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The Southwest Suburban Center on Aging is sponsoring “Banking and Your Money/Investment Strategies,” the first seminar in a series called “Seniors and the Economy.” The program will be offered at 1 p.m. Tuesday, Jan. 27, at the facility’s office, 111 W. Harris Ave., La Grange.
The slumping stock market, spiraling housing prices, rising health costs and dwindling pensions have forced millions of seniors to assess their long-term financial situations. According to the Urban Institute, more than 94 million Americans aged 50 and older who are approaching retirement or already retired have been greatly impacted by the downturn in the economy. In the last 12 months, retirement accounts have lost more than 18 percent of their value. This session, presented by The Community Bank of Western Springs, will offer tips for protecting bank accounts and money and insight into rollover, cash out or leave in.
Housing and credit issues will be addressed in future programs. The dates and times are to be announced.
For more information or to make a reservation, call (708) 354-1323.
The Center on Aging is a nonprofit organization serving as a resource with expert information, programs and services enabling older adults to remain independent and their families to make the best, most informed decisions regarding needed care in their lives. Serving 22 communities in suburban Chicago, center programs and services are made possible by community support and donations and in part by the Illinois Department on Aging, AgeOptions, Community Memorial Foundation and local United Ways. For more information, www.swscoa.org.
The Southwest Suburban Center on Aging is sponsoring “Banking and Your Money/Investment Strategies,” the first seminar in a series called “Seniors and the Economy.” The program will be offered at 1 p.m. Tuesday, Jan. 27, at the facility’s office, 111 W. Harris Ave., La Grange.
The slumping stock market, spiraling housing prices, rising health costs and dwindling pensions have forced millions of seniors to assess their long-term financial situations. According to the Urban Institute, more than 94 million Americans aged 50 and older who are approaching retirement or already retired have been greatly impacted by the downturn in the economy. In the last 12 months, retirement accounts have lost more than 18 percent of their value. This session, presented by The Community Bank of Western Springs, will offer tips for protecting bank accounts and money and insight into rollover, cash out or leave in.
Housing and credit issues will be addressed in future programs. The dates and times are to be announced.
For more information or to make a reservation, call (708) 354-1323.
The Center on Aging is a nonprofit organization serving as a resource with expert information, programs and services enabling older adults to remain independent and their families to make the best, most informed decisions regarding needed care in their lives. Serving 22 communities in suburban Chicago, center programs and services are made possible by community support and donations and in part by the Illinois Department on Aging, AgeOptions, Community Memorial Foundation and local United Ways. For more information, www.swscoa.org.
