How safe is that safe deposit box

How safe is that safe deposit box

My neighbor John has been collecting gold coins for the past 20 years. Upon buying a coin, he would place it in the safe deposit box he and his wife, Caitlin, rented at their bank.

John put the gold there for an obvious reason: security.

A thick steel door safeguards hundreds of stacked metal boxes. The boxes are protected by a two-key system.

The bank gives you one key to use in combination with a “guard key” held by a bank employee. In addition, you must provide personal identification and sign the register every time you visit the bank to access your box.

If your bank uses a keyless system, you will instead be asked to scan your finger or hand.

A few weeks ago, Caitlin decided to go to the box, count the large stack of coins and calculate their value (roughly estimated at $100,000). She and John are retired now and thinking about tapping into their nest egg.

Another reminder not to ignore symptoms of heart attack

Another reminder not to ignore symptoms of heart attack

A few weeks ago, as he was walking his dog around his neighborhood, my friend Jerry experienced pain and pressure in his chest. He’d forgotten his cellphone, so he continued up the hill to his house, stopping four times to catch his breath before arriving home.

Once he was inside the pain subsided, and he went about his daily business.

Later that week Jerry and his wife went to their gym for a yoga class. His wife commented that he was sweating profusely throughout the class, which was unusual for him.

The chest pain came and went over the course of a few more days. Then, as Jerry described it, his “teeth began to hurt”; it was likely more accurate that he was experiencing jaw pain.

The next day his wife was working from home, and Jerry’s discomfort was acute enough that he suggested maybe they ought to go to urgent care.

No gifts this birthday, plan memories instead

No gifts this birthday, plan memories instead

I recently visited New Hampshire to join my mother in celebrating her 85th birthday.

While planning the visit, I asked my mother if she would like to go on a short trip with me—maybe a visit to Cape Cod or to Maine?

My mother has temporarily lost her “partner in crime” for outings. My sister is in “grandma mode,” babysitting her 4-monthold grandson four days a week.

On the girlfriend front, my mother was never much of a socializer. She preferred to spend time with her family and work at her job, and then in retirement tend to her husband’s needs. Having a gal pal was really not her thing.

My mother always displayed a true New England work ethic. When I was a child, if a neighbor called to gossip or chat, my mother 

Want your legacy to live on? Consider a charitable gift

Want your legacy to live on? Consider a charitable gift

When most people hear the words “planned giving,” their eyes glaze over.

In the over-50 population, there’s a general lack of awareness and understanding about the concept. This is too bad, because with the collective wealth of baby boomers, their planned gifts can have significant social impact.

Planned giving is the process of making a sizable charitable gift either during a donor’s life or at their death as part of their financial or estate plan.

So, what does designating a charitable gift in a will or an estate plan entail?

Well, first and foremost, it requires thinking about one’s death—an uncomfortable topic for many people and downright taboo in some cultures.

The process of making a planned gift may also conjure up complex financial and technical legal protocols. That’s why many people turn to an estate planning attorney when contemplating distribution of their assets.

Wise friends can be of great value in our elder years

Wise friends can be of great value in our elder years

I’ve trained my mom to be a case manager for seniors. Well, not really, but linking our daily conversations along with her 85 years of life experience, my mom can give some pretty good advice when asked.

Mom has known her close friend Bernadette since high school. They both married their hometown sweethearts, and the two couples moved and bought houses less than a block from one another.

They raised their children together, and when the kids began school, my mother and Bernadette found jobs at the same school district. They worked there for many years until their retirement.

The similarities did not stop there. Bernadette’s husband received a Parkinson’s diagnosis in his early 70s. My dad was diagnosed just a few years later. It was a blow to all of us that two men who became such close friends would be diagnosed with the same serious disease within such a short time span.

Divorce prevalent among boomers

Divorce prevalent among boomers

Today’s baby boomers range from 55 to 73 years old.

Studies show that “gray divorce”—marital splits among senior and nearly senior citizens— is increasingly common.

According to a Pew Research Center report, the divorce rate for people in the United States age 50 and older is now about double what it was in the 1990s. And, according to data from the National Center for Health Statistics and U.S. Census Bureau, the divorce rate for those 65 and older tripled from 1990 to 2015.

Experts say the trend makes sense and there are several reasons why divorce has become more popular at an older age.

Let’s begin with the fact that the stigma of divorce has lessened over time.

Artwork may hold the key to effective problem-solving

Artwork may hold the key to effective problem-solving

Many years ago I took courses at the Center for Creative Leadership, a world-renowned leadership-development firm.

I worked for Dole at the time, and I guess they had high hopes for my changing the world, or at least improving my portion of the organization.

One of the courses I took was called “Leading Creatively.” I recall it vividly, mostly because of the unique lessons it provided on problem-solving.

Each of us was to come to the course with one or two key business issues that were giving us difficulty. The instructors would use a variety of creative exercises to help us find solutions.

Winning the battle with robocallers

Winning the battle with robocallers

I just received my fifth email this month on the same topic.

In the email, my friend informed me he’s canceled his landline service and has chosen to use only his cellphone for voice communication because of the abundance of robocalls and scams he was receiving.

Unfortunately, this will not solve his robocall problem.

A robocall is a phone call with prerecorded messages. All robocalls are illegal, unless you have agreed to be called.

The reason we receive so many of these calls is that technology has made it easy and cheap for robocallers, and there’s money to be made by scammers.

Robocalls are the No. 1 consumer complaint to the Federal Trade Commission. According to the FTC, the agency received 4.5 million robocall complaints in 2017, an increase of 132% over 2016.

Giving time becomes its own gift

Giving time becomes its own gift

I volunteered to work at the recent Thousand Oaks Chili Cook-Off for a friend who was going out of town and didn’t want to leave the Rotary Club that puts on the event short-handed.

It was to be an all-day assignment, so I asked my husband if he’d like to join me. I have no idea why he said yes. Maybe it was because I was assigned to work the beer booth.

Upon arrival we met our team leader, Jim, and the other members of our group—one assigned to check IDs, one to place a bracelet on patrons’ wrists to signify they were of age, two to sell drink tickets, two to pour and two to serve the beer, wine and water. We helped with the latter.

We began at 10:30 a.m., and only at 2:30 p.m. could we finally take a breath. The line stayed about 20 deep the entire day. It was 5 p.m. by the time we broke down the booth, packed up and hugged our goodbyes.

Long-distance caregivers have a role to play

Long-distance caregivers have a role to play

If you live an hour or more away from a loved one who needs your care, you’re a long-distance caregiver.

Based upon the needs of the care receiver, as well as the skills, abilities and limitations of the caregiver, every long-distance caregiving experience is different.

I’ve been a long-distance caregiver on two occasions, each with its own set of responsibilities.

In the first instance, my mother and sister were the hands-on caregivers for my father, and since I was 3,000 miles away, I took on the role of long-distance caregiver.

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