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. And you have every reason to worry about your financial health. But at a time like this, you need to stay calm. Panic may instigate you to make rash decisions, which you would regret later. Here’s what you should do … [Read more...]
Would You Live With Roommates When You’re Over 65?
Who would have imagined I’d be renting a room and sharing a house with roommates at the ripe age of 60 plus? I certainly didn’t. I’ve always visualized myself living in a luxurious home by the beach decorated to fit my unique style. . . whatever that is. But that vision has yet to manifest. Life intervened several times, I made bad decisions, and now here I am – locked in … [Read more...]
How to Make Managing Your Finances Easier After Retirement
The older you get, the tougher it is to manage your finances if you weren't a wizard in planning when you were younger. It’s one of the struggles a lot of people encounter and is an unfortunate part of life. A lot of this means more responsibility, and more work, at a time when there should be less work, and less responsibility. Some Baby Boomers have worked their whole … [Read more...]
How Having the Money Talk Helps Women Become Empowered
This post is Sponsored and all opinions are my own Do you find having the money talk with your family, friends, or colleagues to be complicated or do you endlessly postpone it? As women, our financial health is something we need to meet head-on no matter what our age. Although it’s best to plan for retirement as early in life as possible, women in their 40s and beyond … [Read more...]
5 Tips for Baby Boomers to Improve Financial Literacy
Most Baby Boomers are now at the point that they're headed into their retirement years. If that's you, you may want to work on your financial literacy and investment planning strategy to achieve your desired goals. According to a recent report from FinancialFinesse, Baby Boomers are in the strongest position financially compared to other age groups. Despite this … [Read more...]
