As National Hurricane Preparedness Week arrives, there’s no better time to pause and prepare—especially here in Louisiana, where the Gulf Coast’s storms don’t discriminate. Lafayette residents know too well how quickly a calm season can shift into a state of emergency. But for retirees and those approaching retirement, the stakes are uniquely high—not just for safety, but for financial security.

Why Preparedness Matters More in Retirement

When you’re retired or close to it, you’re likely no longer relying on active income—and that means protecting your assets, property, and insurance coverage takes on greater urgency. Hurricanes don’t just threaten your home—they can derail years of careful financial planning if you’re not prepared.

Let’s talk about how to weather the storm—literally and financially.

Physical Preparedness Tips for Retirees

1. Review Your Evacuation Plan

Know your zone and plan your route. If mobility is an issue, register with local emergency assistance programs ahead of time.

2. Assemble a Senior-Ready Emergency Kit

Include not just flashlights and batteries, but a 30-day supply of prescriptions, medical documents, copies of IDs, and a list of emergency contacts.

3. Back-Up Power & Medical Devices

If you rely on powered medical equipment, look into portable generators or battery backups. Know where the nearest shelter with medical support is located.

4. Secure Important Documents

Use a waterproof, fireproof lockbox for:

• Insurance policies

• Legal documents (will, trust, power of attorney)

• Financial account information

• Medicare or Medicaid records
  
  

Financial Preparedness for Pre-Retirees and Retirees

1. Reassess Your Insurance Coverage

Homeowners insurance often doesn’t cover flood damage. Consider flood insurance, even if you’re not in a FEMA flood zone. Also, review your life insurance, umbrella liability policies, and long-term care plans.

2. Digitize Your Documents

Scan and store your financial records securely online. It’s a simple safeguard that allows for quick claims or access if physical files are lost in a storm.

3. Create a Disaster Fund

Maintain a liquid emergency fund of 3–6 months of expenses. This allows for flexibility when facing storm-related expenses—whether it’s temporary relocation, home repairs, or medical needs.

4. Meet with a Financial Expert

Storm season is an ideal time to revisit your financial plan. At Matthew James Tax & Wealth Management, we can help assess your portfolio’s resilience and ensure your retirement income plan is designed to weather more than just market storms.

Let’s Weatherproof Your Future

Being hurricane-ready means more than boarding up your windows—it means securing your peace of mind. If you’re looking for a partner who helps protect not just your home, but your legacy, let’s talk.

Schedule a Complimentary Retirement Financial Plan

We’ll help you build a storm-resistant financial strategy—from income protection to estate planning.