Women Facing Financial Challenges for Retirement
The barriers to accumulating wealth for women are daunting. Recommendations from a Senate hearing and a think tank briefing. The financial challenges women face to achieve financial security in retirement can be huge, as a Senate Special Committee on Aging hearing and an Employee Benefit Research Institute (EBRI) briefing last week demonstrated starkly. And with the […]
Cautioning Advice About Starting A Business After 50
There’s something romantic about the term entrepreneurship, especially when you’re considering starting a second act. The chance to be your own boss and spend your time doing work you love may seem enticing. But it can also be reckless. “For those who choose to jump into the game when they’re 50 years old or older […]
Why Young Women Can’t Ignore Saving for Retirement
For Lindsay Corner, 25, saving for retirement has a greater urgency than for many of her peers. “None of my girlfriends talk about it, but I feel fairly confident about managing money and finances,” Ms. Corner said. “I learned about it from my parents and, in college, I studied accounting and finance and took a […]
Facing The Financial Shocks of Widowhood
After reviewing a new survey of widows from Merrill Lynch and Age Wave, I’m worried about the wives of America, or more specifically the wives who, sadly, will likely one day experience the financial shocks of widowhood. Women are more than three times as likely as men to lose their spouse. But very few wives seem prepared […]
How Freelancers Benefit From The New Tax Law
En español | Last year’s major tax overhaul shook things up for freelancers, gig workers and sole proprietors, who now are starting to wonder about how the new law will affect their taxable income for 2018. For the most part, the tax law will help many freelancers — from bloggers to caterers to tutors. While deductions for real estate taxes […]
How to Pay For Your Encore Education
When Colleen O’Bryant pivoted from her job as operations manager at an insurance firm to start her own business as an herbalist, her training came with a steep price tag. Ms. O’Bryant, 40, didn’t make any rash money moves, however. She and her husband budgeted for her education, and she took the necessary coursework over […]
How Freelance Workers Can Manage Their Money Wisely
Fluctuations in pay make it tricky to set aside the correct amount for your yearly tax bills. When I filed my 2017 taxes last month, I was reminded what a scramble that process can be for freelancers like me. It’s not uncommon for self-employed workers to have to write big checks in April to cover […]
The Confident Wallet: Closing In On Retirement
Closing in on retirement 23:25 In this episode of The Confident Wallet™, a personal finance podcast series from The Washington Post BrandStudio and T. Rowe Price, host Lynnette Khalfani-Cox calls on experts to talk about planning for people nearing retirement. Khalfani-Cox, who’s also known as The Money Coach®, is joined by guests Kerry Hannon, AARP’s […]
Here’s How To Protect Your Money If Your Marriage Is in Jeopardy
The author of Money Confidence shares the important steps to protect your finances if your relationship is on the verge of collapse. Women whose partners die may have had little warning or time to prepare to take charge of their financial affairs. But if your marriage is heading for divorce, you can get your act together ahead […]
What Financial Documents You Need to Keep
I know where all my important papers are from paid utility bills to bank and investment account statements to my birth certificate and will. But, to be honest, I’m not sure anyone else does. And when my husband was leaving on a month-long trip to China recently, it struck me that I didn’t know where […]
