Managing Money

With today’s complex tax rules, taxes in retirement can be a nightmare. Retirement accounts come with many tax traps that even the most careful investors may fail to see. Therefore, it shouldn’t be a shock that some retirees might be paying more taxes…

Women in their 60s are increasingly questioning if it makes sense to continue working. For a variety of reasons, including an increased focus on what’s most important in life, work is sliding down the list of priorities. With the help from stock…

Do you know if your financial power of attorney document is a “springing” or an “immediate” authorization? Do you know what your bank or retirement account custodian would require if your financial power of attorney agent needed to transact…

My friend Tom managed to self-publish his book for free. I, unfortunately, did not. In this article, I’ll reveal how he did it as well as how much I spent to arrive at the same destination – published author…

It is never advisable to use your retirement savings for anything other than its intended purpose, unless you have to. It is never a good idea to risk not being able to take care of yourself in retirement to save your credit score and pay off debts…

What do you do when you inherit a mess? Where do you start? How do you move forward? Part of one woman’s solution, Heather Parker, was to become an estate planning attorney to help others avoid the same mess she experienced in her family…

If you’re feeling pinched these days, you’re not alone. The combination of pandemic, inflation and global events has dealt us all a wallop. And yet there are still bills to be paid, nest eggs to pad or replenish, home improvements to make and adventures…

I’m a member of the club women hate to join — the Widows Club. When my husband died, it felt like a big part of me died, too. I lost the love of my life and the dreams we shared for our future. All gone in an instant and right…

Normally, when you hear or say the phrase “to each his own” you are likely shrugging and recognizing that things can be different for different people. And it’s no big deal. But when it applies to your financial power of attorney document…

The 4% rule is a helpful guideline that retirees can use to determine how much money they should take out of their retirement accounts each year. Adopting the regulation is intended to preserve a consistent income stream while preserving…