90-Year-Old Shares His Life 90-Year-Old Shares His Life Dr. Gerald Laker Monday, June 16, 2025 0 Dr. Gerald Laker, a retired dentist, shares the story of his childhood, career and family. Read more
Remediating Tax Debt Remediating Tax Debt Stephen Weisberg Monday, June 16, 2025 0 Tax Attorney, Stephen Weisberg helps us understand dealing with tax debts and the IRS. Read more
Mishaps and Negligence in Senior Living Facilities Mishaps and Negligence in Senior Living Facilities Attorney Randall Blau Monday, June 16, 2025 0 Attorney Randall Blau of Buckfire Law discusses common mishaps and negligence that can occur in assisted living facilities and nursing homes. Read more
Crucial Financial Strategies As We Retire Crucial Financial Strategies As We Retire Rebecca Abel, CFP, CDFA Monday, June 16, 2025 0 Certified Financial Planner Rebecca Abel discusses financial issues that we should be thinking about as we are reaching retirement age. 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 38015 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!