Managing Money in Retirement

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…

Struggling to keep up with loan payments? You’re not alone. The average American carries over $6,000 in credit card debt and total consumer debt has reached record highs. Rising costs for housing, healthcare and everyday essentials have pushed millions into financial hardship…

You’ve seen a lot. You’ve made good choices. You’ve learned from the bad ones. So, when it comes to money, it makes sense to want to feel sure about what you’re doing. But what if that feeling of certainty is exactly what’s keeping you stuck? And what if that certainty is preventing…

Сeven provisions in the new OBBBA (One Big Beautiful Bill Act) could significantly increase ACA (Affordable Care Act) health insurance costs for some seniors in 2026. Understanding these seven provisions, and careful financial planning could help you avoid some…

Putting a chunk away for retirement in 2025 – perhaps it was a New Year’s resolution, or, more likely, it’s simply a goal you have every year. In either case, now that we’re more than halfway through 2025, how are you feeling about reaching that goal? Being as it is that life rarely follows…

Seniors can save money with tax provisions in the new “OBBBA” (“One Big Beautiful Bill Act”). The new law took effect on July 4, and it can save money for seniors in 2025 and future years. Here is how thoughtful tax and financial planning can help you keep more of your wealth…