Retiree
Retirement
Protect Your Wealth and Start Paying Yourself
The freedom to live the retirement lifestyle of your choice with more time to spend with your friends and family can make your retirement years truly enjoyable. However, this is not the time to become complacent about your financial initiatives. Stay open to new ideas and opportunities to leverage your money, even if you are satisfied with your products and their performance.
Here are some ways Community First Bank can help you fortify your financial position during your retirement years:
1. Conserve time and money with Community First Bank's convenient checking accounts with online banking and bill pay and no-charge ATM services
You’ll reduce the time it takes to pay your bills and save on the expense of printed paper checks and postage while helping the environment as well.
Personal Checking Accounts
2. Relieve your family from making difficult decisions
Decisions about the disposition of your estate, a living will, burial and funeral arrangements can be made now so your wishes will be known and your family will be relieved of making important decisions under duress.
3. Rent a safe deposit box
This a convenient place to store important items that would be difficult or impossible to replace. Community First Bank safe deposit boxes offer privacy and in most cases, greater security. Than keeping your valuables and important documents elsewhere. Additionally, some insurance companies charge lower insurance premiums on valuables kept in a bank's safe deposit box instead of at home.
Safe Deposit Box – Do you have valuable items or documents that need to be stored securely? Community First Bank provides various safety deposit boxes. The items are secure against fire and theft. Fees range from $30.00 to $100.00 (some discounts may apply) annually, and automatically debited from your Community First Bank checking account
Tips for Effective Financial Management:
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Take advantage of senior discounts wherever you can, and don’t be shy in asking for them.
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Do not invest with someone you don't know. Scams targeted at retirees abound. Your investment opportunities should be carefully researched and verified by reputable professionals.
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Be informed. From your investments to your insurance you’ll want to audit your current portfolio and policies and make the necessary changes to reflect your needs and preferences as a retiree.
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Create a complete and detailed listing of your financial, investment, insurance and trust products and put a copy in your safe deposit box.
Some Financial Calculators for the Retiree on the go..
Our calculators can help you determine what you need to achieve your goals and stay on budget.
For help determining the best accounts and products for sound and productive money management during your Retirement Lifestage, please contact us at 337-365-6677 or info@cfirstbank.com. We’re here for you!
