Provided by Pamela J. Sams, CRPC, NABBW’s Retirement Planning Associate When our parents retired, living to 75 amounted to a nice long life, and Social Security was often supplemented by a pension. The Social Security Administration (SSA) estimates that today’s average 65-year-old female will live to age 86.6. Given these projections, it appears that a […]
By Pamela J. Sams, CRPC NABBW’s Retirement Planning for Women Expert More women are working and taking charge of their own retirement planning than ever before. What does retirement mean to you? Do you dream of traveling? Pursuing a hobby? Volunteering your time, or starting a new career or business? Simply enjoying more time with […]
Why Women Need Life Insurance By Pamela J. Sams, CRPC NABBW’s Retirement Planning for Women Expert At any age, health care is a priority. But when you retire, you should probably focus more on health care than ever before. This is especially true for women. Women live longer, develop certain chronic conditions (e.g., osteoporosis) at […]
Why Women Need Life Insurance By Pamela J. Sams, CRPC NABBW’s Retirement Planning for Women Expert Today, women have more financial responsibilities than ever before. How will your family or loved ones manage financially if you die? Whether you are single, married, employed, or a stay-at-home mom, you probably need life insurance. At the very […]
Women and the Retirement Ripple Effect By Pamela J. Sams, CRPC NABBW’s Retirement Planning for Women Expert Women today are an integral part of our economy and key financial decision-makers in their families. In the last 40 years, women\’s incomes have risen more than 60% according to the U.S. Bureau of Labor Statistics and women […]
Financial Challenges of Caring for an Aging Parent or Parents By Pamela J. Sams, CRPC NABBW’s Retirement Planning for Women Expert It was your parents who made sure the tooth fairy never forgot you, and took care of all the bumps and bruises of childhood. They were taking the pictures when you graduated from high […]
Retirement Rules of Thumb By Pamela J. Sams, CRPC NABBW’s Retirement Planning for Women Expert Because retirement rules of thumb are guidelines designed for the average situation, they\’ll tend to be “wrong” for a particular retiree as often as they\’re “right.” However, rules of thumb are usually based on a sound financial principle, and can […]
Why Women Need Social Security By Pamela J. Sams, CRPC NABBW’s Retirement Planning for Women Expert Did you know that the first person ever to receive ongoing Social Security benefits was a woman? Ever since Ida May Fuller received the first retirement benefit check in 1940, women have been counting on Social Security to provide […]
For Better, For Worse: Communicating About Retirement By Pamela J. Sams, CRPC NABBW’s Retirement Planning for Women Expert A recent survey suggests that many couples are not communicating clearly about retirement goals and strategies, even as they approach retirement age. The couples surveyed were at least 46 years old with a minimum annual household income […]
Not Your Grandmother\’s Retirement – a Look at Retirement in the Modern World By Pamela J. Sams, CRPC NABBW’s Retirement Planning for Women Expert According to the Centers for Disease Control and Prevention, the average life expectancy in the United States was 77.9 years as of 2007. That longer life expectancy has an impact on […]
