These married women carry the greatest retirement risk

  According to the retirement article, This group of women bears the highest retirement risk, “Married women in two-income households are at the greatest risk of not being able to maintain their standard of living after retirement.” That’s the finding of new research conducted by the Center for Retirement Research at Boston College and published […]

Money is Self-Care for Women

Ellevest's Sallie Krawcheck explains how (video article review)

Patti Fagan, Award-Winning Money Coach for Women

  In this video article, Ask Sallie: Is it Really Possible to Feel Good About Money? Sallie Krawcheck, the founder of Ellevest, shares how money for women does not actually inspire confidence and empowerment. Rather it represents insecurity and loneliness. So much so that women would much rather talk about their own death than talk […]

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 […]

Women’s Financial Status – Women’s History Month

Women's History Month Women's Financial Status

Today is International Women’s Day!   In honor of Women’s History Month, Shurwest Financial posted an article listing ways in which women have advanced in terms of social and economic status.   Unfortunately, not all of it is good news. Apparently, middle – and low – income women are losing ground while the wealthiest women […]

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 […]

Why Should Women Save More Money?

Patti Fagan, Award-Winning Financial Coach

  Here’s a very well written article, 3 Reasons Women Should Save More Money, that spells out the challenges women face when it comes to saving for retirement. The author goes even deeper into explaining how these challenges keep women coming up short in retirement account balances by sharing hypothetical scenarios to illustrate the point. […]

How our retirement system discriminates against women

Ladies, Here’s an eye-opening article that talks about a major financial crisis we face as women. According to studies, we have a greater chance than men of living in poverty due to financial challenges that impact retirement savings. The article does a nice job of listing the key factors involved. Such as the longevity issue: […]

April is Financial Literacy Month – Why Financial Education Matters

Patti Fagan, Award-Winning Financial Coach

April is National Financial Literacy Month. What’s your plan for a safe and secure retirement? This Forbes article speaks to the need for hard-working Americans to make financial literacy a priority. It cites a gobankingrate.com survery, which states: 50% of Americans have less than $1000 in savings   What are these people supposed to do […]

The cost of healthcare for women in retirement

Patti Fagan, Award-Winning Financial Coach for women

As someone who is passionate about educating women about finances in retirement, I spend a lot of time reading articles online. This one, entitled Healthcare for Women: A Great Challenge in Retirement is a good one because it spells out the actual financial challenges women face in retirement, regarding healthcare costs. According to retirement experts, […]

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 […]