Scamming Seniors Scamming Seniors Crimes Against the Elderly Monday, January 31, 2022 0 As vigilant as we all try to be, criminals seem to always be one step ahead. Between fake phone calls, internet and social media scams, there are more and more instances of crimes against the... Read more
Fall Prevention for Seniors Fall Prevention for Seniors Risk Assessment and Strategies for Fall Prevention Monday, January 31, 2022 0 Better fall prevention strategies could help lower costs for hospitals, insurers, and the federal government, as well as lower health care premiums and tax bills for everyone. Fall prevention for... Read more
Getting Your Taxes Back On Track Getting Your Taxes Back On Track With Robert Manela, C.P.A. Thursday, January 27, 2022 0 View the Gracefully Greying Facebook Livestream to learn how to get your taxes back on track. Read more
Senior Immigrants Benefit from Community Engagement Senior Immigrants Benefit from Community Engagement Harry Cline, Gracefully Greying Contributing Writer Monday, January 17, 2022 0 Moving to a new area as a senior can be challenging, so it’s essential to get involved in your community. 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 31854 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!