Simply Supported
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A Complete Solution for Older AdultsSome aging family members are fully functioning and
independent, however, they may have occasional health issues or just feel overwhelmed with the pace and volume associated with paying their bills and staying organized. Alternatively, many families are also trying to balance the responsibilities at work, home and caring for aging family members, many of whom do not reside in the same state. This is a daunting and often overwhelming responsibility. We help ease your stress by making sure the daily money matters are taken care of in a professional and courteous manner. |
"If everyone is moving forward together, then success takes care of itself."
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Many older adults benefit from our Bill Pay Solution to help them manage their finances efficiently.
This Solution manages all aspects of bill payments, from receiving and reviewing bills to ensuring timely payment of utilities, medical expenses, and other monthly obligations. By assisting with these tasks, Simply Balanced Solutions helps significantly reduce the risk of late payments, penalties, financial mismanagement and financial exploitation. This comprehensive Solution offers peace of mind to older adults and their families, knowing that financial responsibilities are managed efficiently and accurately. It also allows older adults to focus on enjoying their retirement without the burden of managing daily financial tasks. |
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A key component of our Simply Supported Solution, Organization assists older adults, focusing on organizing financial documents by creating easy-to-access paper filing systems both in-person and online.
For in-person services, we establish filing systems tailored to your needs. For online services, paper bills are mailed to us for scanning and uploading. Electronic files are securely uploaded and stored in the cloud, facilitating easy sharing with professionals and family members to maintain persistent records. We also compile important information, including ICE contacts, doctors, and usernames/passwords, and other relevant information ensuring all essential details are organized and readily available when needed. |
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Our Reporting within the Simply Supported solution provides detailed financial reporting for older adults, ensuring a clear understanding of their financial situation.
With it, we generate comprehensive reports on income and expenses, giving a clear picture of monthly financial activities. We also calculate net worth, providing a snapshot of overall financial health. Additionally, we create spending forecasts in cooperation with your CPA or CFP, offering tailored projections and financial planning insights. This collaboration ensures that spending plans are realistic and aligned with long-term goals. These reports empower older adults to make informed decisions, maintain financial stability, and achieve peace of mind regarding their financial future. |
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Our Records & Communications ensures seamless records and collaborative communications management for older adults.
This comprehensive approach ensures that all approved parties are informed and involved, promoting transparency and coordinated care for the client's financial and personal well-being. |
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Rounding out our Simply Supported Solution is our Reconciliation, ensuring financial stability and peace of mind.
Through it we meticulously assess account balances and review current transactions to confirm that adequate funds are available for upcoming expenses. This careful monitoring helps reduce overdrafts and missed payments, maintaining our client’s financial health. By regularly checking and balancing accounts, Simply Balanced Solutions ensures that all transactions are accurate and that any discrepancies are promptly addressed. This proactive approach to financial management allows older adults to stay on top of their finances, reducing stress and promoting confidence in their financial affairs. |
