Happiness is….
Most retirees say that all four pillars—health, family, purpose, and finances—are crucial to optimal well-being in retirement, which makes sense to me. And retirees, when compared with younger Americans, are far more likely to say that “having a sense of purpose” in life is essential to achieve peak well-being (69% vs. 55%).
Financial Guidance for Widows In Retirement
“My husband and I had decided life was too short,” recalled Ginny McKinney, “so we went shopping to buy a travel trailer to take us into an early retirement.” That was three years ago. “While standing in the fourth trailer that we were considering, he had a heart attack and died,” she said. Dan McKinney […]
3 Top Tips for Your Finances
If you’re not paying attention to your finances because you find it boring or you use the excuse “I’m not good with numbers,” I have two words for you: Oh, please. You are ultimately responsible for your financial life and financial security. You can’t rely on a spouse and certainly not on your financial […]
Keeping Savers From Cashing Out of 401(k)s
I did it. Maybe you did, too. I was 29, leaving my employer for a new one, and cashed out my 401(k) plan’s balance, roughly $5,000, to pay off some credit card bills. Foolish me. If I hadn’t touched the money, that tiny mound might have pumped up to $50,000 by the time I retire. […]
Suddenly Single Advice for Widows
It was headline news around the globe in May when Dave Goldberg, 47, Survey Monkey’s Chief Executive Officer and the husband of Facebook Chief Operating Officer and Lean In author Sheryl Sandberg, 45, died suddenly of heart-related causes while the couple was vacationing in Mexico. One thing that caught my attention was the financial shock this kind […]
Small Attitude Adjustments, Big Money Impact
A fact of life they didn’t tell you middle school: You’ll likely be flying solo at some point during your retirement, if not at the start. “From the age of 65 to the end of life, most American women are single, and if they lost a partner, their standard of living drops,” says Kerry Hannon, […]
Great Ways to Save
AARP Bulletin recently published 99 Tips from 20 experts, and readers like you, to help save you thousands of dollars. Below are some of my work savings tips for you to consider. Work by Kerry Hannon, AARP Jobs Expert Let your job send you to school. Around half of employers offer college education assistance, and […]
Get Better at Investing and Managing Your Finances for Intermediates
Take a read of my Money Beginner’s Checklist for Women 50+ that I compiled for PBS Next Avenue. Editor’s note: This article is part of a Next Avenue special section about women age 50+ managing their money. If you’ve invested in your 401(k) and know a little about taxes and debt, but would like to know more about […]
How to Get Started investing and Managing Your Finances for Beginners
Take a read of my Money Beginner’s Checklist for Women 50+ that I compiled for PBS Next Avenue. Editor’s note: This article is part of a Next Avenue special section about women age 50+ managing their money. If you’re a 50+ woman who hasn’t managed money before, here’s a checklist to help you get started. ☐ Bone […]
8 Ways to Save for College and Retirement
What’s the best way to save for your child’s college education and your retirement at the same time — and is it even possible? The conundrum came to my attention recently during a PBS NewsHour Twitter chat on women over 50 and money that I participated in, along with Next Avenue Assistant Managing Editor Richard Eisenberg […]
