Campbell Wealth Management - October 2022

Build the Community Through Giving Doing Good Does You Good

walking around the neighborhood, planting a community garden, or even cleaning litter from the roads, this moderate physical activity can help strengthen muscles, reduce blood pressure, and even alleviate symptoms of chronic pain.

Volunteering not only strengthens the community but also benefits the person who serves. For those who enjoy spending their time giving back, check out how volunteering opportunities can benefit you! Improves Mental and Physical Health When you do good, you feel good. Those positive emotions lead to emotional resilience, which helps you in the face of crisis or stress. They also decrease stress while increasing positive, relaxed feelings. Volunteering gives you a sense of meaning and appreciation, which can reduce the symptoms of depression and anxiety.

Prevents Isolation and Promotes Socialization

Many older adults face social isolation, and it can have negative impacts on their overall health. Volunteering is a great way to network with members of the community and meet new people. Likewise, after moving to a new neighborhood or leaving a career, it is difficult to find a new social group. But when you work with people toward the same goal, you may find you have common interests with other volunteers. You can even invite your family or friends to help, and then catch up while doing something good for the community.

Gives a Feeling of Purpose Sometimes as life changes and you grow older, your sense of purpose may begin to fade. Volunteering can help recharge a zest for life and may even motivate you to set and accomplish new goals. You should volunteer for many reasons, whether it’s to give back to the community, help the environment, or satisfy your own personal needs. No matter why, it’s a great way to get out there and do some good. some individuals who would’ve run out of money or, on the flip side, have more money than they’d ever use in their lifetime. For each polar opposite situation, their goals were different and we helped them devise a plan that was right for them. If you’re wondering whether you need a financial plan, know someone in the same boat, or if you’re a client with a plan already in place and you have some questions, don’t hesitate to let us know. We are here to help ensure you are well- prepared for your future!

Volunteer activities also keep people moving. Whether it is carrying donation boxes,

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home insurance, life insurance, or auto insurance — risk protection is top of mind.

the plan annually to help keep them on the right path.

The financial planning process works so well that I truly believe everyone should have one. If you’re young, you may be able to do so with a financial calculator. But, the older you get — and the closer you are to retirement — the more important it is to have a written financial plan completed by a Certified Financial PlannerTM professional. The beauty about working with a certified financial planner is that they are charging you a fee for asset management or planning, and that designation makes them a fiduciary. This means they work in your best interest.

Health Care How do you pay for health care in conjunction with government programs such as Medicare and supplemental policies? What about if you lose the ability to perform life’s daily activities and require the assistance of a home health professional? Do you have funds to support this? Healthcare is a major cost in retirement and needs to be planned for appropriately, especially within your financial plan. As you can see, financial planning answers many of life’s what-ifs. When we first meet with a client, we go through a financial plan to get a bellwether of where they are and to see if they are on track to hit their goals. Then, we revisit

Kelly Campbell

We have helped so many people through this planning process and have seen

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