Retirement Planning from a Place of Sufficiency Retirement Planning from a Place of Sufficiency Scarcity vs. Sufficiency in Retirement Planning - Upending the Money Management Model Monday, June 1, 2020 0 Benjamin Combs discusses scarcity vs. sufficiency in retirement planning, and upending the money management model as he launches The Advisory Cooperative, a new virtual and brick-and-morter... Read more
Golden Connection Letter Writing Golden Connection Letter Writing Fighting Loneliness and Isolation Through Letters Monday, May 18, 2020 0 Bernadette Hudgins' Golden Connection Senior Services is a caregiving and consulting firm, whose focus is providing companionship and engaging in interactions and technology for seniors. Read more
Interior Design for Seniors Interior Design for Seniors With Shari Stein of Design Team + Thursday, May 14, 2020 0 Shari Stein is the principal interior designer of Design Team +, in Birmingham, Michigan. In this interview, we discuss her passion in designing user-friendly homes and assisted living facilities... Read more
Telemedicine at its Best Telemedicine at its Best With Justin Di Rezze, M.D. Wednesday, May 13, 2020 0 Justin Di Rezze, M.D., Chief Executive Officer of Theoria Medical and 5-Star Telemed, discusses the rising standard of care through state-of-the-art telemedicine in hospital and senior care... 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!