Helping People Move Forward with Their Lives.
• Protect and Review
annually. Keep a
long-term outlook
as your investments
will transfer to heirs,
diversify sources of
income, and maintain
positions in reputable companies and
institutions.
• Maintain the tax deferral benefits that are
attached to IRAs, Roth IRAs and other
types of retirement designated accounts.
• Avoid scams or deception. It may be
harder as we get older, so forms of
payment should be able to be controlled
and stopped immediately if necessary.
Involve your spouse or children in many
decisions to prevent adverse withdrawals
or movements that could put funds in
the wrong hands.
• Use controllable ways to manage
retirement income or disbursements
so needs are met effectively, without
oversaving or overspending.
• Draft estate documents with an attorney
and other advisors, and save documents
in a safe box to avoid water or fire
damage.
• Review your beneficiaries annually to
account for changes. Ensure proper
titling of accounts and assets to pass
property by operation of the death
certificate.
5. STAY SOCIALLY ACTIVE
Many seniors find getting older a bit scary.
It’s a time to think about taking better care
of yourself to make sure your golden years
are vibrant and meaningful. For most older
adults, good health ensures independence,
security and productivity. Joining a senior
center is a great way to stay active and
healthy, meet people, and learn something
new. Research shows that older adults who
participate in senior center programs can
learn to manage and delay the onset of
chronic disease and experience measurable
improvements in their physical, social,
spiritual, emotional, mental, and economic
well-being. It can help stimulate the mind
to ward off degenerative conditions such as
dementia and depression. Often centers will
bring in speakers to talk on various topics
such as health, nutrition, Medicare and
insurance issues, and inspiration. You can
learn to knit, crochet, line dance, or read and
write poetry and short stories. They offer a
wide range of activities such as art classes and
fitness classes, card and table games, Bingo,
book clubs and movies just to name a few.
Contributors:
Julie Hartmann, PT, DSc, GCS, Gannon University,
814-871-5723
Nadine Clement, HCF Management (Fairview Manor),
814-706-1293
Helen Agresti, Professional Nutrition Consulting, LLC,
www.pronutritionconsulting.com
Gilles Mulard, Waddell & Reed,
814-504-9759
Amy Chevalier, Mercy Hilltop Center,
814-824-2214
The Niagara Network is a group of business professionals affiliated with the human services
industry. If you would like to join or find out more information about the group and its members,
visit the Niagara Network’s web site at http://www.NiagaraNetwork.net.
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