Philadelphia Financial Exploitation Prevention Task Force to host panel on combatting elder financial abuse
In observance of World Elder Abuse Awareness Day (WEAAD), the Philadelphia Financial Exploitation Prevention Taskforce will host its annual event focused on the steps seniors can take to protect their funds. “Charting the Course to Battle Elder Financial Exploitation” will be held on Friday, June 7 from 8:30 a.m. to 12 p.m. at the Federal Reserve Bank of Philadelphia.
Cut the clutter: How to organize all those papers, restore order at home
Is your home overloaded with papers? From catalogs to financial statements to receipts, pa- per can become an all-consuming mess that clutters our lives. Taking steps to organize and reduce your paper can help bring order to your home. “When you craft and maintain systems to manage your information, you’ll reduce stress, save money, increase your credibility and feel masterful,” says Leslie Robison, a professional organizer for more than 20 years and principal of Mastery Coaching and Consulting in Lansdale.
Protect your assets: Why you need a will
By Marcia Z. Siegal
Death can be an unpleasant topic, but it is important to think about which family members or friends you want to inherit your property and other assets after you are gone. Having a will can help give you peace of mind and assure your money and other possessions are left to the people you designate.
Older workers face opportunities, challenges after retirement
By Michael Hanisco
Whether it’s needed to pay the bills, a way to earn extra pocket money, or simply a strategy to stay engaged with others, many people end up returning to the workplace after retirement. According to the U.S. Bureau of Labor Statistics, between 1977 and 2007, the employment rate for workers 65 and older rose by 101 percent.
When elder financial abuse occurs within the family
By Marcia Z. Siegal
Financial exploitation is the fastest-rising form of elder abuse – costing seniors more than $36 billion each year – and more than half of those who victimize seniors financially are family members, the National Center on Elder Abuse (NCEA) reports.
Funding crisis is looming for PCA’s Emergency Fund
Philadelphia Corporation for Aging’s (PCA’s) Emergency Fund for Older Philadelphians, which provides crisis assistance to help low-income seniors to purchase food, fuel, medications and other necessities, is itself in crisis and may have to shut down soon if it doesn’t receive additional donations. Its balance is less than half of what is was last year at this time, according to Chris Gallagher, director of PCA’s Helpline call center, who oversees fund distribution.
Having the retirement you want
By Sally Friedman
“Retirement.” The word inspires dueling emotions, and when it crops up, those emotions can run high. People’s take on retirement can be as varied as how they see themselves, their lives and their natures. Exploring the future can be daunting, but retirement is more than just an abstract concept for many who are at or near what is generally regarded as “retirement age” – which, based on American culture and tradition, seems to hover around 65.