to be personalized investment advice. Please contact a Lenox adviser if you would like additional information.

Lenox Non-Profit of the Month: Down Syndrome Association of Cincinnati

Lenox Non-Profit of the Month: Down Syndrome Association of Cincinnati

Lenox Non-Profit of the Month: Down Syndrome Association of Cincinnati

 

The mission of the Down Syndrome Association of Greater Cincinnati is to empower individuals, educate families, enhance communities and together, celebrate the extraordinary lives of people with Down syndrome.

They EMPOWER individuals with Down syndrome by providing a variety of programs and resources that promote self-determination and self-advocacy as they make choices in life, work and relationships. The DSAGC guides families in navigating and coordinating the resources and services necessary at every step of development as they construct a fulfilling life for their child. This includes emotional support, information, education, programs and connections.

The DSAGC coordinates EMPOWERMENT CLASSES, which are small group programs that provide individuals with Down syndrome and their families opportunities to build important skills, while also connecting with others. A few of their programs include sign language, book clubs, physical therapy, cheerleading, music therapy, fitness, cooking, employment skills, healthy relationships and so much more.

Many families are overwhelmed by the potential challenges and complicated maze of information that is ahead of them. The DSAGC provides quality support and information through educationalprograms, networking opportunities and encouragement. These resources help families anticipate and navigate the next steps in their journey.

As individuals with Down syndrome become more integrated into our community, there is a greater need for public education and acceptance. The DSAGC cultivates relationships and builds awareness among healthcare professionals, teachers, community leaders, neighbors, legislators, employers and others so that anyone who influences the lives of individuals with Down syndrome will welcome them with fairness, enthusiasm and encouragement.

Their HEALTH INITIATIVES collaborate with medical professionals to provide accurate information on Down syndrome and related health issues to ensure families and caregivers receive the support and services they need. In addition to providing the current healthcare guidelines for Down syndrome, a key focus of this program is educating and coaching professionals on how to appropriately deliver a diagnosis of Down syndrome, either prenatally or post-birth. The DSAGC is also placing an increased focus on health issues related to aging and Alzheimer’s disease.

The DSAGC engages in ADVOCACYon behalf of children and adults with Down syndrome, their families and the Down syndrome community at large. This includes educating legislators, advocating for issues that positively affect the Down syndrome community, and involving members of the Down syndrome community in legislation and change. Recent significant victories include the passing of the federal ABLE Act and the Pro-Information Act in Ohio. Current focus areas include the ABLE to Work legislation, which will allow adults with disabilities to work without losing essential benefits; as well as ending discrimination on organ transplant waitlists for individuals with disabilities in Ohio.

Their EMPLOYMENT OUTREACH encourages businesses to hire adults with Down syndrome by being a catalyst for inclusive employment and workplace diversity. In addition to fostering employment skills in adults with Down syndrome, the DSAGC also helps businesses explore the value and benefits of hiring adults with Down syndrome. Some of the adults they serve are entrepreneurs and artists, and others work at law offices, banks, restaurants, grocery stores and other businesses.

Their EDUCATION OUTREACH efforts ensure teachers, staff, peers and families have the knowledge and resources to help students with Down syndrome receive the academic support and community inclusion necessary to succeed. This includes peer presentations, staff trainings, school district ambassadors, and more.

In addition to the many direct services they provide, the DSAGC is also honored to showcase and celebrate the achievements, contributions and individuality of people with Down syndrome.

The DSAGC coordinates numerous FAMILY EVENTS that create opportunities for social connections and networking. These events provide exciting and enjoyable activities for a wide range of interests and life stages at little to no cost. Signature events include the Winter Dance, Summer Picnic, Holiday Party and our largest event, the BUDDY WALK. Numerous smaller events throughout the year provide opportunities for additional connection.

The DSAGC also fosters connections among families through COMMUNITY GROUPS. Many families desire a connection with others who are on a similar journey. The DSAGC coordinates more than 15 groups based on geography, birth year or special interest. These groups offer support, connection and information - all while creating warm, welcoming and empathetic environments in smaller networks. They allow families to share common interests, concerns, challenges and information. Led by volunteers, these groups are a vital extension of the DSAGC and allow us to effectively meet the varied needs throughout our 12-county service area.

The DSAGC also coordinates SOCIAL CLUBS for adults with Down syndrome. These groups help foster friendships, leadership skills, independence and community engagement.

The NATIONAL DOWN SYNDROME ADOPTION NETWORK (NDSAN), a program of the DSAGC, provides information to birth families who may be seeking alternatives to parenting as they prepare for the arrival of their child. Making an adoption plan for a child with Down syndrome is a loving choice and can be the right decision for some families. The program’s mission is to ensure that every child born with Down syndrome has the opportunity to grow up in a loving family. The NDSAN also provides support to parents who wish to adopt a child with Down syndrome. Although the NDSAN operates independently, the DSAGC provides a great deal of logistical, advisory and financial support to the NDSAN.

Want to learn more? Visit www.dsagc.com.

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What I'd Tell My 25-Year-Old Self About Money

What I'd Tell My 25-Year-Old Self About Money

What I’d Tell My 25-Year-Old Self About Money

The answers might surprise you.

 

When we’re young, we don’t want to hear it.  When we’re older, we can’t wait to give it.  Advice, that is.  Speaking of which, one of our favorite questions to ask friends, clients and our own team of Lenox financial advisors is, “what would you tell your 25-year-old self about money.”  Below are recent responses.  Some you might expect.  Some might surprise you.

 

I would tell my younger self...

 

“Start saving earlier.  I wish someone had told me to do so.  Nobody really talked about it.  And, we didn’t have SEPS, IRAs or 401(k) plans when I was 25.”

We’ve said it before and we’ll say it again, if you don’t know about the compounding of money (aka the time/value of money) learn about it and put it to your advantage sooner rather than later. Starting in your late 20s to routinely stick away even a small percentage of your monthly income will amount to a significant amount of money when you’re ready to retire.

 

“Don’t rely on the government to fund your retirement.”

For years, the federal government has warned that the Social Security trust fund will run out of money by year 2034 or thereabouts, meaning that annual benefits will not be available to future generations or not in the amounts people are expecting to receive.  Workers currently ages 37 to 55, might have the most to lose while lawmakers try to figure out how to handle the insolvency of the Social Security program.  Today’s millennials will face the same uncertainty unless policy changes are put into effect that will improve the picture by the time they plan to retire.  To be safe, do not count on Social Security when planning for retirement.

