When to hire a financial planner? According to the Employee Benefits Research Institute’s 2022 retirement poll, one in every three working persons and retirees now works with a professional financial planner. Almost half of those without a planner intends to hire one in the future. A life event, such as marriage or divorce, is frequentlyContinue reading “When to Hire a Financial Planner”
Category Archives: Financial Literacy
Back to School Budgeting Guide
It’s Back-to-school season! The shopping season is in full swing from early July through late September. Back-to-school shopping can be hard on a budget. Use this back-to-school budgeting guide to plan out your spending. School Supplies Before you go out and buy school supplies, take stock of what you already have in drawers or onContinue reading “Back to School Budgeting Guide”
Teachable Moment: Back to School Budgeting
It’s the back-to-school season which means back-to-school budgeting! The shopping season is in full swing from early July through late September. This season can be a teachable moment for back-to-school budgeting. Back-to-school shopping can be hard on a budget. Especially with 54 million returning children, most families intend to complete their shopping in oneContinue reading “Teachable Moment: Back to School Budgeting”
Gray Divorce: 10 Mistakes to Avoid
Ten Common Divorce Mistakes to Avoid The financial fall-out of divorcing after 50 can pull the plug on your retirement dreams: legal fees, therapist bills and single-handedly shouldering bills you once shared can drain your savings. With a gray divorce, avoid these 10 mistakes and protect your financial future: Failing to create an inventory ofContinue reading “Gray Divorce: 10 Mistakes to Avoid”
Gray Divorce: Double-Standards
Growing old isn’t easy, and here’s more proof. Except for people over 50, divorce rates in the United States are declining. Twenty years ago, only one out of every ten divorced spouses was 50 or older; today, one out of every four is. According to Jay Lebow, a Northwestern University’s Family Institute psychologist, “If late-lifeContinue reading “Gray Divorce: Double-Standards”
Financial Literacy: Empowering Your Clients
Financial education and money management go hand in hand. Protect yourself and your clients by empowering them with financial literacy. April is Financial Literacy Month, and in recognition, the National Council on Aging published an article that highlights eight tips for older adults to protect themselves from money scams. Millions of older adults fall preyContinue reading “Financial Literacy: Empowering Your Clients”
Talking About Aging with Loved Ones
As the COVID-19 pandemic continues, keeping our most vulnerable older population safe is still a priority. However, according to the SCAN Foundation, we have a long road to prepare for the potential obstacles and particular circumstances that older loved ones and most of us will encounter as we age. So when is a good timeContinue reading “Talking About Aging with Loved Ones”
OK Boomers
Ok, Boomers, we need to talk. The majority of advertising and news coverage are increasingly ignoring the Baby Boomers. It is easy to find news about the Millennials-but it seems Baby Boomers are not nearly as fashionable to talk about—except for ridicule by Gen X’ers. Born between 1946 and 1964, boomers have dominated every economicContinue reading “OK Boomers”
LGBTQ Community: Know Your Rights
Fifty-one years after enacting the Fair Housing Act in the United States, the lesbian, gay, bisexual, transgender, and questioning (LGBTQ) community is making some strides in homeownership. In the LGBTQ community, it is important to know your rights as a borrowerPart of the reason for the gradual uptick in LGBTQ homebuyers can be traced toContinue reading “LGBTQ Community: Know Your Rights”
Enough is Enough!
Enough is Enough! Tuesday, August 20, 2019, was a huge day in the Business Section of the Los Angeles Times. No, the United Nations did not declare world peace nor a new universal declaration of human rights. However, it was still monumental.David Lazarus wrote that day about the broken premise of the “trickle-down theory,” whichContinue reading “Enough is Enough!”