5 Investing Resources for Women

Patti Fagan, Award-Winning Financial Coach

Women’s Equality Day was August 26th, but many women are stilled being paid less than men. This is one reason why I believe women need to create financial wellness by making their money work hard for them. A great article was published on Bankrate.com: 5 Investing Resources for Women (read it here) that I think […]

We need to fix the money thing!

April is National Financial Literacy Month

April is National Financial Literacy Month

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 […]

Women & Retirement: How to guarantee financial peace of mind

Women & Retirement: How to guarantee financial peace of mind

Things do not get better by leaving your finances alone. In fact, my experience is that the longer you ignore your financial circumstances, the worse things gets. I’ve personally experienced the stress of financial struggle. I’ve also observed it in people I’ve worked with. There’s absolutely nothing more grueling than dealing with financial hardship. On the flip side, […]

New 2018 Contribution Limits for 401K and 403b Plans

FYI, the contribution limits on 401K, 403b and some 457 plans have increased for 2018 to $18,500 (up from $18,000 for 2017). If you’re over 50, you qualify for the Catch-up provision, so you get to contribute an additional $6,000 (for both 2017 & 2018). For my school teacher clients who have a 403b account […]

Here’s why I care about Financial Wellness for Women

Happy National Financial Wellness Month!

Patti Fagan, Award-Winning Financial Coach

  Even though women are well educated and have successful careers, studies show they lack confidence in financial and retirement planning. Add to that the fact that, for women, money is emotional. We don’t see it as just a transaction as men do. Which has a tendency to make us feel incompetent when talking about […]

What Thought Leaders are Saying about Retirement Reality for Women

Patti Fagan, Award-Winning Financial & Life Coach

  Studies show that women who work with a financial professional to create a plan for their financial security are better prepared for retirement. Studies also indicate that while women have a desire to increase their knowledge of finances and retirement planning, they don’t take action. I believe one reason is because the financial services […]

Baby Boomer Women Wish They Saved More Money

Here’s one way you can start saving like crazy

Baby Boomer Women Wish They Had Saved More Money for Retirement

If you’re a baby boomer woman and you feel like you’re behind in your retirement savings, you are not alone. According to The Allianz Women, Money and Power Study (2007), 62% of women wish they had done more to prepare for their retirement. More than half (55%) wish they had saved more money and had […]

When it comes to retirement planning women shouldn’t wait

Patti Fagan Award-Winning Financial & Life Coach for Women

Baby Boomer women have a message about retirement planning that younger women should pay attention to. According to a recent study: 53% of baby boomer women are concerned about outliving their sources of retirement income, and 28% of baby boomer women don’t think they can afford to retire. (The Allianz Reclaiming the Future Study, 2010) […]