Managing Money

Managing your money in retirement is just as important as making it. Money gives us the ability to live a good life and maintain a healthy lifestyle. Let's explore the world of encore careers, jobs for seniors and small business success.

7 days ago

11 Most Asked Questions I Get About Taxes in Retirement as a Financial Planner

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…

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1 week ago

Do You Really Need $1 Million to Retire? Maybe Not!

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…

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1 week ago

Misunderstandings About the Financial Power of Attorney Document

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…

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2 weeks ago

9 Practical Tips on How to Self-Publish a Book for Free

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…

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2 weeks ago

4 Better Alternatives to Using Your Retirement Savings to Pay Off Debt

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…

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3 weeks ago

The Terror of Inheriting a Mess: Part 1

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…

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3 weeks ago

Need Extra Income? Here Are 5 Ways to Get It Out of Your Home

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…

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3 weeks ago

5 Big Money Mistakes that Widows Make and How to Avoid Them!

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…

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1 month ago

“To Each His Own”: A Frustrating Requirement You Need to Understand

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…

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1 month ago

How Does the 4% Rule Work in Retirement?

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…

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