 

“Maximize your 401(k) contributions.”

If your employer offers a 401(k) plan, enroll in it! Many employers offer matches if you contribute to it – this is FREE MONEY, take it.  When you consider the power of free money and compounding returns at age 25, it will cost you substantially less to save now for retirement, vs if you wait until you’re older. 

 

“Make sure you are financially self-sufficient at every age, separate from your spouse.”

One thing you realize as you get older is that life can change in a matter of seconds.  Illness, an accident, divorce, loss of your job, a family hardship –– any or all of these events can alter life in ways we never imagine when we’re young, healthy, and things are going well.  However, when life gets turned upside down for whatever the reason, it is all the more important to understand your personal finances, know where important documents are located, have a relationship with a trusted financial advisor you can call for guidance and, above all else, be prepared to take financial charge of your future.

 

“Make yourself a priority.  Don’t wait until you’re old to enjoy life or to do things for yourself.”

This person followed with, “On the other hand, don’t be stupid either... don’t blow your income or waste money.”  It gets back to your finances –– like life –– being a constant balance between being responsible and enjoying the moment at hand... having fun without having regrets... being both pragmatic and playful.  While no one guarantees us tomorrow, we also may live to be 100.  Best we plan for both scenarios.

 

“Don’t spend your life trying to keep up with anyone else.”

It can be mighty tempting in our 20s to crave our friend’s awesome car, or to spend our last dollar traveling the world like our co-worker, or to buy more house than we need or can afford because the neighborhood we covet is the place to be.  Warning!  A habit of trying to “keep up with the Jones” can be financially devastating.  Envy is not only unattractive; it can be expensive.  Better to be yourself, live life by your own rules, and within your means.

 

“Take care of your health.  Money doesn’t mean anything if you don’t have good health.”

Make decisions in your 20s that will help to ensure your healthiest life for decades to come.  No one is suggesting you need to be perfect, but a healthy lifestyle –– not smoking, moderate drinking, regular exercise, a healthy diet, a curious mind, strong values, time with family and friends –– will pay off time and again in your personal life, career advancement and financial life.

 

“Don’t worry so much about money.”

We heard this idea expressed in a number of ways.  “No need to obsess and fret constantly –– everything will work out okay.”  “Life is going to unfold as it will. As long as you’re doing your best, you’re doing all you can.”  “You don’t need to get everything you want right away; you have your whole life to save up for things.” 

 

Have some advice you’d tell your 25-year-old self?  We’d love to hear what you have to say.  Send us your thoughts at info@lenoxwealth.com and we’ll post them in a future blog. 

 

 

At Lenox, we enjoy and work closely with Millennials, single or married, to help guide them in every aspect of their financial life –– from setting financial priorities, to eliminating debt, establishing budgets, career planning and coaching, funding education, retirement planning, and working through financial hurdles –– the entire realm of wealth creation, wealth building, and wealth management.  In every instance, we start with you, not your portfolio to help you FUND A LIFE YOU LOVE™.

 

If you’re ready to discuss financial, business, career and life planning that will allow you to Fund a Life You Love®, we’d love to tell you more.  Let’s talk.  It’s your tomorrow. Call us for a complimentary 1-hour review.  Call 513.618.7080 or visit www.lenoxwealth.com to Fund a Life You Love.

 

Past Performance is not indicative of future results.

 

This blog is limited to the dissemination of general information pertaining to its investment advisory/management services. This is not intended to be personalized investment advice. Please contact a Lenox adviser if you would like additional information.

Setting Financial Priorities When Everything Is Important

Setting Financial Priorities When Everything Is Important

Setting Financial Priorities When Everything Is Important

Where to start and why.

 

Let’s say you’re in your 20s or 30s, and you’re trying to figure out what you should be saving for first, why, and how you’re going to do it.  If you’re like most people your age, you’re looking at a combination of paying off student loans, saving for retirement, wanting to buy your first home or a larger one, possibly going back to school for another degree, moving and changing careers, or simply having fun. Throw kids into the mix and you need to save for their education, plus cover the overall costs of having a family.

 

With all of this on your financial plate, it’s easy to throw up your arms and to not want to think about any of it.  That’s the worst thing you can do.  Instead, realize life is a balancing act.  Then, sit down and set your financial priorities.  You can do it.  Our step-by-step guide below can help you get started.  Most important for you to remember is that you have an enormous advantage at this stage of life your age!  Even the smallest of actions you take now, then gradually increase and maintain over time can pay off royally for you.

 

A simple guide for where to start when it comes to setting financial priorities.

 

1.     List the expenses you will need (or will want) to cover over a lifetime.

Start with those we share above and then add others that matter to you personally, such as travel, starting your own business, helping family members financially, making charitable donations, etc.  You need a plan.  Putting it in writing helps to make it real.

 

2.     Make getting rid of debt your first priority.

Whether it’s credit card debt, student loans, or loans from family or friends hanging over your head, do your best to get rid of it at this stage of life.  Making monthly debt payments for years on end not only hinders your ability to save for anything else, but can prevent you from getting ahead financially in any number of ways.  For instance, debt load can affect your credit rating, make it harder to get a loan for necessities, and limit your capacity to save or invest.  Some people push debt so far down the road that they are still paying it off in their boomer years which, in turn, affects their ability to retire. NOTE:  While paying off debt, you’ll need to discipline yourself to live within your means and not incur additional debt.

 

3.     Next, build an emergency fund.

Because you never know when you might lose your job, get sick or hurt, or suddenly need money for things you can’t begin to imagine right now, you need to put money aside in an emergency fund.  The goal should be to build a fund of three to six months’ worth of living expenses.  And, make the fund strictly off limits for anything but an emergency.

 

4.     Begin saving for retirement.

It’s hard to think 30 to 40 years ahead, especially when there are so many things you’d love to spend money on today and tomorrow.  However, in your 20s and 30s is when you have time on your side.  If you don’t know about the compounding of money –- also known as the time/value of money –– look it up and see for yourself how putting away a small percentage of your income now is one of the most painless ways to grow your retirement nest egg. 

 

Experts recommend saving at least 15% of your income for retirement.  To help you meet that goal, take advantage of your employer’s 401(k) match or contribution.  For example, if your company contributes 4%, you only need to save 11% on your own.  Also, look beyond a bank savings account for savings vehicles that pay higher interest rates.

