Managing Money in Retirement

When women tell me they’re “not good with money,” they don’t say it lightly. They say it with the weight of decades behind it, stories of financial ups and downs, cultural messages about what women “should” be like, and shame that has quietly taken root over time….

Seniors planning to use ACA (Affordable Care Act) marketplace health insurance in 2026 need to prepare for likely large increases in costs. Of course, nothing is set in stone just yet, but it’s wise to have a few things in mind. In a previous article we explained how seven provisions…

What thought immediately comes to your mind when you read this question? Maybe it’s – “Are you kidding, I don’t have a clue!” Maybe it’s – “My plan may need some tweaks, but I am confident I’ll be fine.” Perhaps you are one of those people who believe in living day to day…

Women in their 60s are increasingly questioning if it makes sense to continue working. For a variety of reasons, including an increased focus on what’s most important in life, work is sliding down the list of priorities. With the help from stock…

Most of us know what it feels like to regret a purchase. Maybe you’ve bought something you didn’t need, given too much to a loved one, or carried debt longer than you expected. But there’s a heavier burden that lingers long after the money is gone: money shame…

I just read two interesting articles about spending habits. One focused on boomers and the other discussed the differences in spending habits of boomers, Gen X, Millennials, and Gen Z. The latter article was based on data from Bank of America…

“Find someone to travel through life with after I’m gone.” That was my husband’s advice before he died 17 years ago. “You have so much love to give. Don’t stay alone forever.” Then he added a most important recommendation…

Most women over 60 I talk to love their children deeply and want the best for them. That often means offering help, sometimes financial help, when they’re struggling. After all, what mother doesn’t want her child to feel secure? But what happens when the giving…

Normally, when you hear or say the phrase “to each his own” you are likely shrugging and recognizing that things can be different for different people. And it’s no big deal. But when it applies to your financial power of attorney document…

If you’re living in the United States and are looking forward to retirement, you may want to be aware of important changes in the rules and regulations for retirement accounts that recently came into effect. On Dec. 29, 2022, the SECURE 2.0 act was enacted and designed to encourage…