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economic downturn | Nevada Senior Guide

Arbors Memory Care Community Wins Family Owned Business Award

May 22, 2014 by · Leave a Comment
Filed under: Press-Media Releases 

Stutchman Family Business Recognized with “When The Going Gets Tough” Award

For the past 40 years the Stutchman family has been in the business of senior care, presently owning and operating Arbors Memory Care Community. During their tenure they’ve seen highs and lows in their business, including economic downturns and the death of a husband/father/principal partner.  Through it all though, they’ve not only survived, but they’ve been able to thrive.

The Stutchman family was recently recognized by the Nevada Business Magazine through the publication’s annual Family Owned Business Awards.  They received the award for “When The Going Get’s Tough.”  The winner of this award is defined as “A business that faced adversity and made changes to adapt to what was sure to be a tough time.”

The magazine received several hundred nominations and narrowed those down to three finalists and then one winner in 10 categories for both the South and North part of the state.

Nevada Business Magazine had this to say about the Arbors, “Founded by Connie and Tom Stutchman, Arbors Memory Care Community is in a tough business, assisted living.  Couple that with the recent economic downturn and the Arbors had to adapt to survive.  Run today by the Stutchman’s daughter, Gina and her husband Jason Lewis, the organization has found a way to adapt their business model and provide affordable, yet quality assisted living.”

Some of the ways the Arbors has adapted is to add triple occupancy to their room mix, creating a more affordable option for families who need care for their over one with Alzheimer’s.  They also began to offer fixed-rate, all-inclusive pricing which enabled families to count on a consistent monthly amount for care throughout their family member’s entire stay.  Lastly the Arbors remodel project has just begun as well which will provide an even brighter and more inviting environment for residents and staff.

“We are absolutely thrilled to win this award and to be recognized by the business community for our years of dedication to quality senior care in Northern Nevada.  We look forward to caring for our seniors and providing jobs in the Reno/Sparks community for another 40 years,” says owner Gina Stutchman.

Arbors Memory Care Community is a locally owned and operated residential community providing care for individuals with Alzheimer’s and other forms of dementia.  The Arbors, which is licensed for 72 beds, consistently receives an A grade in state inspections.

For more information, please contact Arbors Memory Care Community at (775) 331-2229 or visit www.arborsmemorycare.com.

Starting a Home Based Business – Senior Citizens Require Supplemental Income by Jed Tooke

September 6, 2013 by · Leave a Comment
Filed under: Articles 

Expert Author Jed Tooke

The need to have extra earnings is felt more when one retires. It is for this reason that many people become interested in the idea of starting a home based business to increase their income. It is seen that generally younger people are preferred for work over older workers because of the mistaken belief that senior citizens will not be able to perform the work effectively.

Because of an economic downturn, many corporations are forcing employees to retire or they are being laid off, even before they attain retirement age. Now, there is an option in the form of a home business venture for these senior citizens.

One of the best choices available for those who have retired is starting a home business on the Internet. This option will provide these senior citizen retirees an opportunity to make much needed extra income.

This article will guide those who are exploring avenues to earn extra money to supplement their pension.

Learn basic computer skills:

One of the most basic requirements to start your home venture is to have a high-tech computer along with dependable Internet connection. After this, you need to train yourself in basic computer skills.

If you are not able to acquire the computer expertise, you need not dampen your spirits because there are plenty of free computer tutorial websites on the Internet. You can receive excellent guidance from any of these sites and train yourself rather well. Let learning be the ongoing process. Ensure that you keep yourself abreast of the latest developments.

There are lots of changes taking place on the Internet and Information Technology. A sound knowledge of operating your computer will be a big advantage when starting a home business.

Accepting the challenge:

You need to ask yourself if you will be able to take care of your business venture efficiently. Do you have it in you to own and operate your enterprise successfully? You should understand that you will be required to put in a lot of hard work. Also, you should have the patience of a saint. The strength of mind, enthusiasm and discipline will be the added advantage.

Perform diligent research on the Internet. You will find that there are lots of network marketing companies. Find yourself one such company with a good track record and you may consider accepting their offer of a home business opportunity.

Benefits galore:

There are several benefits for setting up a home venture. You can claim tax benefits extended by the IRS to entrepreneurs and all legitimate businesses. Similarly, you can claim deductions for making payments for rent or mortgage and utility bills. It is possible to get a healthy reimbursement for buying computers and other equipment for your home office.

One of the best benefits for running a business venture from home is that you are your own boss and decide your own paycheck. Your home venture gives you the opportunity to remain close to your family while you are working from the comfort of your home.

However, it will be in your best interest to check out everything thoroughly about a company before starting a home based business.

Learn the real truth about starting a home based business [http://homebasedbusinessteam.com/03/starting-a-home-based-business-3/] working with a team. Discover how working with a team in building your own business that yields residual income leading to independence and financial freedom.

Article Source: http://EzineArticles.com/?expert=Jed_Tooke

Where to Find Your Retirement-Planning Confidence

November 9, 2012 by · Leave a Comment
Filed under: Articles 

Where to Find Your Retirement-Planning Confidence

(Family Features) With the leisure and reward of retirement a few short years away, the majority of baby boomers – born between 1945 and 1966 – are confident they have adequately planned and saved for their golden years. This is according to new research from investing services company Scottrade, Inc., which also found that 56 percent of baby boomers expect to fully retire between the ages of 55 and 74.

DIY Retirement Planning
Overall, 72 percent of Americans report a strong level of confidence in their ability to plan their own retirement. That confidence comes from two actions: discussing retirement plans and savings strategies with others, and monitoring the news. Thirty-nine percent also said their self-assurance came from the fact that they preserved most of their retirement savings through the economic downturn.

“More online and in-person investment education opportunities are available to Americans than ever before,” said Kim Wells, Scottrade’s executive director of product development and chief marketing officer. “The availability of easy-to-use online trading and investing tools is empowering investors to build their portfolios and take charge of their financial futures themselves.”

Retirement Fund Trends
Scottrade’s research found that more than half of Americans, at 55 percent, are actively planning their retirement without the help of an advisor. This do-it-yourself action plan seems to be working. The majority of Americans did not see the value of their retirement accounts decline last year, and 73 percent reported the value of their retirement accounts either increased or stayed the same.

For Americans who saw a decline in their account value, 67 percent expect to recover those losses within 10 years. In response, a growing number of Americans are looking to save more in order to rebuild their retirement accounts, and 35 percent of Americans plan to save up to 10 percent more.

Staying on Track
For those who are uncertain whether they’re contributing enough to their retirement fund, online calculators make it easy to determine how much should be contributed annually, based on age, income and retirement plan. Check out the retirement calculator in Scottrade’s online Knowledge Center at www.scottrade.com, to help determine how much to save for retirement.

Learn more about self-directed investing at www.scottrade.com, and find more information on the Scottrade 2012 American Retirement Study at http://about.scottrade.com/.

Photo courtesy of Getty Images

  • Senior Industry Network Group Events

    Monthly SING Meetings are held the first Thursday of every month at our NEW location below:

    Desert Canyon - HealthSouth
    9175 W. Oquendo Rd.
    Las Vegas, NV 89148

    S.I.N.G. Agenda:
    - Coffee and bagels will be served
    - A time to show gratitude by thanking those who have sent you referrals
    - Announcements around the room
    - One minute commercials
    - Open Discussion on topics of Self Empowerment

    * When? The 1st Thursday of every month. Networking starts at: 8:00am | Meeting starts at: 8:30am

    * How Much? It’s free!