 

5.     Make a wise home purchase.

There’s a saying that “you make money when you buy a house, not when you sell it.”  In other words, use your head not your heart when purchasing a home.  For instance, buy in locations where you will be most likely able to sell your home with ease, be it on your timing or unexpectedly.  If you’re the handy type, buy a fixer-upper and reap the benefits at the front end by not paying for outside services and at the back end by enjoying a greater profit.

 

If you have children, consider buying where a good education can be found in public schools or via affordable private school options.  One young couple paid more than they had planned for their home, but with the public-school system so strong where they purchased, they will save more than $500,000 over the course of K-12 for their three children versus paying tuition at private schools.

 

6.     Start a college-savings plan for your kids.

With your debt payoff plan in place, emergency fund established, and retirement savings launched, it’s time to put money aside for college.  Maybe you’ve already started a college savings plan and, if so, kudos to you. If not, soaring college costs can appear overwhelming, so don’t hesitate to contact a financial advisor to discuss your best options.  One idea to discuss is having a 529 Plan, and the appeal the Plans have for grandparents as a means to contribute to their grandkids’ education and enjoy tax benefits, as well.

 

Look at setting financial priorities not as a burden, but as a path to financial peace of mind.  Then, get started.  It’s easier than you think.  And, the more you follow your plan, the easier it becomes to keep following it.  Discipline becomes a habit.  Success builds success.

 

 

At Lenox, we enjoy and work closely with clients in their 20s and 30s, single or married, to help guide them in every aspect of their financial life –– from setting financial priorities, to eliminating debt, establishing budgets, career planning and coaching, funding education, retirement planning, and working through financial hurdles –– the entire realm of wealth creation, wealth building, and wealth management.  In every instance, we start with you, not your portfolio to help you FUND A LIFE YOU LOVE™.

 

If you’re ready to discuss financial, business, career and life planning that will allow you to Fund a Life You Love®, we’d love to tell you more.  Let’s talk.  It’s your tomorrow. Call us for a complimentary 1-hour review.  Call 513.618.7080 or visit www.lenoxwealth.com to Fund a Life You Love.

 

Past Performance is not indicative of future results.

 

This blog is limited to the dissemination of general information pertaining to its investment advisory/management services. This is not intended to be personalized investment advice. Please contact a Lenox adviser if you would like additional information.

LENOX RECOMMENDS –– ARTICLES THAT CAUGHT OUR EYE / JUNE 2018

LENOX RECOMMENDS –– ARTICLES THAT CAUGHT OUR EYE / JUNE 2018

LENOX RECOMMENDS –– ARTICLES THAT CAUGHT OUR EYE / JUNE 2018

 

ENTREPRENEURSHIP

 

Walking Away Money

 

Ramona had a dream. She mostly enjoyed her current position, but wanted to write. She loved to write! And so, she and her husband came up with a plan…

 

 

MINDSET

 

Why You Should Stop Being So Hard on Yourself

 

If your friends said things to you that you say to yourself, would you be friends? We all could learn a little self-compassion for ourselves. Self-compassion- the new word for today!

 

 

PERSONAL GROWTH

 

6 Ways to Act on Your Ambition

 

“Success isn’t in the having. Success is in the doing” is just one of the enlightening statements in the following article. How we can push ourselves to succeed…is it through learning? Brainstorming? Take a read.

 

 

CHILDREN AND FINANCE

 

This Chart Should Convince Every Teen to Start Saving for Retirement

 

When should we start saving money? When we have our first job out of school?….or maybe, we should start sooner. The difference several years can make in our savings.

 

 

FINANCIAL PLANNING

 

6 Key Value Propositions a Good Financial Planner Can Provide For Clients Seeking A Better “Return On Life”

 

What makes a good Financial Planner? The belief is that a financial planner is all about spreadsheets. But what about what we WANT out of life? Perhaps an advisor can help with that too!

 

Past Performance is not indicative of future results.

 

This blog is limited to the dissemination of general information pertaining to its investment advisory/management services. This is not intended to be personalized investment advice. Please contact a Lenox adviser if you would like additional information.

LENOX Gives Back to Matthew 25 Ministries

LENOX Gives Back to Matthew 25 Ministries

LENOX Gives Back to Matthew 25 Ministries

Last Friday, Lenox employees took an afternoon to volunteer their time at Matthew 25 Ministries. After a brief tour of the facilities and learning about their mission and the gap they fill, we got to work!

Several of us worked in the paint department. We salvaged old, usable paint to be mixed with other usable paint, ultimately filling 5 gallon buckets to be shipped to various destinations around the world. Incredibly inventive way to reuse unused paint!

The others took to sorting old pill bottles to be reused out in the field.

Everyone left feeling energized by the great work Matthew 25 Ministries does. 

Thank you Matthew 25 Ministries!

http://m25m.org

 

 

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How to Bunch Deductions and Save Money

How to Bunch Deductions and Save Money

How to Bunch Deductions and Save Money

Check out Betty’s blockbuster savings!

 

As part of the new tax bill introduced in 2017, the Federal government doubled the standard deduction from $12,000 to $24,000, and an estimated 30 million US households lost the ability to itemize deductions like charitable contributions, property taxes, and mortgage interest.

For example, our friend “Betty” has $20,000 in itemized deductions each year ($5,000 in property taxes, $5,000 in charitable, $10,000 in mortgage deductions).

 

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Because the new standard deduction is $24,000, it no longer makes sense for her to itemize each year. She can just take the higher standard deduction – right?

Well, if Betty plans her taxes a little more carefully, there is an opportunity to use BOTH the standard deduction and the itemized deduction. As an example, in some cases, Betty can choose to pay her property taxes early/late and control what year in which they are paid. She also can decide to lump her charitable donations in every other year versus every year.

 

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The benefit of doing this, she is able to increase her itemized deductions by $12,000 over four years or roughly $3,000/year. This could save her anywhere between $400 and $1,200 per year in taxes just by being smart about how she uses the itemized deduction.

If you’re in a similar situation as Betty, let’s talk.  At Lenox, we pride ourselves on helping people make smart money moves at every opportunity.

