Divorce is an emotional, financial, and draining process. Add to the mix that the tax rules for alimony payments changed after almost eight decades as of January 2019. This rocked the boat for many divorced or divorcing individuals. For those who are dealing with divorce and retirement, it may be helpful to recognize and avoid five financial pitfalls. Some Facts about … [Read more...] about Divorce and Retirement: 5 Financial Pitfalls to Avoid
Guest Appearance on “The Digital Scoop” Podcast
It’s not every day I’m invited to be on a podcast. In fact, it’s a whole new, exciting world. And, what fun it was! I was Angela Pitter’s guest on her new and very cool podcast, The Digital Scoop (search on Facebook for “The Digital Scoop”). Angela and I met several years ago at our local Chamber of Commerce. I took a social media class that she was teaching and was so … [Read more...] about Guest Appearance on “The Digital Scoop” Podcast
Boomer Women and Their Money: A Complicated Past
Here's quite an interesting story that sums up the current state of women and money. It's definitely complicated. Three women who are clearly friends sat behind me on a flight to Tampa recently. I was minding my own business, reading Sarah Smarsh's book, Heartland. It's a book about one woman’s journey to break the cycle of teenage motherhood and poverty here in the land … [Read more...] about Boomer Women and Their Money: A Complicated Past
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, tropical places. Sounds idyllic, doesn't it? And, it was for Leslie … [Read more...] about Early Retirement: Is the 3rd Time Really a Charm?
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. In fact, there are ways to prepare for these … [Read more...] about Boomers and Automation: 10 Financial Tasks to Automate
