Posts Tagged ‘ retired ’

SOME FINANCIAL ‘UH-OH’s’ IN RETIREMENT

Mar 16th, 2013 | By Sharon Shaw Elrod MSW EdD | Category: Senior Finances

Some Unexpected Financial Hits Many seniors take a backward look at some point in retirement, and find their financial lives are somewhat different from what they expected. We did this recently, and found several expenses we neither anticipated nor expected.// Moving Expenses: We moved after 15 years of retirement. We did not anticipate doing that [...]



Retirees: Some Options for Managing Credit Card Debt

May 22nd, 2010 | By Sharon Shaw Elrod MSW EdD | Category: Senior Finances

Senior citizens carry the fastest-growing credit card debt in the United States today.  The average balance increased 149% from 1995 to 2004 among retirees 65 and older.   That figure continues on the rise.  If you find your credit card debt worrisome, this article is for you. You can choose to go to a debt relief [...]



Aging and Emotional Health: Relationships Matter

May 21st, 2010 | By Dr Jerry D Elrod | Category: Senior Moments Blog

How many family and friends are left in your circle? Are you old enough that you can discard them easily? Do you work at trying to maintain and sustain the friendships you have cultivated during your life? No matter where you are on life’s longevity scale, keeping your friends, some of whom are related, is a very important undertaking. They have given you more than likely you realize. They mean more than you have calculated. They are the treasures of life whose intrinsic value is predicated on how they share their love, how they are there for and with you at critical times.

My mother is now 90. She is my friend, one of my lifetime treasured friends, whom I know will always be there for me. There is no way to replace such a friend. There are others, but this is the ultimate



Social Security, Medicare and USA.gov Resources

May 20th, 2010 | By Sharon Shaw Elrod MSW EdD | Category: Social Security & Medicare

Social Security, Medicare and the United States Government!  What a combination!  USA.gov is a web site hub of almost unlimited resources, with seven sub-pages that include kids, teens, parents, Seniors, Military and Veterans, Americans Abroad, Media and More Audiences, (including Americans Living and Traveling Abroad).  The Seniors page really caught SCJ’s attention. It is a [...]



Wish I had Dones: Senior Citizen Musings

May 20th, 2010 | By Dr Jerry D Elrod | Category: Senior Moments Blog

There are so many. Making such a list is probably unwise. Reflecting very long on such, about which nothing can be done, is really a colossal waste. It only reminds that there were many times you could have acted differently, chosen more wisely, challenged your sensitivities more bravely.

But now, that time is all gone. Literally, ALL gone. There is no retracing of steps except in regret or perhaps joy at having had those moments. Regret is a wasteful expense of time and emotion and energy. As one ages, the temptation increases to spend more time looking back. Some reflection is not so bad. Too much is debilitating. Right now, when things seem to be turning so sour, the pull seems stronger. Weren’t there better times? Weren’t there moments when just being with someone special was the most



Senior Citizen Financial Concerns: What If It Gets Worse Before It Gets Better?

May 19th, 2010 | By Dr Jerry D Elrod | Category: Senior Moments Blog

Some expert financial prognosticators are predicting huge downturns in the economy before this year is out. They are basing their assessments on history, indicators of past downturns influenced by international finance and those having impact on the US economy. Seniors will do well not to discount their conclusions. We elders should also not jump to a panic response. The real question is what do senior citizens do if this state of affairs persists and gets worse before it gets better?

Careful, prudent, non reactive, incisive, and conservative judgment are among the best stances to assume. Even so, choices now can come too late. Jumping on a bandwagon with too few members of the band knowing how to play their instruments is not a decision of choice. Hoping you have enough stashed away in protected investments, whatever that now means, may provide



FOR SENIORS: TEN SIGNS OF ALZHEIMER’S

May 18th, 2010 | By Sharon Shaw Elrod MSW EdD | Category: Lifestyle, Health & Fitness

Senior citizens everywhere search for the latest research, information and advice about the dreaded disease, Alzheimer’s.  It is fatal, eventually, and so far there is no cure.  It sometimes hits as early as the 50s; that kind is known as ‘Early Onset Alzheimer’s’.  For most who succumb to the illness, onset occurs in the 70s. [...]



A Great Evening, a Wonderful Win: A Senior’s Reflections

May 18th, 2010 | By Dr Jerry D Elrod | Category: Senior Moments Blog

I didn’t like basketball for a whole lot of years. If you had gone from one end of the court to the other, with everyone screaming, and finally realized it was because you hadn’t dribbled the ball at all, you might have felt a twinge of embarrassment too. But now, all these millenia later when that memory has been shared too many times and you know more about basketball than you did then, and you can watch in the comfort of a den on a 50″ screen, things change. The Suns whomped the Spurs and the next set promises to be equally stimulating. It is fun, at a later age, to come to the permission to enjoy such entertainment, skill and wonderful excitement.

Never a sportsman of any kind in any arena, it is interesting that I can give up my poor performance for the sheer joy of cheering on the team of my choice. Never one who ever was able to play, to excel at any sport, I can now



Senior Citizen Financial Planning: Prepare For Economic Downturn

May 17th, 2010 | By Sharon Shaw Elrod MSW EdD | Category: Senior Finances

AOL’s Daily Finance Page today reports the possibility of a financial crash–yet again–this year (2010).  Senior citizens everywhere need to stay abreast of this issue because our income is fixed once we retire.   Charles Hugh Smith wrote the article, and poses this question: “Will the debt crisis ravaging European banks and the bursting of [...]



Senior Travel on European Trains: The Eurorail

May 17th, 2010 | By James E Becker | Category: Senior Travel

The best way to travel in Europe? Explore your favorite European destinations by rail with ‘Eurorail’ Passes. Popular for over 50 years, you may take as many trains as you wish with your Eurail Pass. How cool is that! Eurail Passes, also known as Euro Rail Passes, are train Passes for flexible rail travel throughout [...]