Posts Tagged ‘ senior financial concerns ’

SENIORS: ADDING UP ASSETS AND LIABILITIES

Mar 15th, 2012 | By | Category: Senior Moments Blog

Periodically, it is useful to add up one’s financials in order to determine where you are. Doing so with some regularity enables one to head off being surprised, ill prepared or down right shocked. Going along, assuming that all is well is a very dangerous strategy. A sudden wake up call can be debilitating to one’s frame of mind, particularly if the revelation includes a downturn you weren’t prepared for.

Just as one is ordinarily aware of how much cash he/she has on hand, knowing the value of assets and the predictable health of those assets makes for a healthier frame of mind. If you are partnered, you and your partner should stay in touch with the big picture, be aware of any unanticipated expenses or downturns that may affect your situation. While it is not essential to have a review down to the penny, it is helpful to keep in mind the trends, e.g. bank account balances, totals in portfolio investments, anticipated lay outs



Senior Finances: Understanding the Federal Debt Ceiling Issue

Jan 14th, 2011 | By | Category: Senior Finances

We senior citizens have all been reading a lot about the federal debt ceiling issue; some of us supported candidates based on their commitment not to increase federal debt.  They said they would not support any legislation that would increase our national debt.  Now we are being told those politicians who said they would not (never) […]