Do You Have Enough for Retirement?

  According to statistics, most Americans do not. 46% of Americans have less than $10,000 saved for retirement. (Employment Benefit Research Institute) 40% of baby boomers now plan to work until they die. (AARP) 36% of Americans say they don’t contribute anything at all to their savings. (CNBC) 87% of adults say they are not […]

How to go from being a compulsive spender to a compulsive saver

How to go from being a compulsive spender to a compulsive saver

I used to be a financial avoider. I never thought about saving for the future. My thoughts about money revolved around buying things. All that changed back in 2007 when a financial planning firm recruited me to do retirement planning for school teachers. That was when my eyes were opened to the shocking reality of […]

Why I joined the Ultimate Blog Challenge July 2020

  I joined the July 2020 Ultimate Blog Challenge,  which means I’ve committed to posting a blog on this website every day for the next 31 days. Why on earth would I do that?!!! Over the last few months, while we’ve been SIP, I received several calls from women who are getting serious about planning […]

Ladies, you don’t have to be a statistic

Planning for lifetime retirement income

  I came across a survey where two hundred forty-six women (age seventy and younger) who became widowed within the past five years were interviewed. These women owned assets of $50,000 to $1 million. This survey was completed for the Women’s Institute for a Secure Retirement (WISER) and funded by the American Council of Life […]

What is Your No. 1 Coronavirus Money Fear?

  Before the pandemic, 49% of the women surveyed in the Allianz Women, Money & Power Survey (2013), stated their number one money fear sounded something like this:   I’m afraid I’ll end up penniless and homeless in retirement.   This is a fear I hear about more often than not from women who come […]

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 […]

3 Baby Steps to Help You Take Charge of Your Finances

3 Baby Steps to Help You Take Charge of Your Finances - by Award-winning Financial Coach, Patti Fagan

  Despite your best intentions, taking charge of your finances tends to get pushed to the back burner, which ultimately causes financial anxiety. You know you need to take care of these things. But you’d rather avoid the discomfort of facing your financial reality. Well, guess what? You’re not alone. Lots of women avoid dealing with […]

The $140,000 Latte

How little things add up over time

  David Bach, the author of Smart Women Finish Rich coined the term “Latte Factor” to represent the missed opportunities to build wealth due to habitual unconscious spending on things like unnecessary daily coffee drinks. Have you ever stopped to think about how much money you could contribute to retirement savings each month if you really […]

Baby Boomer Women Wish They Had Saved More Money for Retirement

Women & Money Blog

  If you’re a baby boomer woman and you feel like you’re behind in your retirement savings, you are not alone. According to The Allianz Women, Money and Power Study (2007), 62% of women wish they had done more to prepare for their retirement. More than half (55%) wish they had saved more money and […]