Serving Our Seniors Magazine: Jan - March 2023

Understanding your goals is the first step in providing personalized financial advice to help you reach them. I take the time to know what you’re looking forward to, as well as what your challenges are, to help you build the financial future you want. Any financial advisor can know the markets. I know my clients. Not FDIC or NCUA Insured | No Financial Institution Guarantee | May Lose Value Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and CFP (with plaque design) in the U.S. Ameriprise Financial cannot guarantee future financial results. Ameriprise Financial Services, LLC. Member FINRA and SIPC. © 2022 Ameriprise Financial, Inc. All rights reserved. Marie T. Shultz CFP®, CRPC®, APMA®, CLTC® Financial Advisor CERTIFIED FINANCIAL PLANNER™ professional 1604 E Perkins Ave, Ste 109 Sandusky, OH 44870 Call me today to get started 419.624.0606 Affording A Roof Over Your Head In Later Life Erie County and in particular, the city of Sandusky, were considered to be very affordable places to buy or rent. Unfortunately, that has changed. Oddly enough, housing prices and rents started to skyrocket with the Covid pandemic. To qualify for a HUD voucher or to live at a metro public housing apartment building, the annual gross income cannot exceed $27,450.00 for a household of one (1) or $31,350.00 for a household of two (2). Generally speaking, if one is fortunate to have the voucher or public housing, the tenant pays 30% of their gross monthly income for rent. For example, one who earns $2,000.00/month, rent is $600.00/month. For Erie County, it is estimated that it could take over a year to process all the applications that are currently eligible for a voucher. If one cannot get a voucher or subsidized housing, the retiree must pay market rate rent, which ranges from $800.00/ month to $1,500.00/month. Affordable housing is now a problem for many more retirees. Serving Our Seniors has a dream and is planning to be a catalyst for the development of modestly-sized, affordable housing for retirees in need. Are you an Erie County resident, age 60+ and concerned about keeping a roof over your head, now or in the future? Contact Serving Our Seniors at 419-624-1856 or e-mail Mail@ServingOurSeniors.org . Tell us your first name, phone number and why you are interested in affordable, rental housing. We will call you the first week in February 2023 to learn from what you have to tell us. Then we will work to spark a change that supports the development of affordable, rental housing for older adults. Mark Your Calendars! Plan to attend Serving Our Seniors Sonny & Cher Show. Saturday, April 22, 2023 • 1:30 pm – 3:30 pm Sandusky High School 21