Tag Archives | Retirement Advice

Retirees’ Difficult Emotional Shift From Saving To Spending

Nearly 40 years of financial planning experience has taught me that retirement is one of the most impactful emotional transitions in life. As you face the shift from earning a paycheck to relying on sources other than work for your income, it is normal for difficult emotions and deeply buried money scripts to surface. Here […]

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For Seniors: Giving Up The Checkbook, Part Two

For seniors, arranging to entrust financial affairs to someone else is an important part of preparing for old age. Once you have chosen a surrogate and dealt with some of the details laid out in last week’s column, one question remains. How will the transition occur? Here are some suggestions.

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For Seniors: Giving Up The Checkbook, Part One

One area that few seniors prepare for is arranging for someone else to handle their financial affairs when they can no longer fully care for themselves. This is easy to put off, for three primary reasons. First, there are a lot of difficult emotions involved with the thought of losing our cognitive ability and the […]

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Sarah Cited in College Funding Article

If you feel an emotional obligation to help pay for your grandkids’ college costs, don’t do it at the expense of your own retirement. That’s the primary message in a recent article at Sarah Swantner from KFG is quoted in the September 29 piece, titled “The Best Investments for Children and Grandchildren: Consider a […]

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Social Security Bird in Hand May Not Give Maximum Benefits

“A bird in the hand is worth two in the bush.” That may be good advice for pheasant hunters, but it isn’t necessarily great financial advice for trying to decide when to file for Social Security benefits. Social Security pays your full benefit amount at your full retirement age (FRA). Depending on your birth year, […]

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