GlensFalls.com logo
GlensFalls.com logo
  • Back to GlensFalls.com
  • Lodging
  • Restaurants
  • Things To Do
  • Events
Glens Falls Business Journal
  • Home
  • New Businesses
  • Business News
  • Business Reports
  • Business Briefs
  • Business Registrations
  • Personnel Briefs
  • Contact Us

Category Archives: 50-Plus

Despite Building Closures, Senior Centers Provide Food Delivery And Virtual Activities

Posted onJuly 16, 2020July 16, 2020
The Moreau Community Center, like other senior centers in the area, is keeping in close contact with its membership and conducting programs stressing safety.
Courtesy Moreau Senior Center

By Susan E. Campbell
The high-risk elderly population has faced greater challenges than most other demographic groups during the coronavirus pandemic. But although their doors are temporarily closed, local senior citizens centers have made sure their members stay safe through outreach and by shifting programs into the digital realm.
As the staff of the Greater Glens Falls Senior Center moved work to their homes, they made calls to the 1,100 members to assess needs, according to Executive Director Kim Bren. In some cases, a senior services specialist was called in to arrange rides, although with social distancing requirement the center’s 12-person van could not transport more than one senior at a time.
“Many members who didn’t know exactly what we do are very appreciative and will be more active as we slowly get back to normal,” said Bren. “Staff has learned that talking to the members personally lets them hear different sides and opinions.”
Saratoga Senior Center also did one-on-one phone calls to nearly 2,000 seniors who were either active members or who had recently not renewed memberships, according to Lois Celeste, executive director.

Read More

Business Report: Lower ‘Reliance Rate’ During Retirement

Posted onJuly 16, 2020July 16, 2020
Meghan Murray is a financial advisor with
Edward Jones Financial in Queensbury.

By Meghan Murray
If you have decades to go until you retire, you don’t need to panic over volatile financial markets. You have plenty of time to regain lost ground and potentially achieve more growth in your investment portfolio.
But what if you are nearing retirement or already retired? After all, you will probably need to draw on your investments to pay for some of the costs associated with housing, food and the many other expenses you incur in daily life. So, is a down market cause for alarm?
It shouldn’t be. And you can help reduce your stress level by understanding your “reliance rate.” As its name suggests, your reliance rate tells you how much you rely on your portfolio—rather than other sources, such as Social Security or a pension—to meet your income needs during retirement.

Read More

U.S. Census Bureau: Age Group Of 65 And Older Exhibits Rapid Growth Since 2010

Posted onJuly 16, 2020July 16, 2020

The U.S. Census Bureau released estimates showing the nation’s 65-and-older population has grown rapidly since 2010, driven by the aging of Baby Boomers born between 1946 and 1964.
The 65-and-older population grew by over a third (34.2 percent or 13,787,044) during the past decade, and by 3.2 percent (1,688,924) from 2018 to 2019. The growth of this population contributed to an increase in the national median age from 37.2 years in 2010 to 38.4 in 2019, according to the Census Bureau’s 2019 population estimates.
“The first Baby Boomers reached 65 years old in 2011,” said Dr. Luke Rogers, chief of the Census Bureau’s Population Estimates Branch. “Since then, there’s been a rapid increase in the size of the 65-and-older population, which grew by over a third since 2010. No other age group saw such a fast increase. In fact, the under-18 population was smaller in 2019 than it was in 2010, in part due to lower fertility in the United States.”

Read More

Showcase Of Homes Event Canceled By Pandemic Concerns; Online Presence Planned

Posted onJuly 16, 2020July 16, 2020

This year’s “live” Showcase of Homes has been canceled by the Saratoga Builders Association due to public health and safety concerns from the COVID-19 pandemic.
The event this fall would have been he 25th for the organization.
This annual community event has contributed over $1.3 million dollars to local charities over the years.
Though the organization has dropped the “live” tour for 2020, officials said there will be special alternative programming this fall in several forms—online, virtual and TV—to celebrate “our builder’s homes and developments, plus provide a way for you to contribute to our two important local charities that normally benefit from ticket sales,” the group said in a statement. “The Showcase Committee is working on the details” and more information will be released in August.
“We are thankful for all the generous support of this annual event over the years and look forward to presenting the 2021 Saratoga Showcase of Homes next year as we celebrate our 25th anniversary,” the group statement said.

