Are There More Grey Divorces? Are There More Grey Divorces? Facts, Figures and Reasons Wednesday, February 26, 2020 0 As our population is aging, the Gray Divorce is on the rise. Having a 'midlife crisis' is a 'thing' that we often hear about, but what exactly is a midlife crisis, and does it even exist? Read more
Senior Personal Injury Issues - Part 2 Senior Personal Injury Issues - Part 2 With Ven Johnson Wednesday, February 26, 2020 0 Henry Gornbein and Ven Johnson continue their discussion on personal injury issues. Ven discusses nursing home issues vs. hospital issues and how they relate to medical malpractice. Ven then talks... Read more
Retirement & Murder Retirement & Murder With Judge Jack McDonald Wednesday, February 26, 2020 0 Retired Oakland County Circuit Court Judge Jack McDonald discusses his retirement and a famous murder trial. Read more
WATCH: Conservatorships WATCH: Conservatorships With Irena Politano Wednesday, February 26, 2020 0 Irena Politano covers the important topic of navigating the probate courts for guardians and conservators. Those who can no longer take care of their physical needs or the economics often require... 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 33257 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!