 

At Lenox, we work closely with people of all ages to help guide you in every aspect of your financial life –– from wealth creation, wealth building and wealth management, to career planning and coaching, funds for education, retirement planning, working through financial hurdles, and more.  In every instance, we start with you, not your portfolio to help you FUND A LIFE YOU LOVE™.

If you’re ready to discuss financial, business, career and life planning that will allow you to Fund a Life You Love®, we’d love to tell you more.  Let’s talk.  It’s your tomorrow. Call us for a complimentary 1-hour review.  Call 513.618.7080 or visit www.lenoxwealth.com to Fund a Life You Love.

 

Past Performance is not indicative of future results.

 

This blog is limited to the dissemination of general information pertaining to its investment advisory/management services. This is not intended to be personalized investment advice. Please contact a Lenox adviser if you would like additional information.

You. Your Spouse. Your Budget.

You. Your Spouse. Your Budget.

You. Your Spouse. Your Budget.

7 strategies for marital and financial bliss

 

Anyone married for any length of time has likely noticed that marital bliss doesn’t always equal financial bliss.  Experts will tell you that money –– what to spend it on and how much –– is a top source of contention for married couples, especially newlyweds. 

What happens after the walk down the aisle?  In a nutshell, sharing, not only of income and other monies, but also your philosophical view when it comes to budgeting, saving and spending.

Simply put, the financial priorities and money habits you had as singles may have been quite different of one another.  It wasn’t a big deal when you were managing your own money, but now that you’re married and planning your financial future as a couple, getting on the same page in terms of saving, spending and budgeting can get a bit dicey at times.

 

Here are 7 strategies for more blissful budgeting and a happier financial marriage.

 

1.    Together, you and your spouse make one list of your monthly financial obligations.

These are the expenses you have to pay every month, such as your mortgage/rent payment, food, utilities, condo or other fees, car payments, insurance, taxes, healthcare, emergency monies, and savings.  Write them down to the exact dollar amount or as close to it as possible.  These take priority. Budget for these first and what’s left can be used toward #2 and #3 below.

 

2.    Make a shared financial priority list.

Here’s where you write down all of the things you’d like to have as a couple, both in the near and long term.  Included here might be your first or a larger home, new furniture, starting a family and associated costs (baby gear to college savings and everything in between), a dream trip, a second car, home improvements, etc.  To make these things become a reality, you’ll want to set aside at least some money each month and not touch it for anything non-essential.

 

3.    Individually, you and your spouse make separate lists of your personal wants.

Your lists might include anything from clothing and shoes, to artwork, hobbies, dining out, tickets to concerts or sporting events, travel, gifts, etc.  After covering your monthly financial obligations, consider putting aside a set amount of money for each of you to spend in any way you desire for items on your own lists.  Think of it as an adult allowance.  No questions asked.

 

4.    Outsmart your own budget.

If you’re not already a savvy shopper, become one.  It can be fun.  If you’ve always bought the name or luxury brand, consider trying the less costly version.  This applies to everything from wine to groceries, T-shirts to socks, bedding to towels, makeup to shoes, cleaning products to lawn gear, etc.  Most people are surprised at what they can save without sacrificing quality.  The old saying is true, “a penny saved is a penny earned”.

 

5.    Play the “what if” game.

Some young couples can get very creative when it comes to trimming costs and stretching their budget.  It usually involves a simple change of habit.  One couple we know plays the “what if” game.  For example, “what if instead of eating out the next month or two, we eat at home and not only save money but also make it fun by each of us taking turns preparing a new dish.”  Another example, “what if instead of buying any new, non-essential clothing items for the next three months, we shop our closets and push our fashion sense with what we already own.” (This latter example also led to a great closet purge and the sharing of items with people in need.)

 

6.    Be a bit crazy now and then.

Without blowing your budget, allow yourselves to spend money now and then on something you don’t need but would love to have.  A little “retail therapy” can go a long way, especially in celebration of a birthday, anniversary, special achievement, new job, etc.

 

7.    Ask us about our Lenox MONEY MIND™ Analyzer

All of us have a Money Mind®.   It’s determined by how we think and feel about money which, in turn, affects every financial decision we make in both our personal and work life.  There’s no getting around these inherent feelings we hold inside.  Instead, it’s critical that we understand and acknowledge them.  Doing so couldn’t be easier or more engaging thanks to our unique Money Mind® Analyzer tool.  In just minutes, you’ll gain insights you and your spouse can use for a lifetime.

Bottom line, the most important benefits of budgeting are learning what matters to each of you when it comes to money, and being aware of where your money is going each month.  This understanding alone can help you and your spouse to avoid making impulse purchases and have a happier financial marriage.

 

At Lenox, we work closely with people of all ages to help guide you in every aspect of your financial life –– from wealth creation, wealth building and wealth management, to budgeting and money management, career planning and coaching, funds for education, retirement planning, working through financial hurdles, and more.  In every instance, we start with you, not your portfolio to help you FUND A LIFE YOU LOVE™.

 

If you’re ready to discuss financial, business, career and life planning that will allow you to Fund a Life You Love®, we’d love to tell you more.  Let’s talk.  It’s your tomorrow. Call us for a complimentary 1-hour review.  Call 513.618.7080 or visit www.lenoxwealth.com to Fund a Life You Love.

 

Past Performance is not indicative of future results.

 

This blog is limited to the dissemination of general information pertaining to its investment advisory/management services. This is not intended to be personalized investment advice. Please contact a Lenox adviser if you would like additional information.

Snowbird Alert - Thinking About Retiring to Florida?

Snowbird Alert - Thinking About Retiring to Florida?

Snowbird Alert

Thinking about retiring to Florida?  Now may be the right time.

 

With many Cincinnati-based companies trading at 5-year lows, now could be a good time to look at Florida residency.  Here’s why...

It used to be that many corporate executives would work for 30 years in Cincinnati, retire to Florida, and in doing so, be able to avoid paying the dreaded Ohio state tax on their retirement plans and stock options. It was a huge planning opportunity, which could often save them several hundred thousand dollars in state taxes.

About 10 years ago, Ohio decided to rewrite the rules. They argued that if you earned your stock option in Ohio, then you should pay Ohio tax on the option. They then would calculate the Ohio tax due as the difference between the grant price of the stock option and the fair market value on the day you left Ohio.

