Beep pushes ‘5@55’ campaign at Senior Day
Borough President Eric Adams hosted close to 400 senior citizens from across the borough on Wednesday, August 26 for his second annual Senior Day, celebrated this year at Kingsborough Community College under the theme “Seniors at Sea.”
In conjunction with the event, the Beep announced his push for all of New York City’s major pension systems to advance their members’ retirement security by supporting the “5@55” campaign – an effort on which he has partnered with a nationwide committee of elder law attorneys in hopes of educating people on five essential legal documents they need by the age of 55: a will, living will, power of attorney, healthcare proxy, and digital diary.
“Planning is paramount to enjoying one’s golden years,” said Adams at the event. “As I approach my 55th birthday, I recognize the value of having essential legal documents in order to make potentially critical choices down the road in a timely and thoughtful manner.”
“Nearly one half of all Americans fail to protect themselves, their families or their money from a whole set of legal and financial dangers that can begin in the retirement years,” said Judith D. Grimaldi, Esq. “The ‘5@55’ campaign, with its five basic legal documents, aims to avoid these potential pitfalls and gives the retiree a critical road map to follow for the later years.”
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