${site.data.firmName}${SEMFirmNameAlt}
Throughout Southern California
310-324-9403
Toll-Free
866-402-1805
View Our Practice Areas

Retirees -- Are Your Pet Expenses Manageable?

Warning: Don't let your pets crack your nest egg.
"The topic of pet expense is rarely discussed," says Richard Rosso, a senior financial adviser with Clarity Financial LLC, a Houston-based financial-planning firm. "But it shouldn't be ignored."

Retirement planning largely involves how to budget living expenses. Just make sure you have accounted for those furry or feathered family members too.

According to a recent article in The Wall Street Journal, as with most budget items, keeping track of projected and actual expenses is important. The article, titled "How Retirees Get Bitten by Pet Costs," warns that those nearing retirement or already retired who are considering a pet should keep in mind that animals are a "long, long-term" commitment.

When creating a pet budget, factor in unexpected costs, too, the WSJ article explains. Pet health insurance can range from $10 to $40 a month in premiums, based on the type of coverage and the size, breed and age of your pet. That article cautions that you understand exactly what is and isn't covered by any policy.

The article suggest two options for retirees who decide against buying pets but who want their company: pet sitting/pet walking or volunteering at an animal shelter. So keep these things in mind when you consider taking on a pet.

No Comments

Leave a comment
Comment Information
Email Us For A Response

Find Out The Difference That Experience And Expertise Makes

Get the peace of mind that you deserve. First, attend a seminar. This will entitle you to a free initial consultation and a discounted estate planning fee. To learn more about our services or sign up for a seminar, contact us online or call us at 866-402-1805. We have offices in Torrance, Orange, Newport Beach, Pasadena and Woodland Hills.

Questions? Contact Us.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Call Now For A Free Consultation: 866-402-1805
  • ${site.data.firmName}${SEMFirmNameAlt}
  • Main Office: Torrance

    Torrance Office
    990 West 190th Street
    Suite 500
    Torrance, CA 90502

    Toll Free: 866-402-1805
    Map & Directions

    Orange Office
    333 City Boulevard West
    17th Floor
    Orange, CA 92660

    Toll Free: 866-402-1805
    Map & Directions

    Newport Beach Office
    5000 Birch Street
    Suite 8000
    Newport Beach, CA 92660

    Toll Free: 866-402-1805
    Map & Directions

    Pasadena Office
    790 East Colorado Boulevard
    9th Floor
    Pasadena, CA 91101

    Toll Free: 866-402-1805
    Map & Directions

    Woodland Hills Office
    5850 Canoga Avenue
    4th Floor
    Woodland Hills, CA 91367

    Toll Free: 866-402-1805
    Map & Directions

    Office map
Check out The Law Firm of Kavesh, Minor & Otis on Yelp
Check out Kavesh Minor & Otis on Yelp
Check out The Law Firm of Kavesh, Minor & Otis - Orange on Yelp
Check out The Law Firm of Kavesh Minor & Otis - Pasadena on Yelp