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
boomer retirement
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
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?
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 to—or get to—retire at 55 or 65 or 75, becomes an important turning … [Read more...] about Boomer Small Business Owners: Is Being Your Own Boss in Your Retirement Dreams?
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 out of higher paying jobs. However, many Baby Boomers and … [Read more...] about Early Retirement Offer: 10 Tasks to Tackle Before Saying “Yes”
