SOSMagAprilJune2022

Some retirees succeed at realizing the life they want; others don’t. Fate aside, it isn’t merely a matter of investment decisions that makes the difference. There are certain dos and don’ts – some less apparent than others – that tend to encourage retirement happiness and comfort. Retire financially literate. Some retirees end their careers with inadequate financial knowledge, and yet, feel they can prepare for retirement on their own. They mistake creating a retirement income strategy with the whole of preparing for retirement, and gloss over longevity risk, risks to their estate, and potential health care expenses. The more you know, the more your retirement readiness improves. Retire with purpose. There’s a difference between retiring and quitting. Some people can’t wait to quit their Wise Decisions with Retirement in Mind job at 62 or 65. If only they could escape and just relax and do nothing for a few years – wouldn’t that be a nice reward? Relaxation can lead to inertia, however – and inertia can lead to restlessness, even depression. You want to retire to a dream, not away from a problem. Our team of financial professionals has the ability to assist with retirement planning, estate planning, and business succession planning, as well as recognize the tax consequences of recommendations so you can have more confidence with your decisions. Call us at 419-668-2552 for a free, no obligation, consultation. We have offices located in both Norwalk and Sandusky Rachael Maschari may be reached at 419-625-4942 or rachaelfm@pnfinancial.biz. www.pnfinancial.biz Securities offered through Avantax Investment Services SM , Member FINRA, SIPC. Investment advisory services offered through Avantax Advisory Services SM . Insurance services offered through an Avantax affiliated insurance agency. Rachael Maschari Financial Advisor PAID ADVERTISEMENT Court. I think he finally realized that he is going to pay for what he did.” According to Corbin, this man is from Africa, but living in Atlanta, Georgia. The Huron County Sheriff’s Office and the FBI were able to use this con artist and link him to several other people who were being financially exploited. All lived outside of Huron County. The scammer’s accounts have since been frozen, thanks to their exceptional detective work. Detective Sergeant Ted Evans, explained the majority of Prince A. Young’s work was romance scams. They had a guy who would be the primary communicator via the internet or telephone calls. Then there would be other people in place to be ‘runners’ to receive the money. Despite the arrest and the indictment, the 60+ year old victim was truly in love with the man in her virtual relationship. In fact, she tried to make contact with him after the indictment. Despite the Huron County Sheriff telling her to cease any further communication with the romance scammer, she still wanted to talk to him. Detective Evans said, based on his experience with other romance scam victims, “They believe the relationship is absolutely real and their life is consumed by it.” “Typically, romance scam artists exploit their victims by asking for smaller amounts of money, first. If they get it, they will ask again. Slowly the scammers increase the amount of money they are asking for.” Although this victim was told to use Western Union, Evans said, “There are cases when the victims are asked to do strange things, like, purchase a teddy bear and put the money in a teddy bear and send it in the mail; or go to the store and buy gift cards. The victim is told to send or call the scam artist with the numbers on the gift cards. If this story sounds familiar and you think you are a victim of a scam, report it! Erie County residents can call Serving Our Seniors 419-624-1856. Although we have no investigative authority, we know those who do. We will provide you with the moral support and assistance you need to file your report with law enforcement. For more information about any other scams go to www.OhioProtects.org or call Serving Our Seniors (419-624-1856). We can help you obtain the information you wish to have, using the computers at our office. 14