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Bills, statements, warranties, documents… they pile up! Most people don’t get around to cleaning out the home office, but why not carve out 15 minutes a day for a week? The generally-accepted rules of thumb below can help you decide what should stay or what should go. Remember to toss non-personal papers, but shred documents containing personal information to protect against identity theft. When cleaning out that home office of yours, be sure to follow the below rules of thumb.
NOTE | 6 Mo. | 3 Years | 5 Years | 7 Years | Other | |
All Returns | IRS has 3-6 years to audit | x | ||||
Proof of Filing | IRS has 3-6 years to audit | x | ||||
Payment of taxes | IRS has 3-6 years to audit | x | ||||
Tax-Reporting Documents | IRS has 3-6 years to audit | x | ||||
W-2s | Keep until receiving Social Security | x | ||||
Last 3 Paystubs | Often used to prove residency or for loan documents | x |
NOTE | 1 year | 3 years | 5 years | 7 years | Other | |
Bank/CC Statements | Keep for year prior, unless online | x | ||||
Bank/CC Statements | If supporting a tax deduction | x | ||||
Investment Statements | To substantiate any gain/loss in the case of audit | x | ||||
Quarterly Retirement Plan Statements | Keep until you confirm they match annual statements | x | ||||
Retirement Plan Summaries | Keep until account closure | x | ||||
IRA Contribution Records | Permanently, to prove you made non-deductible contributions | x | ||||
Prospectuses and Privacy Notices | Until available online | x | ||||
ATM Receipts | Toss after seen on a bank statement | x | ||||
Insurance Records | Keep in case a claim is filed within the Statue of Limitations | x | ||||
Life Insurance Policies | 3 or more years past the life of the policy | x | ||||
Medical Insurance Records | In case of future, related issues | x |
NOTE | 3 mo. | 1 year | 7 years | Forever | Other | |
Utility Bills | 3 mos for proof of residency; 7 years to support a tax deduction | x | x | |||
Medical Bills | 3 mos for insurance; 7 years if enough to itemize on your taxes | x | x | |||
Everyday Receipts | 1 year to cover warranty, 7 years if supporting a tax deduction | x | x | |||
Receipts for Expensive Items | x | |||||
Proof of Ownership | 7 years after sold if you believe a future buyer might want them | x | x |
NOTE | 7 years post- sale | Length of Ownership | Forever | Other | |
Home Insurance Records | Keep in the event of a claim filed within Statue of Limitations | x | |||
Home Mortgage Documentation | Forever, or until paid off | x | |||
Home Repairs/Improvs. Records | Permanently if you think a future buyer might want them | x | x | ||
Vehicle Records | x |
NOTES | Forever | |
Vital Records (birth, marriage, death certificates, etc.) | Keep originals in a safe-deposit box with an accessible hard/e-copy | x |
Estate Planning Documents | Keep originals in a safe-deposit box with an accessible hard/e-copy | x |
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Important Disclosure: This content is for informational purposes only. Opinions expressed herein are subject to change without notice. Beacon Pointe has exercised all reasonable professional care in preparing this information. Some information may have been obtained from third-party sources we believe to be reliable; however, Beacon Pointe has not independently verified, or attested to, the accuracy or authenticity of the information. Nothing contained herein should be construed or relied upon as investment, legal or tax advice. Only private legal counsel may recommend the application of this general information to any particular situation or prepare an instrument chosen to implement the design discussed herein. An investor should consult with their financial professional before making any investment decisions.
