Managing Money in Retirement

This is the time of year we focus on those we love. Children share valentines in school, heart-shaped boxes full of candy disappear from the shelves, florists run out of red roses, and jewelry stores appeal to lovers of any age. There is a special focus…

Are you one of 63% of workers who cannot cover a $500 emergency expense? Effective January 1, 2024, help may come from your employer in the form of a PLESA which was created by the SECURE 2.0 Act of 2022. PLESA stands for pension-linked…

Are you sick of it yet… all the tips and tricks for making New Year’s Resolutions? And at the same time, all of the depressing stats on how quickly we fail (by mid-January!) at keeping those resolutions? Don’t get me wrong. I am a huge fan…

Regardless of your income, it can be difficult to build savings. We all know we should be building savings and not just using it for any purpose, but we haven’t really been told how to do that.
Just expecting yourself to automatically build savings is not enough…

Lately I have become acutely sensitive to the amount of time we spend talking about money in our everyday life. “I love your sweater.” “Oh thank you. I got it on sale for $19, can you believe it? It cost $149.00 originally.”

Well, it’s that time of year again! Time to start thinking about holiday shopping. Sure, every year we tell ourselves we’re going to spend less, but we end up spending more, or worse, having no idea how much we spent!

This year, our daughter got us started on writing the answers to some questions about our lives through a program called “Storyworth.” I know there are several versions of this service out there but basically, you get email questions weekly…

Sixteen years ago, my world shattered. That’s when cancer killed my beloved husband. A spouse’s likelihood of passing away is three times higher for women than men. Many women find that widowhood forces them to take on and make critical financial…

What’s the difference between a money market account and a money market fund, you ask. Aren’t they the same? The answer is “no” and, depending on your situation, you may want to use one, the other, or both. Let’s take a deeper look…

Saving for retirement is crucial if you want to be financially secure in your later years. But because of the economy and the fact that more men than women work, many women do not have enough money saved for retirement…