Smart Phones, Safety, and Seniors Smart Phones, Safety, and Seniors So Many Benefits Thursday, March 12, 2020 0 Your smart phone has the power to keep you connected and safe. Whether you use your phone for entertainment, socializing, brain-training, as a financial tool, or keeping your body healthy and... Read more
Seniors & Technology Seniors & Technology Get On Board! Thursday, March 12, 2020 0 We live in a digital world and ours lives are now governed by our devices. Platforms and apps such as Facebook, YouTube, Instagram, Twitter, LinkedIn, Pinterest, Zoom, Skype, Google Hangouts, and... Read more
Importance of Sleep Importance of Sleep Older Adults and Longevity Thursday, March 12, 2020 0 Sleep issues tend to mount as we get older. According to a National Sleep Foundation's comprehensive study, we have a harder time falling asleep, have more trouble staying asleep and have lighter... Read more
Thinking About Downsizing? Thinking About Downsizing? It Might Be Time To Move Thursday, March 12, 2020 0 Adapted from a recent publication, Michael Longsdon discusses some reasons, tips, and practicalities regarding downsizing and simplifying your life. 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 33249 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!