Financial Tips For First Time Snowbirds Heading South For The Winter

American Investment Planners LLC

500 North Broadway, Suite 260, Jericho, NY 11753

(516) 932-5130 / (866) 932-5130

As temperatures start to decline, we know some of you may be preparing to head south for the winter in order to escape the cold that Long Island and the surrounding areas experience. But, before you can get back to enjoying the warm weather, there are several things that need to be taken care of - the house needs to be locked up, the post office should be notified, you may even need to turn off some utilities. However, in addition to these very important tasks, there is one other item that must be checked off of your to-do list in order to have a relaxing few months where the sun continues to shine, and that's to look over your finances. Below, we've outlined tips that can help you when you get to this part of the preparing process:

Find a nearby bank: Since you'll need to access your bank account at some point during the few months that you're down south, you should know where your bank's nearest chain is located. In the event that there isn't one where you're headed, you should then give your local bank a call to find out how you can access your money and account should the situation call for it.

Locate health care professionals: In addition to finding a bank, first time snowbirds should also be on the lookout for health care professionals that they can turn to should they require their services. That means it's time to start researching doctors, dentists, pharmacies and hospitals in your area!

Speak to a neighbor: Installing a high tech security system that allows you to monitor your home from a different state can be pretty costly, so you may want to speak to a neighbor that you trust about watching your home for you. Additionally, since you'll still be responsible for clearing your walk-way in the event of a snowstorm, you may want to ask if someone on the block can lend a helping hand so that you don't have to hire an expensive snow removal team.

Alert credit card companies: Just because you're in a different state doesn't mean you aren't responsible for monthly expenses! Unless you pay online, you should let your credit card companies know about your new address so that you can be sure your bills arrive at the right place. After all, you wouldn't want to be responsible for late fees simply because you didn't know certain statements arrived!

Although getting ready to head down to warmer states is an exciting time for those of you who are planning to, it's important not to overlook any money related matters before you go - that's why we at American Investment Planners LLC suggest taking care of the above now so that the day of your departure is a breeze!

American Investment Planners LLC offers tax planning, estate planning, retirement planning and more to generations of families throughout the United States. More information about the services offered is available at www.americaninvestmentplanners.com.