Read More

Senior Center of Kingsbury And Fort Edward Runs Programs That Improve Quality Of Life

Posted onJuly 15, 2019
Max McDonnell, executive director of the Senior Center of Kingsbury and Fort Edward, oversees programs that include physical fitness, cultural enrichment, nutrition, education and health.

by Andrea Palmer

The Senior Center of Kingsbury and Fort Edward, 78 Oak St., Hudson Falls, has been an area resource for many years.

Max McDonnell, executive director of the center for nine of those years said he is “proud of all the services, programs and activities we have. We work closely with the municipalities of the town of Kingsbury the village of Hudson Falls and the town and village of Fort Edward. We work closely with the Washington County Office for the Aging, and the Tri-County United Way.”

“It’s a rewarding job,” said McDonnell. “What a great opportunity it is to work with seniors, and to be the director of the Senior Center. I enjoy going to work every day.”

He said the center gives the seniors the opportunities they want and need “to live the best lives possible. This includes physical fitness, transportation, cultural enrichment, socialization, nutrition, education and health information, and community interaction.”

Read More

People Over 50 Opening A Business Should Be Careful With Investment Funds

Posted onJuly 15, 2019
Ginny Brandreth is the co-owner of Zobel & Co. kitchens in Glens Falls.

By Christine Graf

An estimated 29 million Americans between the ages of 50 and 70 say they are interested in starting a new business. In recent years, more than a quarter of all new businesses were started by people over the age of 50, analysts say.

Starting a business at any age can be a daunting task, and approximately half of all new small businesses close within five years. It is for that reason that experts warn those in the 50-plus  age group to avoid investing their retirement income in new business. If a business fails, there is less time to rebuild these retirement savings.

Lake George human resources consultant Gail Hamel advises new business owners to be prepared to weather financial difficulties.

“They have to make sure they are going to be able to live without making money, and that they have some sort of fallback for a while until money starts coming in. I think that’s the hardest part for a lot of people. It’s not for everybody,” she said.

Hamel started her own business, Hamel Resources, when she was 52. She said it took almost two year before her business began to generate a steady stream of income. Before starting her own company, she worked as a human resources manager for a bank with more than 20,000 employees.

“I went from that steady paycheck getting dumped into my account every two weeks to draining my savings,” she said.

Read More

Wesley Community Renovating Apartments; Phased Work Schedule Is Three Years-Plus

Posted onJuly 15, 2019
The Wesley Community CEO Brian Nealon says a renovation project will cost $20 million.
©2019 Saratoga Photographer.com

By Jennifer Farnsworth

The Wesley Community in Saratoga is undergoing renovations.

Wesley CEO Brian Nealon said the $20 million  project will include apartment renovations, a memory care assisted living facility and a training center.

Nealon said the entire project will take about three and a half years to complete, pending final approval from the city.

Renovations on the 37-acre property have already begun on the Springs building, the oldest part of the property, according to Nealon.

He said the fifth floor of the residential building has been completed and they will continue to work their way down to lower floors, working on about a quarter of the floor at a time.

AOW Associates of Albany is the construction manager.

Read More

Organize Senior Moves LLC Helps Older People Settle Into New Home, Surroundings

Posted onJuly 11, 2018July 12, 2018
Organize Senior Moves LLC helps senior citizens decide on new living arrangements.
Courtesy Organize Senior Moves LLC

By Susan E. Campbell

Choosing to leave one’s home is one of the last major decisions a senior citizen may make, and one of the most difficult. A local company serving the Capital District and beyond is helping to make not only the decision but also the transition a comfortable, stress-free process.

“We really do make moving easier,” said Michelle Kavanagh, CEO and founder of Organize Senior Moves LLC, a certified woman-owned business.

Kavanaugh’s enterprise was first a companionship service offering such help as food shopping and preparing meals.

Read More

Business Report: The Caregiver’s Conundrum

Posted onJuly 11, 2018July 12, 2018
David Kubikian is a principal with Herzog Law Firm in Saratoga Springs.

