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Retiree

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 Clearfield Bank & Trust can help you fortify your financial position during your retirement years:

 

1. Chairman's Club

Join our Chairman's Club - exclusively for those individuals age 50 or better. 

 

2. Convenient Services

Convenient Services Ė Conserve time, money and paper with Clearfield Bank & Trustís convenient online banking, online bill pay and e-statements.

3. Leave a Legacy with a Trust

Leave a legacy with a trust Ė Our Trust and Financial Services are intended for many people at many levels, and we can help you create the legacy you want and administer your assets according to your wishes.

4. 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.

5. Rent a Safe Deposit Box

A convenient place to store important items that would be difficult or impossible to replace.  Clearfield Bank & Trustís 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.

 

Tips for Effective Financial Management
  • Take advantage of senior discounts wherever you can, and donít be shy in asking for them.
  • 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.
  • Be informed.  From your investments to your insurance youíll want to audit your current portfolio and policies and make the necessary changes to reflect your needs and preferences as a retiree.
  • Create a complete and detailed listing of your financial, investment, insurance and trust products and put a copy in your safe deposit box.

For help determining the best practices and products for sound and productive money management during your Retirement Life Stage, please contact us at 1-888-765-7551 or email us.