Managing Money in Retirement

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…

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…

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?

For many women, the years after 60 are dominated by the transition into retirement. Finally, all the savings and investing you’ve been doing for decades feel real. Your last day at the office isn’t out of reach; you can start pulling money…

In the case of a divorce, it may seem obvious why you don’t want the same financial advisor as your husband, but things get murkier when you’re talking about the assets you and your husband own together as you both age. Here are some reasons…

As you prepare to celebrate Thanksgiving, what is on your “Things for which to be Thankful” list? Maybe it is food on the table, a roof over your head, or family and friends who love and support you. Maybe it is the ability to shop in stores…

According to a recent GOBankingRates survey, 22% of respondents don’t think they’ll ever be able to retire, and 23% of Americans have nothing saved for their golden years. Do you belong to this 23% category? If so, then ask yourself another question…

After the passing of a loved one, you may discover that you’re receiving an inheritance. While you might be grateful for an influx of wealth, you may be anxious about how to utilize your inheritance properly. That’s why it is crucial to act slowly…

We are all worrying about prices and the cost of energy, aren’t we? We wonder how we will cope in the coming winter. But over the years I have found there are some simple ways to save money…

Inflation is a significant concern for retirees worried about the rising costs of necessities. According to a recent Global Atlantic Financial Group survey, 61% of retirees who invest assume that with low-interest rates and rising inflation…