Boomer Women and Their Money: A Complicated Past

Three women friends sat behind me on a flight to Tampa recently. I was minding my own business, reading Heartland, a book about one woman’s journey to break the cycle of teenage motherhood and poverty here in the land of plenty. Then, I heard the word “retirement” from the row behind me. My ears perked […] more



Early Retirement: Is the 3rd Time Really a Charm?

Ah, retirement. That blissful time of life you work so hard to get to. If you’re really lucky, you’ll be rewarded with an early retirement. At age 53. And, meet the man of your dreams, get married, buy a sailboat, and spend a year living at sea, sailing around the Bahamas and Florida and wonderful, […] more

Boomers and Automation: 10 Financial Tasks to Automate

Did you know that once you pay off your mortgage, you’re responsible for making those pesky property tax payments on your own?  And, once your paycheck stops, the IRS will want you to make estimated tax payments.  They have “quirky quarters” and missing even one of the deadlines spells interest and penalties for you. Keeping […] more

Family Finance Fun—and Annual Tea Party

When our older daughter went off to college, it was a shock to the household. We didn’t think things would be so different because our younger daughter was still home. Just as we were getting used to the “new normal”, the older graduated from college and the younger was a senior in high school with […] more

Boomer Small Business Owners: Is Being Your Own Boss in Your Retirement Dreams?

  There is an unending amount of conflicting data about the age at which we Boomers will retire. One statistic reports, “40% of Americans plan to retire before 60”.  Another states that “the average age to retire is 62 in the US.” Yet another says, “Only 22% plan to retire after 65.” Whether you decide […] more

Social Security COLA for 2019: Sort of Like a Soft Drink

Folks who already claim Social Security retirement benefits heard they would get more in their checks starting in January, 2019. Good news indeed! In fact, the Social Security COLA—cost of living adjustment—was quite large: 2.8%. That is the highest increase since 2011. But in real dollars that will be available for retirees to spend, well, […] more

Social Security Solvency: It Better Be Here to Stay

You may recall last month’s blog post, Social Security Solvency: It’s Here to Stay.  In that post, I shared where you can get the numbers to see how the program is working and what the projections are for its longevity.  This month, I wanted more analysis of Social Security solvency in a way to bring […] more

Social Security Solvency: It’s Here to Stay

There are some 45,000,000 retirees collecting Social Security retirement benefits today.  More than half of these folks decided to claim their benefit before their Full Retirement Age or FRA.  In fact, 52% of men and nearly 59% of women pushed the “grab-and-go” button well before the age that is considered officially “retired” by the Social […] more

Early Retirement Offer:  10 Tasks to Tackle Before Saying “Yes”

If you receive an early retirement offer from your employer next week, are you prepared to make such a big financial and personal decision?  Getting such an offer may be a good thing…or a whopping insult.  The reality is that many employers are using early retirement offers as a way to ease us older folks […] more

Retirement and Estate Planning Talks With Dad: Best Father’s Day Gift Ever

Bob Bumstead

By Guest Contributor: Susan Bumstead Chanley, Principal of Crystal Communications Group, a marketing communications consultancy. June has always been a special month for my family.  It’s the month of my parents’ birthdays (they are deceased now) and, of course, Father’s Day. While I’m not known as the family baker, each year I made my dad red […] more

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