I am the first to admit that I made huge mistakes in the 70 years I’ve been on this planet. Most of them were financial. We all make bad choices and must live with them. I learned how to live with less and it’s been freeing. Watch my video describing my big mistakes and how I overcame them. My backstory I was a theater nut in high school and college and dreamed of … [Read more...]
What Women Over 50 Need to Know About Estate Planning
Turning fifty is a milestone event, especially for women the world over. It’s often a transition point when nests empty, careers change, and priorities shift. It inspires a decade of renewal, a desire to reflect on your life and consider the road ahead. It is the golden moment for estate planning. Although planning for the end of life appears to be morbid, estate planning … [Read more...]
Why 30-Something Weddings Can be a Boon to Their Older Parents
Both of my kids became engaged to be married within 3 months of each other. My son got married in the forest at a lodge in the Redwoods near Santa Cruz, California. My daughter’s wedding will be in San Jose del Cabo, Mexico at the end of January. They are in their mid-30s and established in their professions, so they paid for their own weddings. That was a big relief … [Read more...]
The Financial Dam Has Broken: Retirees Need to Wake Up
The following is adapted from Fire Your Financial Advisor. Snow White was out for one year. Jack Spartan (Demolition Man) was on ice for close to 40. And Steve Rogers (Captain America) was frozen for almost 70. But Princess Aurora (Sleeping Beauty) wins the snooze button award for being asleep for a full century. My point—other than staying away from poisoned … [Read more...]
What Over 50 Women Want From Financial Advisers
Women aged 50 and over have specific needs when it comes to who manages their finances. But an adviser that a twenty-something would choose may not be ideal for a 50, 60, or 70-year-old woman. In the same way, an adviser for a 60-year-old man may not be appropriate for a woman of the same age. Let’s take a quick look at exactly what women 50+ should be looking for in a … [Read more...]