Women & Money: 4 Simple Steps to Ditch Those Nagging Bag Lady Fears

Patti Fagan, Award-Winning Financial Coach for Women

The fear of running out of money in retirement is what fifty-seven percent of women say keeps them up at night, according to the Allianz Women, Money and Power Study. Almost half of all the women surveyed say they often fear losing all of their money and becoming homeless. This is NOT financially empowering for […]

What Women Need to Know About Long Term Care

According to Fidelity’s Retiree Health Care Cost Estimate, a 65-year old couple (who retired in 2016) will need an estimated $260,000 to cover health care costs in retirement. This is a six percent increase over the estimate of $245,000 for 2015, and the highest estimate since calculations began in 2002. (Source)   Long Term Care […]

Take care of your loved ones by updating your beneficiary forms

Patti Fagan, Award-Winning Financial Coach

  Updating your beneficiary forms is one of those ‘important but not urgent’ personal finance To Do’s. Which means it can get put off until it’s too late.   The saddest phone call an advisor will ever receive is that a client passed away. This happened to me recently. One of my dear clients, a […]

Women & Money: It’s time to take control

Patti Fagan, Award-Winning Financial Coach

If the thought of investing, planning for retirement and making important financial decisions makes you feel overwhelmed at all, you’re not alone. According to the Allianz Reclaiming the Future Study (2010): 33% of women feel financially unprepared for retirement 38% of women are uncertain that their income will last throughout their lifetime 37% of women […]

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 […]

The $140,000 Latte

How little things add up over time

  David Bach, the author of Smart Women Finish Rich coined the term “Latte Factor” to represent the missed opportunities to build wealth due to habitual unconscious spending on things like unnecessary daily coffee drinks. Have you ever stopped to think about how much money you could contribute to retirement savings each month if you really […]

Baby Boomer Women Wish They Had Saved More Money for Retirement

Women & Money Blog

  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 […]

Wives, You don’t have to be a statistic

Wives, You don’t have be a statistic

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 […]