How to Overcome Your Financial Fears

Plus 5 curated women & retirement articles to increase your financial literacy

Last week, I was talking with a friend and we got to talking about women, money, and retirement. She told me how her fifty-five-year-old cousin is worried about her husband leaving her, which would put her in a vulnerable financial position. She’s thinking about retiring in the next five years but is afraid to because […]

Are you assuming the worst about your future?

  Making assumptions can cause a tremendous amount of unnecessary stress and anxiety when it comes to our finances. Assuming the worst can lead us to make bad financial decisions. Or worse, it can cause us to avoid making decisions at all.   The biggest thing that holds women back in their finances is not […]

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 […]

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 […]

We need to fix the money thing!

April is National Financial Literacy Month

April is National Financial Literacy Month

Thirty-three percent of Americans have nothing saved for retirement. Fifty-six have saved less than $10,000 for retirement. In 2003, the United States Senate declared April Financial Literacy Month. That’s because there’s a huge need for people to get wise about finances. They need to learn effective strategies to prepare for retirement. Financial literacy starts with […]

Women & Retirement: How to guarantee financial peace of mind

Women & Retirement: How to guarantee financial peace of mind

Things do not get better by leaving your finances alone. In fact, my experience is that the longer you ignore your financial circumstances, the worse things gets. I’ve personally experienced the stress of financial struggle. I’ve also observed it in people I’ve worked with. There’s absolutely nothing more grueling than dealing with financial hardship. On the flip side, […]

New 2018 Contribution Limits for 401K and 403b Plans

FYI, the contribution limits on 401K, 403b and some 457 plans have increased for 2018 to $18,500 (up from $18,000 for 2017). If you’re over 50, you qualify for the Catch-up provision, so you get to contribute an additional $6,000 (for both 2017 & 2018). For my school teacher clients who have a 403b account […]

Here’s why I care about Financial Wellness for Women

Happy National Financial Wellness Month!

Patti Fagan, Award-Winning Financial Coach

  Even though women are well educated and have successful careers, studies show they lack confidence in financial and retirement planning. Add to that the fact that, for women, money is emotional. We don’t see it as just a transaction as men do. Which has a tendency to make us feel incompetent when talking about […]