So as an example, let’s say John Doe worked for P&G in Cincinnati for 30 years and then moved to Florida on January 1, 2018. Based on the stock price when he left, he would have “locked in” a stock price of $92. This means his next set of options due February 2019 would have Ohio tax due based on the difference of his $48 grant price and $92 (the price when he left Ohio), or $44.

Since January, P&G’s stock price has dropped to the low 70’s. Meaning if John Doe had decided to wait and move at the end of May, he could have locked in a price around $74. So, the state tax due on that same 2019 option would be the difference of his $48 grant price and $74, or $18.

In this case, the difference between January 1 and May 31 would save John Doe $26 in taxable income or almost $1.30 per each share in state taxes. Assuming he has a grant of 15,000 shares, this saves him almost $20,000 – just for this stock option! Imagine the impact it could have over his other 150,000 option shares…

So, if you have employer stock options and are seriously looking at retiring in Florida, you should run the numbers and see if this could make sense for you. Lenox is always happy to take a look and provide a second opinion.

 

At Lenox, we work closely with people of all ages to help guide you in every aspect of your financial life –– from wealth creation, wealth building and wealth management, to career planning and coaching, funds for education, retirement planning, working through financial hurdles, and more.  In every instance, we start with you, not your portfolio to help you FUND A LIFE YOU LOVE™.

 

If you’re ready to discuss financial, business, career and life planning that will allow you to Fund a Life You Love®, we’d love to tell you more.  Let’s talk.  It’s your tomorrow. Call us for a complimentary 1-hour review.  Call 513.618.7080 or visit www.lenoxwealth.com to Fund a Life You Love.

 

Past Performance is not indicative of future results.

 

This blog is limited to the dissemination of general information pertaining to its investment advisory/management services. This is not intended to be personalized investment advice. Please contact a Lenox adviser if you would like additional information.

Lenox Non-Profit of the Month: Starfire

Lenox Non-Profit of the Month: Starfire

Lenox Non-Profit of the Month: Starfire

Starfire has been working to build better lives for people with developmental disabilities since 1993. Their mission is to change the condition of social isolation that people with developmental disabilities face by connecting them to citizens who share their common interests and passions through their core work of community building. 

People with disabilities make up the largest minority in the country, though they are often left out of community life and go unseen by greater society. People with developmental disabilities are often segregated into separate programs and housing where their social connections are comprised primarily of paid staff and other people with developmental disabilities. Systemic congregation over the years has led to social isolation, resulting in feelings of loneliness and stress.

Starfire’s work happens directly one-on-one with people with developmental disabilities. Through their support, they deepen and build relationships between people with developmental disabilities and unpaid community members without disabilities in order to promote well-being and increased quality of life in our communities over time. In this way, Starfire builds greater social inclusion for people by broadening social networks. This leads to discovering unique volunteer and employment opportunities, membership in established community groups or by starting a new community initiative with ordinary citizens (community garden, hiking club, etc.)

Their success is seen in both their qualitative and quantitative outcomes:  

  • Watch Starfire’s stories
  • 89% of people with developmental disabilities served by Starfire attain a valued social role (volunteer position, complete a project, obtain paid employment) after ~150 hours in their core 1:1 model
  • 92% of the jobs attained by people with developmental disabilities served by Starfire come as a result of social connections made through their 1:1 work. Currently, 21 people with developmental disabilities are employed with competitive wages in 25 different Cincinnati businesses
  • 92% of people with developmental disabilities see an increase in their social network after 6 months in our program. 
  • 95% of people with developmental disabilities served by Starfire maintain previous community relationships after 6 months.
  • 86% of families of people with DD are active in building their family member with DD’s social networks. 

Starfire is dedicated to making a difference in people with developmental disabilities’ lives locally. They also scale their efforts by training outside disability organizations interested in making a transformational shift in their services and approach. 

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Past Performance is not indicative of future results.

This blog is limited to the dissemination of general information pertaining to its investment advisory/management services. This is not intended to be personalized investment advice. Please contact a Lenox adviser if you would like additional information.

June Lenox Book of the Month: 10% Happier

June Lenox Book of the Month: 10% Happier

In 10% Happier, Dan Harris takes an unexpected, funny, and skeptical journey through the different  worlds of spirituality and self-help, and discovers a way to get happier that is achievable.

A nonbeliever all his life, he found himself on a strange adventure, involving a  pastor, a self-help guru, and a group of brain scientists. Eventually, Harris realized that the source of his problems was the insatiable voice in his head, which had been his greatest cheerleader and toughest opponenet.

We all have a voice in our head. Harris stumbled upon an effective way to deal with it- meditation- something he always assumed to be either impossible or useless.

10% Happier takes us on a ride, leaving  us with a takeaway that could actually change our lives.

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Past Performance is not indicative of future results.

This blog is limited to the dissemination of general information pertaining to its investment advisory/management services. This is not intended to be personalized investment advice. Please contact a Lenox adviser if you would like additional information.

Protection | Which of 3 Money Minds Are You?

Protection | Which of 3 Money Minds Are You?

Which of 3 Money Minds® are YOU?

Meet Carol.  She’s a PROTECTION Money Mind.

 

If you haven’t already done so, click here for our MONEY MIND® Analyzer –- the quick online exercise that helps you take control of your financial future.

 

All of us have a Money Mind®.   It’s determined by how we think and feel about money which, in turn, affects every financial decision we make in both our personal and work life.  There’s no getting around these inherent feelings we hold inside.  Instead, it’s critical that we understand and acknowledge them.  Doing so couldn’t be easier or more engaging thanks to our unique Money Mind® Analyzer tool.  In just minutes, you’ll gain insights you can use for a lifetime. 

 

Simply answer a few quick questions, and our Money Mind® Analyzer tells you what your primary influence in life is and, thus, your dominant Money Mind –– commitment, protection, or happiness.

 

Carol took the Money Mind® Analyzer and found out she’s a “Protection” Money Mind.

Here’s the report Carol received.  Check it out. Think of all the ways she can use this information to make financial decisions, to understand her priorities about spending, saving and risk taking, and to better align her financial attitudes with her spouse, family members, and business associates. 

 

 

It’s your turn. Take the Money Mind® Analyzer, and see what you’ll learn about you.

 

The innovative Money Mind® Analyzer is one of many powerful tools that we are excited to bring you as part of our Financial Life (FinLife) experience.  Don’t miss this no-cost opportunity to gain valuable information you will reference again and again.

