Managing Money in Retirement

In our current, complex financial landscape, different kinds of financial professionals are needed. Do you need a financial advisor? Do you need a financial coach? Or… both??? Financial advisors educate their clients on different financial products and services…

Are you worried that you may need to work far into the future, or change your lifestyle dramatically in retirement, or both? How do your retirement savings compare to others’? For many people, an employer sponsored 401(k) retirement savings plan houses their…

Writing to money can help us positively build a relationship with our money. It helps us to be honest with ourselves about money. It helps us to really see the big picture of our frustrations and feelings about money. Every day, we bottle up our feelings about money…

Although the best way to know if you’re suffering under a spending or shopping addiction is to seek out the support of a qualified therapist, we can use six questions to get a broad understanding of how spending may be impacting your life…

Role reversal, whether it is as a parent/child or even a grandparent/grandchild, never quite feels right. Becoming the “let me help you” person in the relationship is not how it likely went for most of your life. But with aging, that sometimes changes or needs to change…

I am a “mature” woman. Although I am retired, I do not think of myself as old. I exercise several days each week in a well-equipped gym – an hour on the stationary bike at high resistance and 10-15 minutes of rowing strokes. I also walk 4-5 miles at least two…

Have you ever felt guilty or frustrated with your lack of comfort with money? Or wish you felt more knowledgeable or confident when making financial decisions? Or wondered why your money personality is so different than that of your siblings, even though…

With today’s complex tax rules, taxes in retirement can be a nightmare. Retirement accounts come with many tax traps that even the most careful investors may fail to see. Therefore, it shouldn’t be a shock that some retirees might be paying more taxes…

One of my biggest lessons learned in the work world, when I first started working in finance, was that just because you did everything right, the next person or department responsible for finishing the task may not be as diligent. I remember saying out loud…

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…