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Tuesday - October 27, 2020
 

Have You Budgeted for Retirement? Here’s Why You Need to Create a Strategy for Success.

October 15th, 2020

Provided to the NABBW by Pamela J. Sams, CRPC, BFA, MBA, NABBW’s Retirement Planning Associate Run the numbers. There is a rule of thumb for retirees suggesting that retirement income has a target of 70-80% of the household’s end salary, though this can certainly vary. So, years before leaving work, sit down (perhaps with the financial professional you know and trust) and take a look at your household’s monthly expenses.1 The closer your household gets to retirement, the more exact you will want to be about your income needs. You first want to look for changing expenses: housing costs... Read More

In the year of the virus: Nature Can Be Our Salvation.

September 5th, 2020

By Linda Ballou, NABBW’s Adventure Travel Associate In the words of Edward Abbey…”I am not an atheist, I am an Earthiest!” Earthiests are people who literally need to plug into the planet to recharge. Whether sitting on a rock warmed by the sun, or face planted down on the sand at the beach, standing on a mountain top arms spread with palms up to gather energy, or resting against a tree, I am gathering energy from the earth. Some people think nothing is happening when they are sitting still because their minds are too busy to feel anything. But, they are receiving nature’s... Read More

August 31st, The 2020 RMD Income Tax Relief Deadline Is Almost Here: Important Facts You Must Be Aware Of

August 21st, 2020

Provided by Pamela J. Sams, CRPC©, BFA™ and NABBW’s Retirement Planning Associate Are you one of the many retirement account holders who took a mandatory distribution this year? If so, you may be able to manage the taxes associated with Required Minimum Distributions (RMDs) from traditional IRAs and 401(k)s. There are some essential details to keep in mind, however. Here’s what you need to know. Don’t forget the withholding Thanks to the Coronavirus Aid, Relief, and Economic Security (CARES) Act, those who hold certain retirement accounts can bypass the required minimum distributions... Read More

Pam Sams On “What’s the Deal with Social Security for Women?”

July 30th, 2020

Provided by Pamela J. Sams, CRPC®️ BFA™️ MBA – NABBW’s Retirement Planning Associate In my position as principal of Jackson Sams Wealth Strategies, in Herndon, Virginia, I often find myself counseling my clients on Social Security. I often find myself explaining that when Social Security was enacted in 1935, it was conceived as an entitlement program. Since, at that time, people didn’t live much past age 65, the amount of time you would actually be expected to  receive a check from the Social Security Administration (SSA) was very short.   Even when our parents retired, living... Read More

Linda Ballou Shares Why Australia’s Sydney Opera House, Located on Bennelong Point; Is Named in Honor of an Aboriginal Warrior and Peacemaker, the First Native Australian to Visit Europe and Return

June 15th, 2020

“We belong to the earth. It does not belong to us.” Aboriginal saying Since time immemorial Tubowgule, the tidal island on which the Sydney Opera House stands, has been a place of gathering for Aboriginal peoples. The clans would meet there to dance, sing, feast, and share their stories. Today that piece of land that juts out into the Sydney Harbor is called Bennelong Point. On my tour of Australia, I noticed Bennelong’s name popping up everywhere making me curious about the importance of this man. Woollarawarre Bennelong was a notable leader of the Wangal, a clan of the Eora people... Read More

Are You Wearily Dozing Through the Day But Sleeplessly Suffering at Night? Shirley Meerson Recommends Daytime Habits to Help You Succeed

June 2nd, 2020

By Shirley Meerson, CHWC ~ NABBW’s Ageless Wellness Lifestyle Associate Sleep is a top priority for your ageless wellness lifestyle.  You may not realize that some of your daytime habits may be the cause of your failure to have regular restful sleep at night. Have you tuned into the fact that a good night’s sleep is just as important as regular exercise and a healthy diet? Sleep provides a list of restorative powers and allows you to function at your best.  The healing that occurs during sleep affects your hormones, inflammation, brain health, stress, and immune system. Your nervous... Read More

Linda Ballou Shares How to Make Travel Writing Work for You AND Get Great Trips for Free

May 14th, 2020

By Linda Ballou, NABBW’s Adventure Travel Associate When I am not adventuring on horseback through pristine country, hiking some of the world’s most gorgeous trails, or taking life-changing river trips, I am writing about them and my other adventures. Life for me was not always this way. A minor tragedy forced me to re-examine what I had been doing with my days and to make a new plan. I was full tilt into the horse world when a herniated disc dropped me to my knees for about six weeks. I gave up my mare and the sport I dearly loved. This forced me to think about what I wanted to do; to... Read More

How Women Can Prepare For Retirement: A practical financial checklist for the future.

April 24th, 2020

Provided by Pamela J. Sams, CRPC®️ BFA™️ – NABBW’s Retirement Readiness Associate When our parents retired, living to 75 amounted to a nice long life, and Social Security was often supplemented by a pension. Today, the Social Security Administration (SSA) estimates that the average 65-year-old woman will live to age 86½. Given these projections, it appears that a retirement of 20 years or longer might be in your future.1,2 Are you prepared for a 20-year retirement? How about a 30-year or even 40-year retirement? Don’t laugh; it could happen. The SSA projects that about 33%... Read More

Too Many Elephants in the Room!!

April 1st, 2020

By Linda Ballou, NABBW’s Adventure Travel Associate On my visit to South Africa in 2015, I was surprised to learn that there are too many elephants! With so many environmental groups fighting to prevent the poaching of these emblematic creatures for their ivory tusks, it was ironic to learn that as early as five years ago, the African parks were actually dealing with elephant over-population.  Then, an estimated 120,000 elephants roamed the vast, unfenced preserves of Botswana under the protection of armed, patrolling rangers. Today there are 130,000. But that’s just the Botswana... Read More

Should You Care What the Financial Markets Do Each Day? Focusing on Your Strategy During Turbulent Times.

March 23rd, 2020

Provided by Pamela J. Sams, CRPC, BFA, NABBW’s Retirement Readiness Associate Investors are people, and people are often impatient. No one likes to wait in line or wait longer than they have to for something, especially today when so much is just a click or two away. This impatience also manifests itself in the financial markets. When stocks slip, for example, some investors grow uneasy. Their impulse is to sell, get out, and get back in later. If they give in to that impulse, they may effectively pay a price. Across the 30 years ended December 31, 2018, the Standard & Poor’s 500 posted... Read More