In a recent survey, two hundred and forty-six women, age seventy and younger, who became widowed within the past five years were interviewed. These women owned assets of $50,000 to $1 million. This survey was completed for the Women’s Institute for a Secure Retirement (WISER) and funded by the American Council of Life Insurers. Among […]
This week on the blog, in honor of Teacher Appreciation Day, I’m sharing some of my favorite teacher quotes. My work in the financial services industry became immensely meaningful in 2008, when I first started doing retirement planning for school teachers. I had the honor of facilitating Lunch ‘n Learn workshops for educators at […]
I can’t help it, but I cringe when I hear a woman say that she doesn’t handle the money in her household because her husband “takes care of all that stuff.” I even had one woman say to me, “Money just isn’t my thing, Patti.” I get it. There was a time when […]
Thirty-three percent of Americans have nothing saved for retirement. Fifty-six have saved less than $10,000 for retirement. In 2003, the United States Senate declared April Financial Literacy Month. That’s because there’s a huge need for people to get wise about finances. They need to learn effective strategies to prepare for retirement. Financial literacy starts with […]
Ladies, Here’s an eye-opening article that talks about a major financial crisis we face as women. According to studies, we have a greater chance than men of living in poverty due to financial challenges that impact retirement savings. The article does a nice job of listing the key factors involved. Such as the longevity issue: […]
April is National Financial Literacy Month. What’s your plan for a safe and secure retirement? This Forbes article speaks to the need for hard-working Americans to make financial literacy a priority. It cites a gobankingrate.com survery, which states: 50% of Americans have less than $1000 in savings What are these people supposed to do […]
As someone who is passionate about educating women about finances in retirement, I spend a lot of time reading articles online. This one, entitled Healthcare for Women: A Great Challenge in Retirement is a good one because it spells out the actual financial challenges women face in retirement, regarding healthcare costs. According to retirement experts, […]
Finding yourself suddenly single due to divorce can totally rock your world. And, not in a good way. Not only are you dealing with all the emotional baggage that comes with divorce but you are now responsible for your own financial future. I know how scary it is because I’ve been there myself. As […]
Today is International Women’s Day, a global day celebrating the social, economic, cultural and political achievements of women. History of International Women’s Day The first National Women’s Day was observed in 1909 across the United States. The first Women’s Day around the globe was observed in 1910. (Source) : http://www.internationalwomensday.com/About) Since my passion is writing […]
I find it intriguing when I’m sitting in a room of heart-based entrepreneurs and the topic turns to what the bible says about making money. Unfortunately a lot of people (Christians included) believe the myth that it is not God’s will to make a lot of money. But what I want you to consider […]