Investing In Our Community... Investing In YOU!

Secure Online Banking

Enroll

 

OLBandBP

MBC's LifeStage Solutions
RETIREMENT

Protect Your Wealth and Start Paying Yourself

The freedom to live the retirement lifestyle of your choice with more time to spend with your friends and family can make your retirement years truly enjoyable. However, this is not the time to become complacent about your financial initiatives. Stay open to new ideas and opportunities to leverage your money, even if you are satisfied with your products and their performance.

Here are some ways Midwest BankCentre can help you fortify your financial position during your retirement years:

Conserve time and money with Midwest BankCentre’s convenient checking accounts with online banking and bill pay and surcharge-free ATM services

You’ll reduce the time it takes to pay your bills and save on the expense of printed paper checks and postage while helping the environment as well.

back to top

Leave a legacy with a trust

Speaking with a trust attorneycan help you plan for the special needs of your children, aging parents, or the responsibilities of higher education and more. A trust professional can help you in the areas of trust administration and estate planning to grow your assets, save on taxes and protect and manage your property. Click Here to download information on trusts from the Attorney General of Missouri.

back to top

Relieve your family from making difficult decisions

Decisions about the disposition of your estate, a living will, burial and funeral arrangements can be made now so your wishes will be known and your family will be relieved of making important decisions under duress.

back to top

Rent a safe deposit box

This a convenient place to store important items that would be difficult or impossible to replace. Midwest BankCentre’s safe deposit boxes offer privacy and in most cases, greater security than keeping your valuables and important documents elsewhere. Additionally, some insurance companies charge lower insurance premiums on valuables kept in a bank's safe deposit box instead of at home.

Visit your most convenient Midwest BankCentre location to find the box that best fits your needs.

back to top

Tips for Effective Financial Management

  • Take advantage of senior discounts wherever you can, and don’t be shy in asking for them.
  • Do not invest with someone you don't know. Scams targeted at retirees abound. Your investment opportunities should be carefully researched and verified by reputable professionals.
  • Be informed. From your investments to your insurance you’ll want to audit your current portfolio and policies and make the necessary changes to reflect your needs and preferences as a retiree.
  • Create a complete and detailed listing of your financial, investment, insurance and trust products and put a copy in your safe deposit box.
  • Ask a trust professional for an estate planning guide.

For help determining the best accounts and products for sound and productive money management during your Retirement Lifestage, please contact us at (314) 631-5500 or email us.