Managing Money in Retirement

Are reverse mortgages simply a way for greedy lenders to take the homes of unsuspecting seniors? Or are they a legitimate tool that can help people our age to stay in their homes, while having a better quality of life in retirement? These are the questions that ran through my head as I watched the new American Advisors Group (AAG) commercial, featuring Tom Selleck. Read More

Do you suffer from financial shame?

I ask this question because financial shame is far more common than most of us would like to admit. Everyone talks about how financially successful baby boomers are, but, this is just part of the story. Like every generation, we are struggling after the Great Recession. Read More

Did you know that several Social Security rules are about to change? If not, you’re not alone! There’s a great deal of confusion about who is affected and what will happen.

True, the upcoming deadline affects a small percentage of people. That said, many of us are concerned they we lose benefits if we don’t take action. Let’s clarify the situation. Read More

Shopping is a necessary part of life and, by the time we turn 60, we are pretty good at it. We know what we like, what make us happy and, for the most part, we know where to go to get it! Read More

Even if we care less about “things” after turning 60, we still get the impulse to go shopping occasionally. If this sounds familiar, you’ll love Groupon!

Maybe it’s for a new dress or pair of shoes in preparation for a stylish night out on the town. Or maybe it’s treating friends to a fancy dinner so you can all catch up and swap life stories. Or maybe it’s for a day all to yourself relaxing and getting pampered at a spa.

The problem is that you want to stay frugal, too, since you have bills to pay and necessities to budget for. And it can be hard to find a business that has a deal going on right now, or at least wait until a shop nearby holds a sale. This is where the organizing and searching power of the Internet comes in handy. Read More

People reaching retirement age today are under huge financial pressure. Since, on average, we will live longer than any previous generation, our savings will need to last decades. In addition, many of us find ourselves in the position of looking after our aging parents, while living on a pension. Read More

Many women reaching their 60s today are not prepared financially for retirement. After years of hard work, building our careers and supporting our families, the idea of “retirement” seems a distant dream. Read More

One of the best ways to make your retirement savings last longer is to save money on everyday expenses. But what if you could save even more money… by getting things for free? Whether you’re a hardcore coupon collector, a natural bargain hunter, or just looking to save some extra money, here are a few ideas for things you can get for free: Read More

As many people have found out the hard way, life after retirement is tough. For starters, most of us haven’t saved as much as we once hoped that we would.

In addition, many of us are struggling to find meaning with our family circumstances changing. Fortunately, there are several simple steps that you can take to spend less, while doing more, after retirement. Read More

Women over 60 are often trying to take care of so many people in our lives – we give of ourselves, our time, our talents, and our money. Whether that means buying gifts for grandchildren, supporting a spouse who might have lost a job, or even supporting grown children who have trouble finding a job or affording a house, many women over 60 are generous to the point that we forget to look out for ourselves first. Read More