The Power of Journaling: Lila's Good Health The Power of Journaling: Lila's Good Health Leisure Wednesday, February 8, 2023 0 Gracefully Greying Health Reporter Lila Lazarus shows us why we should embrace the power of journaling. Read more
Doctor’s Appointments to Make This Year Doctor’s Appointments to Make This Year Health Tuesday, January 31, 2023 0 Blue Cross Blue Shield's MI Blues Perspective presents Doctor's Appointments to Make This Year. Read more
Daughter of Holocaust Survivors: Fran Parker Daughter of Holocaust Survivors: Fran Parker Life Stages Tuesday, January 31, 2023 0 On the eve of the International Day recognizing Holocaust Victims, we welcomed the daughter of survivors, Fran Parker, PhD. Read more
Navigating Grandparent/Grandchildren Time Navigating Grandparent/Grandchildren Time Legal Thursday, January 26, 2023 0 Jordana Wolfson, LMSW, M.A., Ed. Sp., founder of Co-Parenting Solutions, discusses navigating special times of the year with your grandchildren when their parents are divorced. 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!