Finances
Scams: Targeting Our Aging Loved Ones
Recently we ran an article that flew right to the top of the charts: Scammed By Love. It’s the true story of 73 year-old Lydia, from Vancouver, who was scammed by a guy she met through an online dating site. And it quickly reminded me of the time I was in my 90 year-old mother’s home when the infamous “Rachel from Cardmember Servi...Read More
Retirement Realities
Over this weekend I’ve heard two different stories about After Fiftiers who are significantly downsizing their lives and selling their homes in this down market. Why? Both are looking to generate extra income. One needs to support the care of an aging loved one; the other needs to support her own�unplanned, unexpected, early retirement. So,...Read More
The IRS and Identity Theft
He and my husband are great friends – going on 40 years! In addition to being a good friend, he’s also very bright, well-educated, and very (very) comfortable, financially-speaking. So we were surprised by his story. He owns two homes, a principal residence and a vacation home. When he files his federal taxes, he files them based on his...Read More
An End of Life Journey Begins
Yes, I know. It’s been much too long since I have posted here. But as is the case with many of us who are After Fifty, life sometimes intervenes (interferes) with our plans. The intervening factor here was the sudden, unexpected illness and hospitalization of my 88-year-old mother. It was touch-and-go for a bit, and, bottom line, even though ...Read More
After Fifty? Thinking of Retirement? Make It A Happy One! (Part 3)
Let’s look at the final two “secrets” to a happy retirement, as was highlighted by Sidney Lagier in her recent US News’ article. The first 2 secrets were discussed in the posting here of July 25th and the next three secrets are discussed in the posting here on July 29th.� Here are the last 2 secrets. Not Addicted To Achiev...Read More
Supporting Ourselves in Retirement
I recently had the opportunity to review a report by the Employee Benefit Research Institute, which has produced its 2010 Retirement Confidence Survey. (You can read the report right here.) There are several significant, eye-opening findings in the report. For example, “most workers have little put away in savings and investments…”...Read More