By Jennifer Hipkiss CFP®, EA, MSFP for the NABBW Women are poised to be the leaders in wealth management over the next decade, with an estimated 40% of women controlling assets over $600,000 in America1. Unfortunately, taxation can erode growth of wealth and useable financial resources for your goals – what you earn net of taxes is your true wealth of useable money. Implementing tax strategies to preserve your money will help you grow your wealth, as well as, provide added security to your financial plan without additional risk. Fortunately, there are strategies to help you minimize your tax... Read More

By Chloe JonPaul I challenge you to live well — for less. Women’s magazines and the Internet abound in time-saving tips and devices. This article is simply meant to share ways I live well while saving money, in order to help jump-start you into action with a gentle push in the right direction. Bargain or Wallet-Buster?  Shopping… at the mall, on the Internet, or by catalog is a tantalizing adventure that many people, especially women, thoroughly enjoy. It can be disastrous for the person on a fixed income. The majority of men and women entering Second Adulthood don’t have unlimited... Read More

Is It a Good Time to Sell Your Antiques and Heirlooms? By Julie Hall, the Estate Lady Special to the NABBW It is no secret that the economy stinks. You don\’t have to be a rocket scientist to figure out that people\’s wallets are well-guarded these days. However, it always surprises me when people call my office wanting to sell estate items, heirlooms, etc… and expect top dollar in the middle of a recession. Top dollar only takes place when you have top quality to offer. When these top-tier items do surface, serious collectors will dig deeper into their pockets to afford the “creme... Read More

Many women are frightened as they watch the changes the economy is going through. Women account for roughly 50% of the boomer population and typically outlive men. The uncertainty about the future and the changes that are happening make women wonder what they should do and what do the changes mean to them? Here are 5 tips on what you can do: 1) Are you protected in the current financial crisis? If you own a checking, savings, or certificate of deposit, you should make sure that you are insured by the FDIC. The FDIC insures up to a $100,000 per financial institution, per-person. A joint account... Read More

Don\’t let the panic of Wall Street and the uncertainty of the economy stop you from saving and investing with your IRA or 401(k). Like real estate, which is expected to show some signs of rebounding toward year end, the market will eventually rise. Yes, it may be awhile and no one has a crystal ball to predict exactly when. However, we can position ourselves to be prepared so we can prosper and use common sense to protect our individual retirement accounts. Here are 3 steps you can take today to prepare, prosper and protect your IRA in 2009. 1. Educate yourself. We must take control of our... Read More

Don\’t let the panic of Wall Street and the uncertainty of the economy stop you from saving and investing with your IRA or 401(k). Like real estate, which is expected to show some signs of rebounding toward year end, the market will eventually rise. Yes, it may be awhile and no one has a crystal ball to predict exactly when. However, we can position ourselves to be prepared so we can prosper and use common sense to protect our individual retirement accounts. Here are 3 steps you can take today to prepare, prosper and protect your IRA in 2009. 1. Educate yourself. We must take control of our... Read More

Don\’t let the panic of Wall Street and the uncertainty of the economy stop you from saving and investing with your IRA or 401(k). Like real estate, which is expected to show some signs of rebounding toward year end, the market will eventually rise. Yes, it may be awhile and no one has a crystal ball to predict exactly when. However, we can position ourselves to be prepared so we can prosper and use common sense to protect our individual retirement accounts. Here are 3 steps you can take today to prepare, prosper and protect your IRA in 2009. 1. Educate yourself. We must take control of our... Read More

Many women, particularly those of baby boomer age and older, rely on a man to be their financial plan. This is mainly due to conditioning that started in childhood. The typical couple used to consist of the husband who was the breadwinner, and the wife who was the homemaker and mother. Women were not encouraged to involve themselves with finances and investments. Those were considered the man’s job. As a result, women did not develop the skills to competently manage money or understand investments. The unfortunate result of this early programming is that many women feel “dumb” about money... Read More

These are unprecedented times. With the breakdown of traditional financial institutions, the wildly fluctuating stock market and the 700 million dollar government bailout, Americans are confused about how to respond. Some are in denial, not prepared to grasp the problems and potential consequences. Others are angry at what they see as awarding recklessness on Wall Street. Still others are in a panic about the gloomy economic forecast. These are all common emotional reactions to loss. And for Sandwiched Boomers, many of whom are financially responsible for their growing children and aging parents,... Read More

It\’s no longer a stretch to think about living to 100. According to researchers at the New England Centenarian Study at Boston University, there are 80,000 American centenarians alive today, and the U.S. census bureau predicts nearly 500,000 by 2040. With advances in medical technologies and research, improved geriatric medical care, and higher incomes which usually translates to better quality of foods, Americans are simply living longer. And studies continue to show that women outlive men. As much as I\’m pleased to be reading about the medical advancements, healthier lifestyles,... Read More