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continuing care community

Client Profiles: Thinking About A Continuing Care Community?

Last week, I visited one of our clients at her apartment in a continuing care community. She recently celebrated her 90th birthday and has been living independently in her own apartment for six years. But when we met last week, she told me she had made the decision to to give up some of her independence and move into the facilities’ assisted living […]

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single parent family

Growing Numbers Of Singles At Risk In Retirement

The facts are in.  Single people are more at risk financially than couples unless they make an extra effort to prepare on their own for retirement. The traditional two-parent household is in decline Here’s the backdrop.  American demographics are changing.  Single people, and single parent households, make up an increasing percentage of American households. One […]

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public school teacher

Are Government Workers Being “Fleeced” by 457 and 403(b) Plans?

Are state and local government workers, as well as public school and university employees, being fleeced by the insurance companies who have a lock on offering them retirement plans? That’s the charge in the recent article by Edward Siedle in Forbes, as he exposes the “massive looting of government and educational workers that’s been going on for decades.” Those are fighting words, indeed. But […]

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mom&daughter financial literacy

Quote Of The Week: Financial Literacy Begins At Home

“Like most of life’s important lessons, financial literacy begins at home.” Frederick P. Gabriel Jr., editor of InvestmentNews, September 9, 2012,  Help your clients’ kids avoid maxing out In a recent article, Gabriel explains how he learned some financial lessons the hard way: “I will be the first to admit that I knew nothing about handling […]

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mother and adult daughter

Parents – At 34, Your Daughters Are Already Behind!

Parents, you undoubtedly want the best for your children. But did you know that by age 34, your daughter may already be losing the race for financial security, so far behind she may never catch up? The sobering reality By age 34, young women are already behind, having accumulated retirement savings worth only 64% of that accumulated by young men. How […]

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Quote of the Week: Money #1 Source of Marriage Conflict

Looking back, divorced people identified arguments over money as the #1 “point of conflict” in their marriages, according to Dr. Terri Orbuch, a research professor at University of Michigan, who has been researching couples’ behavior for over twenty-five years. “49% of divorced people from her study said they fought so much over money with their spouse—whether it […]

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mom at home

Majority of Women Say They Are Now “Primary Breadwinner”

A majority of women now classify themselves as the primary breadwinner in the household, according to a new Prudential study. 53% of the women surveyed said they were the primary breadwinners in the household, either because they were single, or they earned more than their spouse. About one-third of women surveyed said they became the higher earner […]

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spa party 2

Warning: Are Spa Parties Dangerous to Your Daughter’s Financial Health?

Are spa parties sabotaging your daughter’s chance of becoming the next Bill Gates or Mark Zuckerberg? If you have young daughters, or spend time with your nieces, grand-daughters, or other young girls, we recommend you read a thought-provoking article penned last week by Chelsea Emery at Reuters. In her article  Spa parties and money-smart daughters, Emery argues […]

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divorce after 50

Quote of the Week: Divorce Rates Surging for Age 50+ Adults

“While the overall divorce rate in the United States has decreased since 1990, it has doubled for those over age 50. Reasons vary: Longer lives mean more years with an incompatible spouse; no kids to use as a reason to stay together; less stigma about splitting; more women working, some outearning their spouses; and a […]

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Women & Philanthropy: Changing the Face of Giving

Focus on Women & Philanthropy I had the pleasure of attending the 4th annual “Women & Philanthropy” forum in Washington D.C. earlier this month.  Sponsored by George Washington University, the conference brought together a distinguished panel of women philanthropists, including keynote speaker Nancy Brinker, founder of Susan G. Komen for the Cure. The purpose of the meeting was to discuss the […]

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