 

At Lenox, we work closely with people of all ages to help guide you in every aspect of your financial life –– from understanding your attitudes about money, to wealth creation, wealth building, wealth management, career planning and coaching, funds for education, retirement planning, working through financial hurdles, and more.  In every instance, we start with you, not your portfolio to help you FUND A LIFE YOU LOVE™.

If you’re ready to discuss financial, business, career and life planning that will allow you to Fund a Life You Love®, we’d love to tell you more.  Let’s talk.  It’s your tomorrow. Call us for a complimentary 1-hour review.  Call 513.618.7080 or visit www.lenoxwealth.com to Fund a Life You Love.

 

Past Performance is not indicative of future results.

This blog is limited to the dissemination of general information pertaining to its investment advisory/management services. This is not intended to be personalized investment advice. Please contact a Lenox adviser if you would like additional information.

Women & Money | 5 Inherent Habits to Celebrate

Women & Money | 5 Inherent Habits to Celebrate

At Lenox, we applaud women and their financial thought processes.  We encourage women to feel confident in what makes their thinking different than that of men, and to appreciate and continue to practice the highly commendable money habits that make their opinion so valuable.

Happiness | Which of 3 Money Minds® are YOU?

Happiness | Which of 3 Money Minds® are YOU?

Happiness | Which of 3 Money Minds® are YOU?

Meet Jack.  He’s a HAPPINESS Money Mind.

 

If you haven’t already done so, click here for our MONEY MIND® Analyzer –- the quick online exercise that helps you take control of your financial future.

 

All of us have a Money Mind®.   It’s determined by how we think and feel about money which, in turn, affects every financial decision we make in both our personal and work life.  There’s no getting around these inherent feelings we hold inside.  Instead, it’s critical that we understand and acknowledge them.  Doing so couldn’t be easier or more engaging thanks to our unique Money Mind® Analyzer tool.  In just minutes, you’ll gain insights you can use for a lifetime. 

 

Simply answer a few quick questions, and our Money Mind® Analyzer tells you what your primary influence in life is and, thus, your dominant Money Mind –– commitment, protection, or happiness.

 

Jack took the Money Mind® Analyzer and found out he’s a “Happiness” Money Mind.

Here’s the report Jack received.  Check it out. Think of all the ways he can use this information to make financial decisions, to understand his priorities about spending, saving and risk taking, and to better align his financial attitudes with his spouse, family members, and business associates. 

 

It’s your turn.  Take the Money Mind® Analyzer, and see what you’ll learn about you.

 

The innovative Money Mind® Analyzer is one of many powerful tools that we are excited to bring you as part of our Financial Life (FinLife) experience.  Don’t miss this no-cost opportunity to gain valuable information you will reference again and again.

 

At Lenox, we work closely with people of all ages to help guide you in every aspect of your financial life –– from understanding your attitudes about money, to wealth creation, wealth building, wealth management, career planning and coaching, funds for education, retirement planning, working through financial hurdles, and more.  In every instance, we start with you, not your portfolio to help you FUND A LIFE YOU LOVE™.

 

If you’re ready to discuss financial, business, career and life planning that will allow you to Fund a Life You Love®, we’d love to tell you more.  Let’s talk.  It’s your tomorrow. Call us for a complimentary 1-hour review.  Call 513.618.7080 or visit www.lenoxwealth.com to Fund a Life You Love.

 

Past Performance is not indicative of future results.

This blog is limited to the dissemination of general information pertaining to its investment advisory/management services. This is not intended to be personalized investment advice. Please contact a Lenox adviser if you would like additional information.

Lenox Non-Profit of the Month: Matthew 25 Ministries GROWTH

Lenox Non-Profit of the Month: Matthew 25: Ministries

Growth

Matthew 25: Ministries has grown rapidly in recent years, thanks to the generosity of their volunteers and donors. They have received an incredible outpouring of support for their disaster response efforts as well as their ongoing work with the poorest of the poor. As a result, they have been able to grow at an extraordinary rate, increasing distributions by more than 10% in just 2017.

Matthew 25: Ministries now ships more than 16 million pounds of aid a year—over 900 truckloads—helping more than 20 million people throughout the U.S. and around the world each year.

In order to continue reaching more people in need, Matthew 25 will be expanding their facilities in 2018. This multi-faceted expansion will allow them to accept more donations, welcome more volunteers, manufacture more products, and ship more truckloads of aid. More space will allow them to continue helping more people.

 

Matthew 25: Ministries programs fall into four major categories, all of which will benefit from this expansion:

Humanitarian Aid Distribution – providing basic necessities, lifestyle and living improvements, educational enhancements and micro-enterprise opportunities to the poorest of the poor. 

Disaster Relief Services  providing short and long-term relief, recovery and rebuilding support to disaster victims and areas suffering from catastrophic disasters.

Manufacturing – producing, repurposing or reusing donated products and supplies to further enhance distribution activities by increasing supplies of high-demand or high-need items such as paint, notebooks, pencils, sanitary supplies and medicine receptacles.

Special Programs – developing unique programs that enhance or enrich the activities described above such as the construction of new housing, the provision of clean water sources, the rebuilding or construction of schools or support for health and medical programs. 

 

In addition to these programming areas, Matthew 25’s Global Village experience fulfills Matthew 25’s commitment to education, by allowing guests to step inside a third world village and experience the living conditions and lifestyle of the poorest of the poor.

Individuals, families and groups of all types can reach out and touch the world through Matthew 25: Ministries. Matthew 25 welcomes volunteers 6 days a week at their Blue Ash facility. Matthew 25 welcomed more than 70,000 volunteers who donated over 174,000 hours of time in 2017.

 

Matthew 25: Ministries’ expansion includes: 

WAREHOUSE & PARKING EXPANSION - Matthew 25: Ministries’ 30,000 square-foot, 45-foot tall warehouse expansion will hold an additional 3,800 pallets of aid. They will be adding two more dock doors, which will increase their inbound and outbound capabilities and allow them to ship truckloads of aid faster. They will be installing new racking systems that will increase their storage capabilities in both their new and existing facility. They will also be expanding their parking lot to better accommodate their growing number of volunteers.

OFFICE EXPANSION - In order to provide more space for volunteers and staff, Matthew 25: Ministries will be relocating the majority of their offices to another part of their building and adding more office space. Most of the offices will be made out of shipping containers, which is both cost-effective as well as a unique representation of Matthew 25’s work, since the majority of their distributions are shipped in 40-foot ocean-going containers or semi-trailers.

