Managing Money in Retirement

Having a roommate is probably something you haven’t done since your college years. But four decades after hanging up their caps and gowns, many people are considering it again. A 2018 AARP survey found significant interest in homesharing…

Have you talked with your elderly parents about their financial situation yet? They may have initiated a conversation, or you may have, either way it can feel awkward. But it is helpful to ensure our parents’ well-being, safety from scammers…

When it comes to your finances, you’re at a point in life where you may have more money saved than ever before, and your working years are primarily (or entirely) behind you. That can be a big mindset shift. Because of that, you may be considering working…

While planning for retirement, you may be running into the issue of wondering how to afford the retirement lifestyle of your dreams. An asset you may no longer need can provide you additional cash to solve that, your life insurance. Selling your life insurance policy to a licensed provider is known as a Life Settlement.

If you are a grandmother, did your kids ask you how you wanted to be addressed by the grandchildren: grandma, mimi, memaw, etc? Never having thought about that question (since both my grandparents and my husband’s were always…

As people age, happiness is often based on connections with family and friends. Some of us may not have those ready-made ties and perhaps need to look elsewhere to stay active and engaged. Having a job may be the answer. But I often hear seniors say…

When you stop and think about it, choosing to do nothing in advance about something negative that is guaranteed to happen seems illogical, doesn’t it? And yet, human nature is that we avoid thinking about negative things, which is why…

Losing a spouse is one of life’s greatest challenges and an inevitability that many people will face. The ensuing grief from the trauma makes it critically important to have a clear approach towards financial decision making. Losing a spouse poses…

Retirement planning is surprisingly similar to climbing a mountain or going for a hike. On the way up, you primarily focus on reaching the top. But on the way down, safety may become your priority. Missteps become more dangerous as the hours…

Your 60s are a time of tremendous change. You may be preparing for retirement, entering retirement or recently retired. It’s a time where your finances may also be changing; a crossroads of sorts. So, what can you do with your finances…