20 Jun
June 20, 2019

As more women work “side hustles” outside of their regular employment (e.g., Uber, Postmates, Task Rabbit, etc.), there is an opportunity for them to establish their own Solo 401(k) plan, defer taxable income, and save for retirement.

A Solo 401(k) plan consists of an employer contribution and an employee contribution.

Read More
20 May
May 20, 2019

“What did the doctor say?” A diagnosis of a serious illness can be life changing. The need to understand treatment options and to receive medical care is often overwhelming. A new diagnosis can impact not only your day-to-day routine, but also the people who are close to you.

Finances can also be impacted. In fact, one of the areas that a hospital support group asks patients to describe is their level of ‘financial stress.’

Read More
02 Apr
April 02, 2019

Gen Xers range from 35 to 49 years old, sandwiched between the Boomers and Millennials, who factor in to create the Gen X Jam.

As a Gen Xer myself — one who works in the financial services industry to boot — I feel the pressure of what I call the “Gen X Jam.” How will I support my retirement years and help my aging parents? What about my kids’ college education?

Read More
13 Mar
March 13, 2019

Crafting a great estate plan can be a fascinating exercise, yet most of us never quite get around to it. Perhaps it’s a bit like a challenging recipe: start with a natural reluctance to contemplate your own demise, sprinkle in some unique family dynamics, season liberally with ever-changing tax laws and fold in that one heir you’re not quite sure about. Is it any wonder we procrastinate?

Read More
27 Dec
December 27, 2018

Certain events in your life are happy and planned – graduations, getting that job, and having a child. Other significant events may be sudden and unexpected – disability, divorce, and premature death. We call these “life’s critical events.” They happen to each of us, albeit not at the same time or in the same magnitude, but the associated financial consequences can be considerable.

Read More
28 Nov
November 28, 2018

Recently I encouraged a female family member, a new college graduate, to take advantage of her employer’s retirement plan at her first “real” job. She responded that her future husband would take care of that. Note that she was single at the time of our conversation!

Read More
01 Oct
October 01, 2018

Social Security plays a key role in many Americans’ retirement plans. Understanding the benefits available in different situations is important, especially for women. According to the Social Security Administration, the median earnings for women are approximately 80% of men’s earnings.

Read More
26 Sep
September 26, 2018

Did you know that women are more likely to give to charity, tend to give more to charity, and are more likely to volunteer compared to men?

Based on survey results published by Fidelity Charitable, women are also more likely than men to seek advice from professionals when making decisions about their charitable giving.

Read More
09 Jul
July 09, 2018

This blog is brought to you by Savant’s Women’s Wealth Initiative

Becoming a first-time parent is both exhilarating and exhausting. For new mothers especially, it can be frightening. Caring for a newborn adds so many new things to worry about. As a new mom myself, I’ve experienced this firsthand. From the moment we brought our son home, I worried about whether he was eating enough, sleeping enough, and, dare I say it, pooping enough.

In addition to new worries, I often

Read More
06 Jul
July 06, 2018

This blog is brought to you by Savant’s Women’s Wealth Initiative

We may not consciously think about it, but how we handle our finances from day to day is based on our deeply held beliefs about money. By acknowledging our personal habits, we can open up about our beliefs, our fears, and our dreams.

Read More
02 Jul
July 02, 2018

The financial services industry is having a conversation. At the center of this conversation are women: women in financial service provider roles and women as investing clients.

Depending on which metrics you are tracking, it is reported that only one in four financial advisors are women.

Read More
25 Jun
June 25, 2018

At least once a year I like to reflect on my own personal financial planning. I think about what I did well and where I can improve financially. I prefer to evaluate my financial planning at the beginning of the year because I feel more comfortable implementing any needed changes and starting the year off on a strong financial note, but there is never a better time than right now to review your own plan.

Read More
03 May
May 03, 2018

If you are one of the lucky ones, growing up, Mom always looked out for you, offered you advice, and was there for you in good times and in bad. This Mother’s Day, it’s time to look out for your mom or another mom you love by offering financial education that can help her, both now and into her future. You may have picked up your current beliefs about money from someone in your family growing up.

Read More