 We are already well into 2020. Regardless of whether you are one of those people that make resolutions, go with the flow, or something in between, why not try a couple of new retirement adventures this year (also good for pre-retirees). There are literally hundreds (even thousands) of possibilities but I’ve given you a great starter list of 25 options. Sports and Fitness
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 One of the most useful but often overlooked policies is the umbrella. The umbrella policy is often compared to a security blanket. It sits over your existing coverage to provide extra protection in case all hell breaks loose. What a lot of people don’t realize is how flexible an umbrella can be. Umbrella policies come in all shapes and sizes just like their physical namesakes. Most start at $1,000,000 and can get as big as $10,000,000. They also have a range of purposes like covering personal assets up to covering multi location businesses. Some umbrella policies sit over both for broad protection. What a lot of people don’t realize about umbrella coverage is that it can be for more than just liability coverage. Although its primary purpose is to extend liability protection it can also be used as an extension of your personal protection. For example in automotive coverage it is generally a good practice to have uninsured motorist protection to cover you if you are hit by someone without insurance. The umbrella can expand this coverage, usually for additional premium. Some business umbrellas have endorsements that extend them over things other than strict liability as well. To understand the value of the umbrella, I’ll tell you a story that I heard from a colleague of mine. There was a farmer who was getting close to retirement and his farm, worth 1.5 million, was his retirement plan. One evening a gate was left open on his property. Early the next morning one of his cattle bolted across the highway and slammed into an SUV with a family of 5, all of whom sustained significant injuries and sued for their bills and to replace their totaled car. The car spun out and significantly damaged fencing on the neighbors property as well. The farmer did not carry an umbrella and only had 1 million on his farm. Total court costs and damages came to over 3 million. For lack of an umbrella he lost his farm, lost his cash savings, and was unable to retire as planned. A basic 2 million umbrella probably would have cost him under 1000 per year and would have helped save the farm and his retirement. There are many more examples like this. Moral of the story is, if you have assets protect them. Courtesy of: J. Wilcox Insurance Associates - https://yourinsuranceguide.co/blog/ Oh, those mood swings that seem to be an inevitable part of our lives! Did you know you can actually control them so the good days are even better and the bad days aren’t so bad after all? Regardless of your age, surroundings or background, you can reduce your mood swings and increase your overall happiness. Special Information on COVID-19 and your mental health at the end of this article! Four proven ways to reduce mood swings and increase your happiness: 1) Diet and Mood Swings – What you eat really does make a difference in how you feel each day, especially your overall mood. Eating lots of fresh, organic fruits, vegetables, high-quality grains and lean protein is a good place to start. Your “happiness baseline” will be higher and you can keep on improving. You can also add dark chocolate and stay away from alcohol, nicotine and sugar for even more success in balancing mood swings. 2) Exercise and Mood Swings – Getting a “runner’s high” is the result of prolonged physical activity because it releases mood-enhancing endorphins. This equates to 30 minutes of aerobic exercise two to three times a week which can have a very positive effect on your overall happiness. Exercise also keeps your body healthier and gives you more energy which lessens the risk of going into a slump.  3) Rest and Mood Swings – We can’t emphasize enough the importance of getting a minimum of six or seven hours of sleep a night. Your body must have sleep to repair itself! Rest also encompasses quiet time in the form of meditation, sitting quietly sipping a warm beverage or any other method of quieting the body and mind without distractions. Our addiction to technology is a major contributor to the stress in America today! 4) Happiness Emphasis and Mood Swings – It is possible to elevate your mood by simple daily exercises.
These bonus tips will help you get started on your way to more happiness and less stress in your life:
Worries and anxiety about COVID-19 and its impact can be overwhelming. Social distancing makes it even more challenging. Learn ways to cope during this pandemic ~ Mayo Clinic Resource |
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