um i kept a monthly budget for so long i don't have one now but i sort of know where it is i know where my expenses are and how much i have to cover them how about you
well i don't have anything um a budget written down per se but however i i know exactly where my money goes for the most part as far as expenses yes um-hum
uh-huh
yeah
do you do
oh yeah i think in this day and time we need something like that don't we
yes
i keep hearing that we're supposed to pay ourselves first and set aside our savings first are you are you able to do that
um-hum
that helps doesn't it
yes it does
back when we were i'm i take it you may be past raising a family is that true
yes
that back in those other days we couldn't do that could we
no other things came took priority
like doctor bills and things like that
um-hum that's for sure
yeah
um are you planning ahead for retirement through your your uh savings and things
yes you know that's interesting because i was talking at someone in the office just this morning about the retirement and what we would like to have when we retire and how we're going to get there
yes
it's really hard to anticipate in advance what you think you're going to need okay and then try and plan now
um-hum
because things come up
um-hum
but i think now we're at the age where it's really very important
well one of the things that my husband has he he works with financial things and uh he's been trying to
you know
he keeps saying well we need to sit and find out how much we want and and i think that's true but like you said it's hard to do
um-hum
one of the things that we've done towards that is um buy nursing home insurance
have you all thought of that
oh no i hadn't even thought about that we have investments to uh alleviate some of the
cost of our old age hopefully in in terms of uh an apartment complex
um-hum
um-hum
we've been partnership with uh some other people
oh that's sounds
that sounds good
but it's not going to provide
a whole bunch of money i mean it it might might pay the utilities
um-hum
um-hum
you know at at that point in time
uh and hopefully our investments with TI will help our retirement our retirement years
well the uh if you have the retirement fund at place like that they're usually fairly good
um-hum
i know mine i'm we've gone through some mergers and my retirement has
has ended uh the plan has ended three different times this year
is that right
so
that's not very encouraging is it
uh no because uh of the changes that came about in the government requirements and then in uh in merger requirements
um-hum
but um my husband was looking into the nursing home insurance is it's it's really is an investment you hope you never have you use
but uh you have to be so careful of what it will pay and what it won't pay
when you buy something like that in advance how can you be sure that well i guess you don't really buy into the nursing home do you
oh no no it's an insurance policy
you buy
it's a policy that will pay for your nursing home should you need it
um-hum
it pays a set amount
hum
and uh
and you talk to your insurance agent about there's special companies now that are doing it
um-hum
and they set them up i know ours is a set amount each year and it has a maximum amount over a thirty month period
and uh it you know it has you need to read the policy and look into what it covers
um-hum
i guess i'm conscious of that because my mother's in a nursing home
and uh i think we we learn from our experiences
oh i think that's very true and that brings it more to home when it happens close to home
yeah it does
um-hum
but uh
i think one of the main things that we in the past always talked about was not having any major expenses to budget for when we do retire
um-hum
and if you got that covered
i want to travel personally and i want to be able to get around
oh yes
oh yes
don't we all right
at least two three trips including a cruise every year
at least
at least
at least
you know
well it sounds like we have some good plans anyway
it would sounds like we do
um-hum
and uh you're you're leaning more towards investments and things like that to do yours then
right i don't know how sound that is perhaps your way is is a is a more sound proposition you know
well we do that too
you know you can't then the insurance policies are just things to kind of buffer in case of unexpected things
um-hum
um-hum and that will always happen
oh yes but uh
the investments are something that you have to plan for and get your
there was some new things
