Wednesday, December 10, 2008

"Older but Wiser!"

Richard Crenian Blogs
December 10, 2008

“Older and Wiser?”

My mother fell yesterday and hurt her hip. It was the second fall in as many years.
She is 80. She still walks 3 km’s a day and in very good shape, however, the sidewalks are very slippery here, and it is very natural to be 80 and not quite have the grip one used to have.
Here are some facts:
“Preventing Falls in the Elderly
by K.R. Tremblay Jr., and C.E. Barber
( )
Quick Facts...
* The risk of falling increases with age and is greater for women than
for men.
* Two-thirds of those who experience a fall will fall again within six
* Falls are the leading cause of death from injury among people 65 or
* Approximately 9,500 deaths in older Americans are associated with
falls each year. The elderly account for seventy-five percent of deaths from
* More than half of all fatal falls involve people 75 or over, only 4
percent of the total population.

* Among people 65 to 69, one out of every 200 falls results in a hip
fracture, and among those 85 or over, one fall in 10 results in a hip
* One-fourth of those who fracture a hip die within six months of the

This was research I picked up this morning.
Question, are all your ducks in a row, money wise……..? Are you investing well so there are no worries to those you will one day leave behind?
Are your investments risky and should only be left to gamblers?
Do you have enough cash flowing investments when you get older so you have enough money to live on?

As we baby boomers start to age we need to think about these things. I can tell you my partner Howard, who sent me an email this morning to tell me it was going to be 70 degrees in Tucson today, is well prepared and ready. So call him and ask him how he does it? 4036304544, and bug him about not being on the golf course this morning!

My mother got back from the hospital last night and is fine, no broken bones, thank God!

Richard Crenian

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