Retirement Planning Event to Address Retirees' Biggest Regrets

Lack of proper retirement planning is one of retirees’ biggest regrets with the high price of housing, day-to-day living, and illness or unexpected medical costs being their top financial surprises, according to a 2018 study by Global Atlantic Financial Group. On February 19, 2020, a special event, Understanding the Tax and Financial Benefits of Lifecare Communities, will address financial planning and the tax implications of health and housing expenses as we age so that individuals and their loved ones can avoid common pitfalls and stay connected to who and what matters most.

New Pond Village, a Benchmark continuing care retirement community in Walpole, Mass., will host financial planning experts, Terence Hunt, CPWA, CIMA, CRPC, CFP, senior vice president and wealth management advisor at Merrill Lynch and Richard J. Weishaus, CPA, of Berger, Katz, Weishaus and Lenza, PC. This complimentary lunch and learn event will begin at noon.

Attendees will learn about the advantages of Lifecare, a combined housing and healthcare option that helps retirees predict and manage the costs of their care, protect against rising healthcare costs and preserve hard-earned assets. Hunt and Weishaus will demystify the Lifecare option, which provides a set fee for life so that seniors don’t have to worry about accessing or paying for the care they need as they age.

Hunt has been in the financial services industry for 32 years. In addition to being a Certified Financial Planner (CFP), he is a Certified Retirement Planning Consultant (CRPC), a Certified Investment Management Analyst (CIMA), a Certified Private Wealth Advisor (CPWA) and a Certified Special Needs Advisor. Hunt also holds professional licenses in Life, Long Term Care Insurance and Annuities and has his Series 7, 63, 24, 53, 4 licenses.

Based in Chestnut Hill, Weishaus has over 30 years of accounting experience in the areas of divorce taxation, negotiation and business valuation. He specializes in supplying business consulting, tax preparation, evaluation and management advisory services.

Recently named the best senior living community in Norfolk County with a Caring Stars of 2020 award, New Pond Village is located less than seven miles from Gillette Stadium and is set on 19.4 acres located on scenic Willett Pond. On one campus, the community offers independent living, assisted living, memory care and rehabilitation centered on a mission to keep seniors and their family members connected to who and what matters most at every stage of their lives. New Pond Village was uniquely designed for those who want the peace-of-mind of knowing the care they need is at their fingertips, no matter what the future may bring. The community’s Lifecare Advantage program provides a predictable monthly rate for life without having to worry about rising healthcare costs.

Understanding the Tax and Financial Benefits of Lifecare Communities will take place on Wednesday, February 19 at noon at New Pond Village, which is located at 180 Main Street in Walpole, Mass. The event is complimentary, and lunch will be served. To RSVP or for more information, call 508.242.3584 or visit http://www.NewPondVillageEvents.com.