ADDITIONAL IMPROVEMENTS - Matthew 25: Ministries will be creating a multi-purpose room that will enhance their capabilities to serve their donors and their community in new and exciting ways. They will also be building The Rev. Wendell and Michelle Mettey Chapel, honoring the vision and dedication of Founder and President Reverend Wendell Mettey. They will be adding many more cost saving and efficiency-enhancing improvements to their operations, including the installation of a solar system that will supply approximately 43% of the facility’s energy usage.

 

Each project has been carefully and purposefully planned to increase the impact they have on the poorest of the poor and disaster victims, allowing them to continue helping more people in need for years to come.

For more information regarding Matthew 25’s expansion, visit www.m25m.org/growth.

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Past Performance is not indicative of future results.

This blog is limited to the dissemination of general information pertaining to its investment advisory/management services. This is not intended to be personalized investment advice. Please contact a Lenox adviser if you would like additional information.

LENOX RECOMMENDS -- ARTICLES THAT CAUGHT OUR EYE / MAY 2018

LENOX RECOMMENDS -- ARTICLES THAT CAUGHT OUR EYE / MAY 2018

LENOX RECOMMENDS –– ARTICLES THAT CAUGHT OUR EYE / MAY 2018

What are we reading at LENOX?

 

BUSINESS

 

Why Coke, PepsiCo, and P&G Look Like Bargains

Keith Snyder of CFRA expects acquisitions to help the top line. P&G is buying the consumer-health unit of Merck KGaA _ (MRK.Germany) for $4 billion. The deal will add “significant scale overseas,” says a recent Wells Fargo Securities note. The stock yields nearly 4%. It might take a little while for better top-line growth to materialize. But, says Snyder: “I don’t mind sitting on a 4% dividend yield waiting for that to happen.”

 

WORK

 

Decoding millennials in the gig economy Six trends to watch in alternative work

There is reason for optimism as the Large Companies reduce their headcount by 50%! A recent 2017 study reports that overall self-employment is likely to triple to 42 million workers by 2020, with millennials leading the way. As people consider new forms of employment, many organizations are turning toward the growing alternative workforce segment and seeking to hire more workers off their balance sheets as part of a workforce ecosystem.

 

PERSONAL GROWTH

 

PRINCIPLES FOR SUCCESS: AN ULTRA MINI-SERIES ADVENTURE IN 30 MINUTES IN 8 EPISODES

Whatever success I’ve had in life hasn’t been because of anything unique about me—it’s because of principles that I believe anyone can adopt. I created this animated series to share them with you. Ray Dalio

 

TECHNOLOGY

 

3D Printing: Ship Shapes: New 3D Printing Research Aims To Rejuvenate Navy Gear

This is a must-see demo. We know these trends are coming. Will you wait too long to prepare for them?

 

MINDSET

 

Agility: Mindset Makeovers are Critical

The traditional mindsets of scarcity, authority, and high certainty no longer fit for everyone in today's fast changing world. They cause us to focus inward and backward, often losing sight of changes that are coming and opportunities. Making fundamental shifts to mindsets of lifetime growth, abundance, partnership and discovery allows us look confidently outward and forward, unleashing our highest potential. To prepare, Individuals need to increase their self-awareness to know who they are, and how and when they add the most value in a fast changing economy. Employees will need a robust combination of assessments, internal performance feedback and outside coaching to help them identify these unique gifts and grow them.

 

Past Performance is not indicative of future results.

This blog is limited to the dissemination of general information pertaining to its investment advisory/management services. This is not intended to be personalized investment advice. Please contact a Lenox adviser if you would like additional information.

Commitment | Which of 3 Money Minds® are YOU?

Commitment | Which of 3 Money Minds® are YOU?

Commitment | Which of 3 Money Minds® are YOU?

Meet Ted.  He’s a COMMITMENT Money Mind.

 

If you haven’t already done so, click here for our MONEY MIND® Analyzer –- the quick online exercise that helps you take control of your financial future.

All of us have a Money Mind®.   It’s determined by how we think and feel about money which, in turn, affects every financial decision we make in both our personal and work life.  There’s no getting around or ignoring these inherent and dominant feelings we hold inside.  Instead, it’s critical that we understand and acknowledge them.  Doing so couldn’t be easier or more engaging thanks to our unique Money Mind® Analyzer tool.  In just minutes, you’ll gain insights you can use for a lifetime. 

Simply answer a series of quick questions, and our Money Mind® Analyzer tells you what your primary influence in life is and, thus, your dominant Money Mind–– commitment, protection, or happiness –- followed by the other two options being your secondary influences.

Ted took the Money Mind® Analyzer and found out he’s a “Commitment” Money Mind.

Here’s the report Ted received.  Check it out. Think of all the ways he can use this information to make financial decisions, to understand his priorities about spending, saving and risk taking, and to better align his financial attitudes with his spouse, family members, and business associates.

It’s your turn.  Take the Money Mind® Analyzer, and see what you’ll learn about you.

 

The innovative Money Mind® Analyzer is one of many powerful tools that we are excited to bring you as part of our Financial Life (Fin Life) experience.  Don’t miss this no-cost opportunity to gain valuable information you will reference again and again.

 

Coming soon.

 

Watch for upcoming blog posts where we’ll feature a report showing what it means if you are a Protection Money Mind® or Happiness Money Mind®.

At Lenox, we work closely with people of all ages to help guide you in every aspect of your financial life –– from understanding your attitudes about money, to wealth creation, wealth building, wealth management, career planning and coaching, funds for education, retirement planning, working through financial hurdles, and more.  In every instance, we start with you, not your portfolio to help you FUND A LIFE YOU LOVE™.

 

If you’re ready to discuss financial, business, career and life planning that will allow you to Fund a Life You Love®, we’d love to tell you more.  Let’s talk.  It’s your tomorrow. Call us for a complimentary 1-hour review.  Call 513.618.7080 or visit www.lenoxwealth.com to Fund a Life You Love.

 

Past Performance is not indicative of future results.

This blog is limited to the dissemination of general information pertaining to its investment advisory/management services. This is not intended to be personalized investment advice. Please contact a Lenox adviser if you would like additional information.

