FinancesApril 15, 2015
Getting Your Share: 5 Red Flags That You’re in an Abusive Relationship...
It is often said, “the meek will inherit the earth,” but unfortunately sometimes the meek also inherit abusive relationships. In society we typically think of meek as weak and subservient but there are also those who have high powered careers and look dapper in a suit who display characteristics of meekness in other aspects of their lives. All too often as a divorce attorney and mediator I hear a person who has suffered from abuse from their soon-to-be ex-spouse say when the two of them first got together it was all flowers, hand-written cards, and boxes of candy. Yet soon after their wedding night their spouse’s abusive behavior began to surface and they, “never saw it coming.” But if one really takes the time to look and maybe even trust their intuition, there are some red flags—signs that tell you, you may be dealing with an abusive person and it’s probably a good idea not to have a third date or even agree to marry that person.Read more...
February 9, 2015
How to Practice Retirement
Retreat, recede, conclude are not words in Priscilla Jackman's vocabulary. In 2008, she retired from a 33-year teaching career in the Steel Valley school district, outside Pittsburgh, and immediately returned to the same district as a consultant on literacy programs. Four years later, she "retired" from that gig and took a five- to seven-hour-a-week job mentoring student teachers at a nearby university. Now 61, Jackman enjoys mentoring but, she says, "I don't see myself doing it until I'm 70." She definitely sees herself doing "something else" -- maybe tutoring elementary school kids as a volunteer.Read the full article
February 2, 2015
10 Tax Breaks for Retirement Savers
Saving for retirement can decrease your tax bill or boost your refund. But there are also penalties if you take money out of retirement accounts too early or too late. Here’s how to minimize taxes on your retirement savings.Read the full article
December 15, 2014
Four Ways to Make the Most of Retirement
MADDY DYCHTWALD: Have you ever heard the expression, “live fast, die young”? As you probably know, this philosophy of life suggests taking lots of risks, enjoying life to the fullest and not suffering through old age. But with life expectancy another 20-plus years for those who have already reached age 65, maybe this philosophy needs to be tweaked. Maybe it’s time to live fast (meaning take some risks and enjoy life to the fullest) and die old. And maybe, just maybe, the one thing you need to think about the most as you near retirement is this: How can I make the most of the time I have left to walk this planet?Read the full article
November 13, 2014
Getting Your Share: Financial Divorce "Smarts"
Even if you are not quite ready to get divorced, or know someone who might be, you need to be informed and Financially Smart. Deciding to Divorce is a complex process. Deciding how easy or difficult the process will be depends on you and how your spouse responds. The better prepared you are emotionally and financially, will dictate how smooth or turbulent the divorce obstacle course will be. Depending on the make-up of your marriage, there are some legal, emotional and financial Divorce “Smarts” with which you should be equipped. Consult with an attorney and a mediator, or an attorney who is also a mediator. It's a good idea, especially if you have children or assets. Choose the right person for you. Someone who represents who you are and your divorce style. If you don’t have easy access to the family funds, start putting some money aside so you can afford to pay an upfront retainer, which is often required.Read more...