Both of my kids became engaged to be married within 3 months of each other. My son got married in the forest at a lodge in the Redwoods near Santa Cruz, California. My daughter’s wedding will be in San Jose del Cabo, Mexico at the end of January. They are in their mid-30s and established in their professions, so they paid for their own weddings. That was a big relief … [Read more...]
The Financial Dam Has Broken: Retirees Need to Wake Up
The following is adapted from Fire Your Financial Advisor. Snow White was out for one year. Jack Spartan (Demolition Man) was on ice for close to 40. And Steve Rogers (Captain America) was frozen for almost 70. But Princess Aurora (Sleeping Beauty) wins the snooze button award for being asleep for a full century. My point—other than staying away from poisoned … [Read more...]
What Over 50 Women Want From Financial Advisers
Women aged 50 and over have specific needs when it comes to who manages their finances. But an adviser that a twenty-something would choose may not be ideal for a 50, 60, or 70-year-old woman. In the same way, an adviser for a 60-year-old man may not be appropriate for a woman of the same age. Let’s take a quick look at exactly what women 50+ should be looking for in a … [Read more...]
Do You Worry About Your Retirement Savings When the Market Tumbles?
In just a few months, the coronavirus managed to wreck health and the economy too. The value of your stock market portfolio, 401(k), or IRA might have plummeted because of it. And you had every reason to worry about what happened to your retirement savings when the market went up and down. But, there's no need to panic during emergencies because it may instigate you to make … [Read more...]
5 Ways to Create a Growing Stream of Income During Retirement
Between the years of 1946 and 1964, seventy-six million babies were born in the United States. At this moment, nearly a quarter of the American population is on the verge of retirement—and some have already passed that threshold. Americans are now retiring earlier than any other time in history. Concurrently, they are also living longer than ever before. The confluence of … [Read more...]