When it comes to retirement and senior housing, one message rings loud and clear: act before you have to react.
That was the theme of our 14th ABCs of Senior Housing webinar, where I was joined by Ty McGilberry, CEO & Managing Partner of Pegasus Financial Planning. Ty and I both come from financial backgrounds, and we’ve each written books to help people make smart, informed decisions during life transitions. In this session, we focused on financial planning’s role in securing a comfortable, confident retirement—especially for those considering a move to senior living.
Why Planning Ahead for Retirement Matters
One story I shared involved a client who found herself in a reactive position after her father passed away. Her email to me said, “I remember what you said about acting versus reacting.” The experience drove home how essential early planning is, not just for financial clarity, but for peace of mind.
Ty agreed. He reminded us that retirement isn’t just about stopping work—it’s about choosing the life you want and preparing for the changes ahead. Whether that means relocating to be near family, downsizing to a single-level home, or joining a 55+ community, financial planning lays the foundation.
Building a Healthy Retirement Plan
Ty explained that a solid retirement plan starts with understanding your personal goals. It’s not just about numbers—it’s about your life and your future. Good financial planning should:
- Consider where you want to live and why
- Help you understand housing and care options
- Prepare you for healthcare costs, including long-term care
- Involve family and trusted contacts where appropriate
- Include protections against fraud and scams
He also stressed the value of working with a fiduciary—someone who’s legally bound to act in your best interest. Transparency, a personalized approach, and ongoing communication are key signs you’re working with the right advisor.
Addressing Common Concerns About Retirement
Participants asked important questions, from long-term care insurance to how seniors can avoid scams. Ty offered practical advice, such as:
- Use trusted contacts on financial accounts
- Verify any suspicious communications directly with your bank
- Talk openly with family about estate plans and executor choices
- Know how your advisor gets paid—and don’t be afraid to ask for a second opinion
Final Takeaway: Know Your Numbers
Ty’s final advice was simple and powerful: know your numbers. Track your income and expenses, set up a system, and don’t wait until your annual financial meeting to make changes. Life happens between those meetings. And when it does, having a plan already in place makes all the difference.
Finding Your Perfect Retirement Home
As a dedicated senior real estate specialist, I’ve helped countless clients transition to their ideal retirement living situations. Whether you’re looking to downsize, find a more accessible home, or explore senior communities, my expertise can help match you with properties that align with both your lifestyle goals and financial plan. My deep understanding of the local senior housing market means I can guide you through options you might not even know exist.
Bonus Book Giveaway
Everyone who registered for the webinar received a free digital copy of Ty’s book, The Retirement Reality Check: Navigating Through the Noise to Secure Your Future. It’s a quick, insightful read packed with practical advice—perfect for anyone planning retirement or helping a loved one transition.
Prefer a printed version? You can purchase a copy on Amazon here or contact me directly to request your free digital edition.
Act Now Before It’s Too Late!
Don’t leave your retirement housing decisions to chance or crisis. Schedule your complimentary retirement housing consultation with me today. Together, we’ll create a strategic plan that aligns your housing needs with your financial reality.
Call me at 610-687-6060 or email BRETT@BRETTFURMAN.COM to secure your spot – limited appointments available this month!
