hello welcome to another episode of life to point out hi jackie i said raina today we are going to be talking about some things that we should consider in the new retirement that's great because you know what i find that people who say they're going to go into the new and retirement we kind of the new one retirement because i frankly our generation the baby boomer generation you know we're going to live so much actually going through this phase ok and some of the things that we should be thinking about so that we don't make these these types of mistakes right so well come pamela compa background and then we'll go into some of these other specific questions sure well i spent thirty six years in corporate america work at investment banking and i could say so and but even though you're thinking when am i going to retire when i when i'm writing not have to what happened up in the morning it's sort of like a dream right right right it doesn't really just talk a little bit about some of the important things that we should be considering when we decide that we are going to actually move from our current location we've retired now we're going to move from this current location and so now you're the yri are operated under a totally different financial scary and you think about everything a little differently so if you're living in new jersey which you are and then the other one that you had mentions about the hospital so can you talk a little reading that were damned as we get older as we age and as great as we look right now we're going to get so you're there going to be some our health issues have settled you have to take into consideration right right so one of the things you have to think about is where are my going to live is there a good medical structure there right yeah and then then bringing for now the medical structure and then your health insurance oh yes so from retirement date to sixty five when medicare kicks in that is an expense that checks was more i mean for me i was downside and it took a bridge retirement so for me for for example i think my i want to say my monthly and i contribute it as a working person  maybe like one hundred something maybe two hundred depending on the type of program when i was downsized and now because my husband's share was always ensure it through me we saw it go to like over a thousand and coverage that's also very important because if when you think about buying insurance you have to make sure that you could use it in states other than your home because many insurers like the state of florida so that's very important that you buy your private insurance three sure that's covered rightly right i think that's something again that you know again we don't pay attention to that because you know we were covered by employees but i know i was talking with my sister recently and she said that you know she's now at the point where she can take medicare so she's saying to me well you know you need to make sure that you understand a difference that you do have retirement through your company that can maybe allow you not to take medicare part b i think you still need to basically you need to know understand all of our all and all you are how you're going to get your health medicare part you still have to have supplemental insurance to pick up a part that many get a and b an m r i or please doesn't matter how healthy you are please make sure that you think about that and you get that because we're facing a situation right now with a family member that didn't do that because you know it was a healthy situation and then all of a sudden it's a sickness and it's like you w not a good thing so i didn't say we want to talk about is how what are some tips that we can use to help get the most out of that money that we have put aside for retirement so you know thinking about the quality of life and things like absolutely well i think we touched on the fact of moving to a more tax friendly correct state for retirees but i think as an individual you have to think about your lifestyle what it is you like to do right and then look for a state or a county or city that will support that i think lifestyle that you have because if you i know we have a guest who was involved in that investment and he said one of the first things that he asked his clients is what do you want to do after you stop working what do you want to do in that new and retire because you got to figure out can you afford to do that right i really want to do right and i think for us it may be a little bit easier now for us because this is come look at a time in life where people start thinking about what they wanted to do and so maybe some people are now starting businesses or actually doing a job that they wanted to do but that job could no you couldn't take as you couldn't afford something like that but as i said it's very important because for me read i was looking i love the theater and i love great restaurants yeah so when i was looking i was looking to make structure like you know friend structure or family structure to help you even if it's just one or two friends you need to have that and for me i was very lucky when i moved there and i moved into this community i'm the president of the board had it your way of course they had to interview you know why right and oh you used to walk and walk work on wall street we need  things that we nobody ever tells you about because i think those were really hear her say yes and so i decided to move out of state ok and i found a beautiful community it was absolutely wonderful increased one hundred percent oh my lord i hand over what are come to realize is bad when you're looking for a house or a home and you look at a community that has all these  do because you know when we had a project where we were kind of going around looking at thirty five plus homes for someone else and i want and i came i said oh my god these are much nicer there well i thought yeah but you're right  moving all your stuff yeah yes that's that's the next day so you decided that you're moving out of new jersey and you are moving probably to a warmer climate  expensive so give us a couple cost saving ideas on just stuff that we can do or things that we can do to save him some websites and things and i think we know as soon as you hit fifty that it is a pretty good site i think you could sign up for anything and everything if you have to e mail addresses one that you could send all your promotional stuff to yeah right i did y don't or for what they cost senior discounts until like sixty five so some places yeah so a lot of times you think oh well you know my card or whatever no you know i qualify so  anything have you have you done travelzoo for hotels i had on transparent everything everything i've done a long time ago i did some website which i would name for hotels which is a big one  they give you some little room tucked in the middle of not knows where i was i'd never again know i doing that because when you do when you make a reservation true travel reward and that's key because you know for years my sister was like well how do you get this free free because for me and help you know when i was trying one and it finally she started using her card and saying