April Monthly Newsletter

HEALTH, WELLNESS AND INDEPENDENCE
Today’s Reflection
"You don't need to worry about progressing slowly. You need to worry about climbing the wrong mountain."- James Clear

Neuroscientists Tips to Stay Sharp
No one wants their memory to slip as they age — and neuroscientist Dr. Richard Restak says it doesn’t have to. He offers these tips to stay sharp:

• Choose novels over nonfiction — because fiction requires a deeper memory of characters and plot events.

• Engage in games like chess and bridge — they boost cognitive function, as do memory games like reciting all the US presidents.

• Multitask less — something that’s become harder in our screen-dominated age.

Nursing Staff Shortages— Possible Solution?
Nearly a quarter million nursing home staff quit between 2020 and 2023. The Nursing Home Workforce Support and Expansion Act would provide workforce grants to states based on their population of seniors and people with disabilities. (More)

Retiree Coverage After 65? Maybe Not.
Retiree health benefits appear to be heading toward extinction for a number of reasons. The rise in health care costs has put pressure on employers to make tradeoffs between providing benefits to active workers versus retirees. (More)

FINANCIAL

What to Know

> Gold, earlier this month hit $2,400, which is a new all-time high price for the precious metal.

> Tax revenues only cover 75% of federal spending. That’s an operating loss equal to a third of income; the feds lose 33 cents on every dollar of revenue. And every year, the loss increases as interest costs increase. Soon, it becomes prohibitively expensive. When that happens, the politicians typically resort to printing more money. (More)

>Domestic Manufacturing is on the rise. While politicians and businesses are pushing for more domestic manufacturing to create millions of new jobs, economists and companies warn that “Made in the USA” will come with a downside — higher labor and input costs, which will trickle down to Americans in the form of higher prices. A new study says the US manufacturing industry could need 3.8M workers by 2033 to accommodate the growth.

>Google Cloud and Nvidia announced a new AI partnership (Investopedia)

>Meta adds multimodal AI to its Ray-Ban smart glasses, allowing users to query AI based on items in the field of vision (More)

SUREFIRE NEWS AND UPDATES
Source for Gold, Silver and Coins
We have partnered with one of the most prestigious firms in the world to bring our clients a trusted source for physical precious metals and numismatic coins. Reach out to learn more.

Investment Advisory Services
Lacey Thompson- Krul can now advise on investment decisions, allocations and portfolio planning. Our unique resource network of professionals allows us to collaborate and bring to the table a wide array of possible solutions and creative strategies within the financial landscape. View the possibilities in front of you along with the respective advantages, pitfalls, tax-implications, and long-term outlooks. Reach out to learn more.

Financial and Healthcare POA Documents— At Our Expense
For current clients and their families, we are footing the expense to take care of important power of attorney documents that give the trusted people of your choice the legal authority to take care of your healthcare and financial decisions. These documents are attorney generated, reviewed and approved.

May 2 is National Life Insurance Day

Observed in honor of the anniversary of the first day that life insurance became available in the US (in the late 1760s). When is the last time you reviewed your policy and beneficiary designations?

FOR FUN
69-Year Old Retiree David Clarkson Beats College Students’ World Record— Most Pubs Visited Within 24 Hours
(Watch)

This week in history

• 1978 – “The Blues Brothers” make their world premiere on Saturday Night Live.

• 1982 – Jane Fonda’s first workout video was released.

• 1986 – The Chernobyl nuclear disaster occurred, resulting in 32 deaths and dozens more suffering radiation burns.

• 1993 – World Wide Web (WWW) launches in the public domain.

• 2004 – The World War II monument opens in Washington, D.C.

What did a candy bar cost?

• 1974 – 15 cents (2.3 oz)

• 2004 – 85 cents (2.3 oz)

• 2024 – $1.79 (1.86 oz)

COMMUNITY EVENTS
A,B,C,Ds of Medicare Workshop
Thursday, May 30th at 5:30pm | Hoke Library, Jensen Beach FL | Sign up/Share

Spring Stuart Stroll
Thursday, May 2nd from 4:30 p.m. - 8:30 p.m. in Downtown Stuart | Tickets

Attention Ladies! This might be one for you. Sip, Sample Light Bites, and Stroll Historic Downtown Stuart to discover the shops and restaurants that make our waterfront town so unique, plus earn the chance to win (1) of (4) $100 shopping sprees! Presented by Stuart Main Street and The Historic Downtown Business Association of Stuart.