Saturday, September 5, 2020

"The Senior Years Master Plan" is an Excellent Guidebook for Later Life

Many of us try to block out the fact that we are aging. As we approach our 50s and 60s, we may become even more determined to ignore the reality facing us. One reason is that we can become simply overwhelmed by all the different issues we have to consider.  Where should we live? How much money will we need?  How can we generate income which will last the rest of our lives? How can we manage our health, our illnesses and, ultimately, our deaths? There are so many things to think about, it can seem easier to procrastinate about doing anything.
 
As a result, I was curious when the author of "The Senior Years Master Plan", Ralph Mroz, contacted me about his book. (Ad) After reading it, I was impressed by the comprehensive way it brought up virtually every issue people need to consider, ideally before they actually retire.  However, even if you have already retired, there are some great suggestions in this book which you will find helpful.  I appreciated the detailed description of the different types of financial advisors and I loved the suggestion that we all put together an Index of where to find our important documents and everything else our heirs will need, if something should happen to us.  It will save our family a lot of frustration and confusion. I also liked the suggestion that we all assemble a "team" of reliable people we can count on as we age ... doctors, lawyers, financial planners, and wellness experts.
 
When the author contacted me about his book, he also provided a very complete description of what I could expect to find in the book.  I asked if I could use his description in this blog post, since he knows the book better than anyone.  After I read the book, I realized that his description was quite accurate.  Below is the information he provided.

Author's Summary of "The Senior Years Master Plan" (Ad)
 
"As I watched my parents' generation suffer in old age from lack of choices, or poor choices made decades earlier, the question in my mind was, 'So what do we need to do now to plan for the best outcome in our old age?'

There are thousands of books and websites on the subject of aging and its various elements.  But there isn’t a single, concise, overall guide to all of the practical aspects of aging that require planning and 
action, often years in advance.  This book’s audience is mostly Baby Boomers, and their children.

Here is a list of the major chapters:

•    The principles of aging
•    You will diminish
•    Housing and care options
•    Aging in place
•    Keeping busy
•    Pets
•    Stopping driving
•    Your team: doctors
•    Your team: financial planner
•    Your team: elder law attorney
•    Your team: the gym and trainer
•    Your team: maintenance people
•    Your team: a trusted sounding board
•    Your team: nutritionist
•    Your team: care manager
•    Psychological wellness
•    The last act: your funeral

The book is concise and stresses the need for practical action.  Each chapter lays out the spectrum of options, and de-confuses the plethora of perplexing terms that describe them.  Each chapter presents some hard truths, and stresses the need for planning.  Most chapters lay out the need for professional help.  However, no chapter tells the reader what they should do, but rather how to evaluate the options or how to engage an appropriate professional."
 
I highly recommend "The Senior Years Master Plan" (Ad) to the readers of the Baby-Boomer-Retirement blog. It could help everyone have a comprehensive, flexible plan for their senior years which will reduce their anxiety, save them time, and help them prepare for the inevitable.  I also suggest you browse back through the book every year or two, to make sure your plan is still up-to-date and reflects your needs and desires.
 
About the Book's Author
 
With a career spanning the private sector (high-tech and management consulting), public sector (police officer and law enforcement trainer), and the non-profit sector, Ralph Mroz brings a uniquely well-rounded perspective to his analysis. He has been a prolific writer and video presenter.

In the law enforcement arena, he's regarded as one of the leading critical thinkers regarding training.
In the management arena, he's the co-author (with Mitch Gooze) of Value Acceleration, (Ad) the book which introduced the structured strategic marketing system known as the Customer Manufacturing Process.  He's been appointed to two gubernatorial commissions (one concerning economic development, the other related to law enforcement).

As a Baby Boomer, he researched many aspects of aging in order to plan effectively for the upcoming decades.  Now retired, he volunteers at his local dog shelter and is involved with a police reform organization in his home state of Massachusetts. 
 
If you are interested in learning more about saving money, financial planning, Social Security, Medicare, where to retire, common medical issues as you age, travel and more, use the tabs or pull down menu at the top of the page to find links to hundreds of additional helpful articles.

Disclosure: This blog may contain affiliate links. If you decide to make a purchase from an Amazon ad, I'll make a small commission at no extra cost to you.

You are reading from the blog:  http://www.baby-boomer-retirement.com

Photo credits: author via Amazon

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