My Readers My Readers Rose Cooper's Figurine Collection Tuesday, November 3, 2020 0 Rose Cooper, a resident of a senior living facility in West Bloomfield, MI, shares her passion for collecting reading figurines. Read more
The Early Riser The Early Riser Rose Cooper Reflects Tuesday, November 3, 2020 0 Rose Cooper, a resident of a senior living facility in West Bloomfield, MI, reflects on her morning routine. Read more
ZoomCrew and Virtual Workout ZoomCrew and Virtual Workout With Allison Kaplan, Owner, and Brett Powell, Business Manager of ZoomCrew Friday, October 30, 2020 0 ZoomCrew owner Allison Kaplan, and business manager Brett Powell join Henry to discuss the evolution of the ZoomCrew. Read more
Legend of the Law Legend of the Law With Retired Judge Wendy Potts Friday, October 30, 2020 0 Retired Judge Wendy Potts is a Legend of the Law. Wendy discusses her career path from teaching in the Detroit schools, attending law school as one of a few women, her time as a probate judge and... 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 33233 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 The Cost of Long-Term Care Reverse Mortgages for Seniors Saving for the 3 Stages of Retirement Seniors and Reverse Mortgages Don't Panic!