Managing Money in Retirement

No matter how much you have saved, managing money in retirement is critically important. Let's talk about how to make your Social Security and pension money last longer.

5 days ago

Don’t Panic If You Read the Financial News

How our world can change overnight! Unless you have been backpacking in the wilderness, on a retreat, or have given up social media, tv, cable, radio, and newspapers, you must have heard or read about the disasters that struck the financial industry last week…

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1 week ago

What Does It Take to Enjoy Cheap Luxuries?

Years ago, I coined the term ‘cheap luxury’ in my household, but I think it is a good time to spread it around. See if you think it has meaning for you. The term first arose, if I am not mistaken, over a jar of mustard. We were in a supermarket…

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2 weeks ago

What Is the State of Your Positive Intelligence?

You have likely heard of IQ (Intelligence Quotient, a test measuring intelligence relative to others) or EQ (Emotional Quotient, a measurement of the ability to identify and manage your emotions and the emotions of others). But have you heard of PQ?

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3 weeks ago

How Much to Save for Medical Expenses in Retirement?

How much you will need for health costs in retirement will depend on when and where you retire, your health, how you will pay for the costs, and how long you live. According to a study by Fidelity, a typical retired couple aged 65 in 2022 will need…

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2 months ago

It Happens to All of Us, But Most of Us Don’t Plan for It

What are the odds of getting hit by a bus? 1 in 495,000. Not happening to me, right? But what are the odds that you’re going to die someday? Exactly. I always say this topic is about WHEN not IF something happens and you are no longer…

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2 months ago

60 and Beyond: How to Avoid Common Money Mistakes

As we age, our financial priorities and needs change. Once you reach the age of 60, it’s crucial to take a step back and evaluate your current financial situation to ensure that you’re on track for a comfortable retirement…

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2 months ago

Required Minimum Distributions (RMDs) Have Changed

Just before the end of 2022, the SECURE 2.0 Act of 2022 was signed into law as part of the Consolidated Appropriations Act of 2023. One of the changes included in the Act delays the age for required minimum distributions from IRAs…

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3 months ago

What Is Your Life “Litmus Test”? Ask Yourself These 3 Questions

Chemistry class is where I first heard the term “litmus test” used where it is literally a test (usually a paper strip) that determines if a solution is acidic. In politics, a litmus test is a question asked of candidates to determine if their nomination proceeded…

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3 months ago

How Can Boomer Women Budget Well to Beat the Recession?

A recession is a big drop in economic activity that happens all over the economy and lasts more than a few months. In real life, a recession is when unemployment increases, more businesses fail, and the economy is generally in bad shape…

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3 months ago

How Do You Feel About Money?

Don’t think about it, just give me your first reaction when you read, “How do you feel about money?” Feel is the important word! Do you feel scared, remorseful, angry, sad, or hurt? Or perhaps you feel elated, joyful, proud, appreciative, or giving?

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