Loneliness is a growing problem among older adults. A recent study found thata significant percentageof all adults aged 65 and older report feeling lonely. Loneliness can pose serious problems for the older people in our lives. If youre a caregiver for an older adult or if you have older parents or grandparents, its important to know that their loneliness can have a significant impact on physical and mental health, increasing the risk of heart disease, stroke, dementia, depression, and anxiety. It can also shorten lifespan. How to Help Reduce Loneliness in the Elderly CommunityThankfully, you dont have to feel helpless in the face of the loneliness epidemic gripping our nations elderly. There are a number of solutions to help combat loneliness in the elderly community. One example is the simple act of encouraging social interaction in older adults. Consider volunteering in their local community, such as at a food bank or animal shelter. Join a club or group. Take continuing education classes or a pottery class or anything like that. Simply make a point to spend more time with friends and family, even if its over the phone or video chat more than in person. Promoting physical activity is another excellent way to combat loneliness, especially its physiological components. Physical activity is a great way to improve mood and energy levels, and it can also help to reduce stress and anxiety. Likewise, encouraging healthy eating habits will also boost someones mood. The improvements to overall health and well-being cant be discounted. Finding ways to reduce stress and anxiety in older adults is an additional goal worthy of pursuit. This can include encouraging restful sleep, as its essential for physical and mental health while also reducing physical and emotional stress. Finally, seeking professional help if necessary is always beneficial. If an older adult is struggling with loneliness, it is important to seek professional help. A therapist can help to understand the root of their loneliness and develop strategies for coping with it. Other Solutions on How You Can Help Reduce Loneliness in the Elderly CommunityWhether youre a caregiver for an older person or their adult child or grandchild, you obviously care about them and want them to enjoy a happy, healthy life. Theres plenty that you can do to help, even though it may be akin to simply leading a horse to water in some circumstances. Here are some other solutions on how to help reduce loneliness amongst the elderly community: Rely on friends and family.Many older adults feel socially isolated, especially after retirement, as they dont have the same everyday opportunities for social interaction as they used to. Encourage them to reach out to friends and family and be sure to spend time with them when youre able to. Get them involved in community events.You can encourage an older adult to become involved in the community to help rebuild and support opportunities for social interaction. Volunteering for charitable organizations or events is one method, as is joining recreational clubs or taking classes. All of these offer great ways to meet new people and make friends.Encourage proper healthcare.Make sure theyre getting any healthcare they need. This can be as simple as ensuring they make it to their regular doctor appointments to ensuring they receive whatever care they might require depending on their health.Take care of yourself.If youre providing any level of caregiving to an older adult, either professionally or as a family member, be sure to take some time for yourself. You cant be there for them if youre burnt out and struggling as well. Many of the same pieces of advice, such as getting enough rest, eating well, and being active, can be applied to you as much as can be applied to the senior youre providing care for. The Role a Retirement Community Can PlayHow to help reduce loneliness in the elderly community can be a challenge, which is why its always a good idea to enlist the help of others if youre concerned an older adult in your care is struggling with social isolation. One of the best resources for preventing the negative effects of loneliness in older adults is undoubtedly the modern retirement community. This is because of the sheer number of amenities and opportunities these communities offer. Retirement communities are designed to provide countless avenues for socialization for their residents. Regular events and programs like art classes, access to fitness centers with personal trainers, and areas dedicated to game rooms provide ample opportunities to make friends and enjoy the company of other older adults together. Consider also walking trails, opportunity to grow a community garden, and more. Additionally, the healthcare options at retirement communities, especially continuing care retirement communities, can help keep residents happier and healthier throughout their stay. Helping Older Adults Cope with LonelinessCaring for an older adult can be a full-time job to be sure, especially while youre also worried that the older adult in your care is suffering from feelings of loneliness. These feelings can stem from dozens of different sources, but the end result is the same: a diminished quality of life that can have a negative impact on that individuals ability to enjoy retirement. In the most extreme cases, loneliness can even lead to physical and emotional issues that could cause long-lasting harm. Loneliness is a common problem, but its one that can be overcome. By encouraging older adults to take steps to connect with others and build social support, you can help them improve their quality of life and live happier, healthier, and more fulfilling lives during their retirement years. Do your best to be there for the older adult in your life by spending time with them when you can, and by helping them to find solutions to combat loneliness in the elderly community, for when youre unable to be with them personally.
At Lee Health, you have everything you need to take care of your heart health. Our expert cardiovascular team is the largest and most experienced in Southwest Florida. No matter where you are in your health care journey, our experts are alongside you every step of the way. Lee Health Heart Institute includes primary and specialty care, nationally ranked hospitals, Shipley Cardiothoracic Center, cardiac rehabilitation and moreall in a safe and comforting environment. Were ready to help you stay active, engaged and prepared to enjoy the important things in life.The Lee Health Heart Institute is nationally recognized for excellence in cardiovascular care. HealthPark Medical Center has been recognized as a PINC AI I Fortune 50 Top Cardiology Hospital in the country and 1 of only 6 hospitals recognized in Florida and the only hospital in Southwest Florida underscoring Lee Healths commitment to exceptional cardiovascular care and medical excellence in the region. The Lee Health Heart Institute ranks 9th in the nation and top 3 in Florida through its PINC designation. Our dedication to advancing heart health is evident through ongoing clinical trials, published research, and 11 abstracts presented at the American College of Cardiology Scientific Sessions. Heart Institute Locations Near YouThe Heart Institute incorporates cardiovascular services, cardiology, and cardiothoracic surgery. Locate Lee Health Heart Institute clinics near you for convenient locations including experienced cardiologists, cardiothoracic surgeons, and more. Dedicated cardiovascular health to patients located minutes from Cape Coral, Fort Myers, Naples, Lehigh Acres, Estero, and Bonita Springs.Cardiothoracic Surgery - Heart Institute at Shipley Cardiothoracic Center9981 S HealthPark Dr, Suite 156 Fort Myers, FL 33908Phone number(239) 343-6341 Cardiology - Heart Institute at Bass Road16261 Bass Rd, Suite 300 Fort Myers, FL 33908Phone number(239) 343-6410Cardiology - Heart Institute at Cape Coral Hospital708 Del Prado Blvd, Suite 7 Cape Coral, FL 33990Phone number(239) 424-3660Cardiology - Heart Institute at Coconut Point23450 Via Coconut Point Estero, FL 34135Phone number(239) 468-0121Cardiology - Heart Institute at Medical Plaza One9800 S HealthPark Dr, Suite 320 Fort Myers, FL 33908Phone number(239) 343-6350Cardiology - Heart Institute at Metro Parkway13340 Metro Pkwy, Suite 200 Fort Myers, FL 33966Phone number(239) 343-0550Cardiology - Heart Institute at Sanctuary8960 Colonial Center Dr, Suite 302 Fort Myers, FL 33905Phone number(239) 343-9700
June is National Cancer Survivor Month, a time to celebrate, support, and raise awareness about cancer survivorship.There are more than 18 million cancer survivors in the U.S.Statistics from the National Cancer Institute (NCI) project that the number will grow to 26 million by 2040.More than 2 million people in the U.S. will be diagnosed with cancer in 2025.The NCI projects that an estimated 618,120 people in the U.S. will die from the disease in 2025.Be a part of the NCA Difference and support our mission of improving the care of cancer patients through our no-cost second-opinion services. Your support helps improve patient outcomes and peace of mind!
