Moms and Employment: What Works?

Would you be more likely to hire a woman who’d taken a year-long maternity leave or one who was absent for just a month? Managers faced with that decision preferred the candidate who’d taken less time off, a study in the Journal of Applied Psychology found. And that was true for female as well as male managers.

I suspect that this isn’t news to any mom who has tried to make her way back into the workforce after spending months or years ushering a newborn into babyhood. Finding some semblance of balance between paid work and motherhood is a long-running challenge for nearly everyone. (more…)

Preparing Mentally—And Financially—For Retirement

Search online for images of “retirees” and you’ll get a screen full of smiling, lightly wrinkled, gray-haired folks. Some pictures show couples strolling on the beach. Another shows women drinking tea and playing cards.

Illustrating retirement isn’t easy. Nor is envisioning how we’ll spend decades of post-work life. Without routine paid employment to structure our days and bolster our identity, who are we? For some of us—me included!—the idea of a retirement that includes bus trips to casinos and travel by RV just doesn’t resonate. (more…)

The Best Gift You Can Give Yourself: A Fiscally Friendly Holiday Season

If you’ve sighed at the sight of Christmas decorations sitting cheek and jowl with Halloween décor, you’re not alone. The holiday “season” seems to begin in October and last a full three months.

The longer the season, the more time consumers have to spend on gifts. So it’s no surprise that holiday spending has been rising steadily since 2008. In 2017, Americans were expected to shell out $967.13 each for holiday gifts, according to the National Retail Federation. Nationwide, Americans were likely to spend between $678.75 billion and $682 billion, an increase of 3.6 to 4 percent over 2016, according to the National Retail Federation. (It hasn’t yet updated those estimates with actual numbers, but you get the idea: December is a big month for gifts and giving, regardless of your religion or your income.) (more…)

Daylight Savings Time … With an Emphasis on “Savings”

If you’re lamenting the loss of brighter evenings when Daylight Savings Time begins Nov. 4, you can at least take solace in an hour of sleep.

Or perhaps you’d like to use that extra hour to do some financial housekeeping. (And honestly, you can tackle a few of these high-yield tasks any time this fall. They don’t take long to do, but come 2019, you’ll be glad you got them out of the way now.) (more…)

5 Keys to Successful Investment Management

In real estate investment, as everyone knows, the key is location, location, location. When it comes to personal investment management though, the key is plan, plan, plan. In our view, investment management can only be done well within the context of the Comprehensive Financial Planning process.

Planning is the key to achieving your financial life goals – from short-term goals such as a longed-for vacation to critical long-term goals like living a life of dignity and comfort in retirement. Along with cash flow management, investment returns are one of the engines that will power you toward your goals.

By following the 5 Keys to Successful Investment Management, you will find a sense of freedom from the anxiety of watching the markets bounce around, and you will dramatically improve your chances of achieving a retirement of dignity and comfort. (more…)