Senior Driving Tips Senior Driving Tips Leisure Wednesday, May 11, 2022 0 Sheryl Alpern a veteran driver's ed teacher joins Gracefully Greying to discuss tips for senior drivers. Read more
Avoid Probate Court! Avoid Probate Court! Legal Thursday, April 21, 2022 0 Lipson Neilson attorney and probate litigator Steve Malach discusses the many reasons that you should avoid probate court, for yourself and your family! Read more
Healing Through Prayer Healing Through Prayer Life Stages Thursday, April 21, 2022 0 Cantor Neil Michaels shares with us the Mi Shebeirach - meaning ‘the One who blessed’ - a blessing for individuals or groups in times struggle or facing emotional or spiritual challenges. Read more
The Power of Breakfast The Power of Breakfast Health Tuesday, April 5, 2022 0 Our health correspondent Lila Lazarus is joined by Blue Cross Blue Shield nutritionist Shanthi Appelo as they enjoy a virtual breakfast together. Read more
Laurie Blume / Wednesday, March 11, 2020 / Categories: Financial, Money Management Key Financial Tips - Don’t Panic! Remain Calm in Turbulent Times Here are a few financial tips for those of us who are Gracefully Greying adapted from the Financial Manager and AARP Magazine: Do not panic. Panic is the enemy. Diversification is your safety net. Make sure that your money is spread among different types of investments, such as U.S. stocks, foreign stocks, bonds and publicly traded real estate trusts. Investing in mutual funds is safer than buying individual stocks and bonds. It is hard to plan for economic calamity. Think twice before paying off your mortgage if it uses up a lot of cash. Do not panic and sell too early. This is how most people get hurt by market downturns. Panic is your biggest enemy. Do not be overconfident either. There are always down turns in the market. The four most dangerous words when the markets have been strong for a long time: “This time it’s different.” Another good read is Suze Orman's article 10 Steps to our Ultimate 'Retirement, published in AARP. Another important read is published by U.S. News & World Report, What the Coronavirus Means for Your Retirement Finances. Print 31844 Tags: Financial Financial Planning Related articles A Tale of Two Losses: Your Memory & Your Money Can't Pay Your Taxes? The Perils of Caregiving: Protecting Finances Choosing A Financial Advisor Daily Money Management Reverse Mortgages for Seniors The Cost of Long-Term Care Saving for the 3 Stages of Retirement Seniors and Reverse Mortgages Don't Panic!