Beacon Pointe is one of the nations largest Registered Investment Advisory (RIA) firms, providing comprehensive financial solutions for institutions, defined contribution plans, high-net-worth individuals, and families. Our success is driven by our peoplea team of talented, diverse, and passionate professionals committed to fostering an uplifting company culture and delivering premier service experiences to our clients.Our ServicesPrivate Wealth ServicesOur Private Wealth Management services offer comprehensive wealth planning and customized investment strategies, empowering clients to make well-informed financial decisions that align with their life goals.Institutional ConsultingWe provide objective and transparent investment solutions, offering long-term strategic planning tailored to the unique portfolio goals and mission of each institutional client.Retirement Plan ServicesOur team delivers expert investment guidance and comprehensive service solutions for 401(k)s, 403(b)s, and non-qualified deferred compensation plans, ensuring clients receive the highest level of fiduciary support.Advisor PartnershipsBeacon Pointe collaborates with successful RIAs and wealth advisors nationwide, fostering synergistic partnerships focused on enhancing efficiencies, value, and long-term growth.With a client-centric, fiduciary-first approach, Beacon Pointe is dedicated to providing strategic financial guidance that helps individuals, families, and institutions achieve lasting financial success.
Beacon Pointe is one of the nations largest Registered Investment Advisory (RIA) firms, providing comprehensive financial solutions for institutions, defined contribution plans, high-net-worth individuals, and families. Our success is driven by our peoplea team of talented, diverse, and passionate professionals committed to fostering an uplifting company culture and delivering premier service experiences to our clients.Our ServicesPrivate Wealth ServicesOur Private Wealth Management services offer comprehensive wealth planning and customized investment strategies, empowering clients to make well-informed financial decisions that align with their life goals.Institutional ConsultingWe provide objective and transparent investment solutions, offering long-term strategic planning tailored to the unique portfolio goals and mission of each institutional client.Retirement Plan ServicesOur team delivers expert investment guidance and comprehensive service solutions for 401(k)s, 403(b)s, and non-qualified deferred compensation plans, ensuring clients receive the highest level of fiduciary support.Advisor PartnershipsBeacon Pointe collaborates with successful RIAs and wealth advisors nationwide, fostering synergistic partnerships focused on enhancing efficiencies, value, and long-term growth.With a client-centric, fiduciary-first approach, Beacon Pointe is dedicated to providing strategic financial guidance that helps individuals, families, and institutions achieve lasting financial success.
Beacon Pointe is one of the nations largest Registered Investment Advisory (RIA) firms, providing comprehensive financial solutions for institutions, defined contribution plans, high-net-worth individuals, and families. Our success is driven by our peoplea team of talented, diverse, and passionate professionals committed to fostering an uplifting company culture and delivering premier service experiences to our clients.Our ServicesPrivate Wealth ServicesOur Private Wealth Management services offer comprehensive wealth planning and customized investment strategies, empowering clients to make well-informed financial decisions that align with their life goals.Institutional ConsultingWe provide objective and transparent investment solutions, offering long-term strategic planning tailored to the unique portfolio goals and mission of each institutional client.Retirement Plan ServicesOur team delivers expert investment guidance and comprehensive service solutions for 401(k)s, 403(b)s, and non-qualified deferred compensation plans, ensuring clients receive the highest level of fiduciary support.Advisor PartnershipsBeacon Pointe collaborates with successful RIAs and wealth advisors nationwide, fostering synergistic partnerships focused on enhancing efficiencies, value, and long-term growth.With a client-centric, fiduciary-first approach, Beacon Pointe is dedicated to providing strategic financial guidance that helps individuals, families, and institutions achieve lasting financial success.