By David Kubikian

When I meet with prospective clients who want to engage in estate or elder law planning, it is not uncommon to hear them forcefully tell me something along the lines of, “I will never go to a nursing home” and/or hear them allude to preferring to take walk in the woods and “take matters into their own hands”

 I understand what they are saying. It should be nobody’s life goal to ever call a skilled nursing facility their home. Nonetheless, we don’t always have a choice in life and the truth is that with caring and compassionate skilled care, the quality of our life can greatly be enhanced, even in a nursing home. There is however, an alternative called “aging in place”.

Read More

Business Report: Planning For Peace Of Mind

Posted onJuly 12, 2017
Brian M. Johnson, director of business development. New York Long Term Care Brokers Ltd.

By Brian M. Johnson, MBA, CLTC

If you’re approaching age 50 or thinking of retirement, keep this acronym in mind “SWAN.”

Surveys from folks in this retirement planning age group are interesting because these concerns are almost always in their answers to questions such as:  What do you worry about after your working years are over?

Here are some top concerns:

• Outliving my money.

• Keeping my nest-egg secure (no or little risk of principal).

• Dying too soon.

• Becoming sick or disabled which in turn could eat up my retirement nest-egg.

• Becoming dependent on my children.

• Leaving a meaningful and significant legacy to my children/grand-children/charity.

These concerns are real-life and can happen to any of us without proper planning

This is where my “SWAN” comes in. It stands for Sleep Well at Night.

If you have this SWAN wish for yourself or a parent/family member, then you need to speak with a competent financial/insurance advisor that knows about a fairly new financial-insurance product that is extremely popular to folks approaching age 50 and above. 

It combines long term care, critical illness and life insurance along with tax advantaged cash value build up that can be used as an annuity income stream for retirement.

Read More

Posts navigation

1 2 3 Next
Subscribe to Our Newsletter
View the Latest Virtual Edition
 SUBSCRIBE TO OUR NEWS FEED

Categories

  • 50-Plus
  • Banking
  • Banking / Asset Managment
  • Building Trades
  • Business Briefs
  • Business News
  • Business Registrations
  • Business Reports
  • Commercial / Residential Real Estate
  • Construction
  • Construction Planning
  • Corporate Tax / Business Planning
  • Cyber/Tech
  • Dining Guide
  • Economic Outlook 2017
  • Economic Outlook 2018
  • Economic Outlook 2019
  • Economic Outlook 2020
  • Economical Development
  • Education / Training
  • Entrepreneurial Women
  • Entrepreneurs
  • Entrepreneurship
  • Environment / Development
  • Exclusives
  • Financial Planning / Investments
  • Fitness / Nutrition
  • Health / Community Services
  • Health & Fitness
  • Health & Wellness
  • Healthcare
  • Holiday Shopping Guide
  • Home / Energy
  • Home & Real Estate
  • Insurance / Employee Benefits
  • Insurance / Medical Services
  • Legal / Accounting
  • Meet The Chef
  • My Turn
  • New Businesses
  • Non-Profits
  • Office / Computers / New Media
  • Office / HR / Employment
  • Office / New Media
  • Office / Tech / eCommerce
  • Office / Technology
  • Office / Work Place / Legal
  • Outlook 2016
  • Outlook 2021
  • Personnel Briefs
  • Retirement Planning
  • Senior Living / Retirement
  • Summer Construction
  • Uncategorized
  • Wellness
  • Women In Business
  • Workplace / Legal / Security
  • Year-End Tax Planning

Archives

  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • November 2010
Mannix Marketing Logo
GlensFalls.com logo
  • Home
  • Lodging
  • Restaurants
  • Things To Do
  • Nightlife
  • Events
  • Health & Beauty
  • Real Estate
  • Businesses
  • About
  • Home & Garden
  • Guides
  • Blogs
  • Sweepstakes
  • Advertising
Official Guide to the Greater Glens Falls Region
Full-Service Internet Marketing: Search Engine Optimization, Website Design and Development by Mannix Marketing, Inc.
Mannix Marketing, Inc. is headquartered in Glens Falls, New York
GlensFalls.com All Rights Reserved © 2021
Disclaimer & Privacy Policy / Terms of Use / Copyright Policies

We strive to insure accuracy on GlensFalls.com however accuracy cannot be guaranteed. Information is subject to change.
Please alert us if there is any inaccurate information here.

Having trouble using this site? Accessibility is our goal, please contact or email us with site improvements.