Lenox Book of the Month: The Power of the Other by Dr. Henry Cloud

Lenox Book of the Month: The Power of the Other by Dr. Henry Cloud

Dr. Henry Cloud, author of Integrity, Necessary Endings, and Boundaries for Leaders identifies the crucial piece for personal and professional success, showing us that most successful people benefit from key personal and professional relationships that encourage us to grow.

Current thinking suggests that others should not have power over us, but, they do, for better or for worse. No matter how accomplished, bright, or sophisticated, the best leaders share one thing: the power of the others in their lives. 

In this book, Dr. Cloud shows us how to get more from ourselves. You may not have a choice whether or not others have power in your life, but you can pick the type of relationships you want.

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If you’re ready to discuss financial, business, career and life planning that will allow you to Fund a Life You Love®, we’d love to tell you more.  Let’s talk.  It’s your tomorrow. Call us for a complimentary 1-hour review.  Call 513.618.7080 or visit www.lenoxwealth.com to Fund a Life You Love.

 

Past Performance is not indicative of future results.

This blog is limited to the dissemination of general information pertaining to its investment advisory/management services. This is not intended to be personalized investment advice. Please contact a Lenox adviser if you would like additional information.

Happy, Safe "Home Sweet Home" As We Age

Happy, Safe "Home Sweet Home" As We Age

Happy, Safe “Home Sweet Home” As We Age

Check out these smart ways to age in place.

 

Is this you?  Your aging parent(s) want to remain in the house where they’ve lived for many years and where they are comfortable with memories, friends and neighbors.  No moving to a senior facility for them!  You want to be supportive but are worried they might fall, forget to take their medicines, not eat properly, try to do chores beyond their ability, and on and on.

According to “The United States of Aging Survey” (AARP June, 2012), approximately 90% of seniors (age 60+) plan to continue living in their current homes for the next five to 10 years of their life.  Of these individuals, 85% are confident in their ability to do so without making significant modifications to their homes.

However, that confidence dwindles as people get into their 70s and beyond.  According to the same survey, “although 65% of seniors between the ages of 60 and 70 find it very easy to live independently, among those aged 70 and older, only 43% find it very easy.  Nearly two in 10 Americans aged 70 and older say either they can’t live independently and accomplish daily tasks without assistance from caregivers or community resources or find it difficult to do so.” 

The truth is, aging in place can be enormously healthy mentally, physically and psychologically for many older adults.  Sometimes, all it takes is making a few modifications to their living spaces to help keep seniors independent, safe and secure in their own home. 

Here’s are some of the many ideas, tools, technologies and products specifically for older adults to help them age in place.

 

In the Kitchen

  • Replace kitchen rugs with non-slip versions
  • Replace cloth potholders with non-flammable ones
  • Install smoke and carbon monoxide alarms and change out batteries every year on a birthday
  • Install a fire extinguisher and role play how to use it should it be needed
  • Swap out heavy glass bowls for lighter weight, unbreakable plastic versions
  • Get a rubber grip opener to make it easier to open jars and bottles.  Visit www.vivehealth.com to read “7 Best Jar Openers for Arthritis”, March 12, 2018
  • Move frequently-used items to lower shelves for easy, day-to-day access 
  • Purchase a solid, rubber-footed step stool to reach higher areas and climb only to the first step.  Ask for help to reach the highest items.
  • For stovetop cooking, set a countertop or other type of alarm for each time you’ll need to tend to the pan or skillet again.  Do not leave the kitchen without doing so.  It can be easy to get distracted and forget you left something on the stove. 

 

In the Bathroom

  • Use only bath rugs that have a non-skid backing
  • Add non-skid mats or tape to the tub or shower floor
  • Install sturdy grab bars where needed in the bathroom
  • Install an anti-scald device to your tub and shower faucet to prevent hot water burns

 

All Living Spaces

  • Repair any loose carpet, tile, or raised areas of flooring
  • Replace raised door thresholds with no-step, no-trip, beveled thresholds
  • Keep clutter to a minimum and definitely away from traffic patterns
  • Install light switches at the top and bottom of stairways, at the entry and exit of rooms and porches, inside the garage, and along outdoor walkways
  • Get rid of electrical cords that can be a trip hazard.  Try cordless lamps instead.
  • Keep several flashlights throughout the house –– in the kitchen, bedside, in the bathroom, in the garage, on a porch, in the car, in the basement, and even a small flashlight for your purse, pocket or keychain.  You’ll want easy access to light should there be a sudden loss of electricity.
  • Install railings along outdoor steps and walkways

 

Medications

  • Faithfully use a pill reminder box/pack (versions can be found at discount stores and drugstores)
  • Look into MedMinder –– a subscriber plan.  This digital pill dispenser flashes or unlocks at the time preprogrammed by a family member or caregiver.  The box beeps and if it’s not accessed, the voice of a family member or caregiver issues a reminder.  If still no response, the senior gets a call and their contact person also is notified.
  • CareZone is a no-cost phone app that buzzes when it’s time to take medications, leave for appointments, refill prescriptions.  CareZone also stores your complete list of medications via a photo you take of all prescription bottles.
  • Reminder Rosie is a talking clock that lets your record up to 25 reminders at a time in the voice of a family member or caregiver. 

 

Personal Emergency Response Systems

  • Choose a monitoring company, such as MobileHelp, Great Call, First Alert and others.  Look into systems that work both at home and wherever the older adult may be.
  • Look into systems that alert you as to the activity level of the senior.  BeClose and Lively are two options that will alert you to any unusual activity in the home –– such as if your loved one is wandering or leaving the house unexpectedly, or if lights have not been turned on by a certain time in the morning.

 

At Lenox, as part of our Wealth Impact services, we work closely with seniors and with families to help make the later years of life as enjoyable, happy and easy as possible.  If we can help you or your loved ones, just ask us about our EMBRACE program.  We have a Certified Senior Advisor® (CSA®) on our staff who will be happy to share more.

If you’re ready to discuss financial, business, career and life planning that will allow you to Fund a Life You Love®, we’d love to tell you more.  Let’s talk.  It’s your tomorrow. Call us for a complimentary 1-hour review.  Call 513.618.7080 or visit www.lenoxwealth.com to Fund a Life You Love.

 

Past Performance is not indicative of future results.

 

This blog is limited to the dissemination of general information pertaining to its investment advisory/management services. This is not intended to be personalized investment advice. Please contact a Lenox adviser if you would like additional information.