Financial Planning

Most of us have suffered this sticker shock: You show up at the pharmacy to pick up a new prescription and are astonished at the price- and that’s even if you have insurance. Those with modest or no insurance face a more daunting prospect, including forgoing a costly medication even…

You may not realize it, but if you’re of “traditional retirement age,” yet find yourself getting up each morning to head to the office, you’re part of a growing trend: older people who remain in the workplace well beyond the age that is typical for retirement. And whether it’s money,…

Ladies, you probably need no reminders that due to longer life spans, women are more likely than men to lose a spouse. Experiencing loss is heartbreaking and traumatic. On top of grieving, it can be overwhelming to deal with such new “life logistics” as investments and other money matters. Because…

So you’ve begun planning for retirement and maybe even set an estimated budget. You’ll need to factor in housing and medical care costs and, fingers crossed, money for travel plans. But before you congratulate yourself, ask one more question: Have you considered your transportation costs- either driving your own car…

Whether by fate or by choice, many of us will grow older alone. Some of us never married or had a partner, some have no children, some live too far away from family to count on any help, and some are estranged from next of kin- essentially all alone. Estimates…

You may not realize it but 1.4 million women become widows each year. For most, it’s likely the most tumultuous and devastating occurrence in their lives. And for many older women, it’s also the first time in their lives that they truly need to grapple with the family finances. In…