A Tale of Two Losses: Your Memory & Your Money A Tale of Two Losses: Your Memory & Your Money Dr. Peter Lichtenberg, Wayne State University Friday, January 17, 2020 0 Older adults in the U.S. lose millions of dollars each year to financial exploitation and scams. Many factors make older adults vulnerable to financial predators, and the decline in memory and... Read more
Navigating Probate for Guardians Navigating Probate for Guardians With Irena Politano Friday, January 17, 2020 0 Join me and my guest, Irena Politano of Michigan Conservators as we discuss guardianships and conservatorships for those who are no longer able to take care of their personal needs. Read more
Got a Scary Caregiver? Got a Scary Caregiver? With Dr. Paula Duren Thursday, November 7, 2019 0 Join me and my guest, Dr. Paula Duren, of Universal Dementia Caregivers as we discuss the importance of finding the right caregiver for your loved one. More and more, people require caregivers.... Read more
Awesome Senior Home Products Awesome Senior Home Products Nexus Home Medical Equipment Wednesday, October 16, 2019 0 Learn about all of the products that are available for home medical care from my guest, Lisa Cousino, the director of sales and customer care of Nexus Home Medical Equipment. This is a key topic... 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 31817 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!