Page 44 - September Issue

RETIREMENT PLANNING CONTINUED FROM PAGE 43
ADDRESSING OFFICER WELLNESS CONTINUED FROM PAGE 42
protection. A financial professional can become a very important ally in helping to address the various decisions you will face at this important juncture.
only ones who feel a particular way. Once others realize they are not alone with their feelings they not only form bonds, but also glean off of others’ experiences to help them handle and cope with things if they were to face them again in the future.
You may want to discuss: • Health care needs and costs, as well as retiree health insur-
Stage 4 – Respect: In this stage, law enforcement professionals place a lot of value with this particular characteristic. If we learn to generate respect through communication then there is always the possibility that that respect will contagiously bleed over in a positive manner into other areas of our lives and provide a means for dis- rupting the cyclical frustrations in our personal and professional lives.
ance. • Income-producing investment vehicles. • Tax rates and living expenses in your desired retirement
location. • Rollover options to an IRA.
As law enforcement professionals, we must realize verbal com- munication is a critical tool. Personal and work-related stressors should constructively be addressed through communication. Once critical dialogue is started, the likelihood of personal stress reduction is possible. Taking the myth of “complexity” out of how to communicate with others effectively is the first step toward an everyday application of this concept. We hope that this model offers a new perspective on utilizing communication in an effective man- ner and provides you with an additional outlet for personal and pro- fessional stress relief.
Other considerations
Throughout your career, you may face many important decisions regarding your retirement savings. As you make decisions about your plan, be sure to review it alongside your other savings and investment strategies. You will want to review your portfolio at least annually and as major events (marriage, divorce, birth of a child, job change) occur throughout your life.
Eric Cacioppo has 15 years of experience in the financial services indus- try. His experience includes a broad range of individual and family needs including retirement planning, financial protection, investment plan- ning, educational planning and estate planning. He is licensed for life, accident and health insurance and securities, Series #6 and #63. To con- tact Eric, call 847-826-8164 or email eric@mafcompanies.com or info@mafcompanies.com. Or contact Chicago Patrolmen’s Federal Credit Union’s Financial Planning & Education Center at 312-499-8888.
Dr. Robin Kroll is a Clinical Psychologist in independent practice with offices that serve Chicago as well as suburbs in Cook and Lake Coun- ties. Dr. Kroll is the Director of Interventions and specializes in police and public safety. Her concentration includes working with police offi- cers in individual, group and family therapy for issues related to addic- tion, mood disorders, work-related matters and Post Traumatic Stress Disorder. Dr. Kroll speaks at police and public safety conferences and implements stress management workshops for law enforcement agen- cies.
44 CHICAGO LODGE 7 ■ SEPTEMBER 2015