Advertisement
| financial advice for widows: Moving Forward on Your Own Kathleen M. Rehl, 2010-08 Your husband's death is possibly the most devastating event you've ever experienced. You may wonder, ôAm I going to be able to make it on my own?ö Maybe you feel overwhelmed and don't know what to do next. |
| financial advice for widows: Wise Women Managing Money Miriam Neff, Valerie Neff Hogan, 2022-03-01 A book by women, for women, about money management. More women than ever have control of capital and are making financial decisions. Yet not every woman has command of the lingo, the underlying principles, or the big-picture perspective of money management. If that describes you, Wise Women Managing Money is here to help. Written by a mother-daughter team, this book is uniquely positioned to come alongside you and provide the financial overview you need. Miriam, the mother in the duo, has enough real-world experience to give her a vintage outlook on life. As a long-time counselor, she understands human needs. And as a widow, she knows what it means to be thrust unexpectedly into money matters. Valerie, the daughter, is an attorney, certified financial planner, and an expert in Christian philanthropy. Together, Miriam and Valerie combine their skillsets to answer your pressing questions about things like: Credit cards Managing debt Insurance Loans and contracts Budget busters Avoiding fraud Picking a financial advisor IRAs, annuities, & Roths Kingdom giving And much more! Whether you’re newly involved in money management due to a career or life transition, or you just want to be more knowledgeable about this important part of life, Wise Women Managing Money will teach you the ropes in language anyone can understand. Don’t let all the business jargon or technical terms intimidate you. Take control of your financial future and start managing your money in ways that honor God and allow you to do good with the resources He provides. |
| financial advice for widows: How to Give Financial Advice to Couples: Essential Skills for Balancing High-Net-Worth Clients' Needs Kathleen Burns Kingsbury, 2013-09-06 DISCOVER the SECRETS to ATTRACTING and RETAINING AFFLUENT COUPLES Fact: A startling 70 percent of widows fire the couple's financial advisor within one year of the death of their spouse--the main reason being that the advisor had failed to develop a trusting relationship with both partners. You can be the exception by developing the essential skills needed to be a couplefriendly advisor. And Kathleen Burns Kingsbury, a leading wealth psychology expert, shows you exactly how to develop these skills. How to Give Financial Advice to Couples teaches you how to avoid common traps like subtly siding with one member of the couple, failing to plan adequately with both partners, and sidestepping difficult financial conversations for fear of upsetting the wealth creator. A leading wealth psychology expert, Kathleen Burns Kingsbury reveals everything you need to know about the psychology of couples in order to serve them better. Along the way, she offers specific tips and techniques for managing the challenges inherent in advising traditional and nontraditional couples. Kingsbury reveals: The top myths about couples and money The five tenets of couple dynamics and how they unfold in your office Strategies for encouraging the nondominant partner to speak up in meetings Techniques for facilitating financial conversations and mediating differences Tips for empowering couples to raise financially intelligent children You'll learn how to develop and articulate your couple's philosophy to establish expertise and credibility, how your couple's mindset impacts your work, and how being a couple-friendly advisor will set you apart from the competition. This one-of-a-kind handbook is the key to unlocking the secrets to attracting and retaining high-net-worth couples now and after difficult life transitions. How to Give Financial Advice to Couples gives you the expert insight and proven tools for navigating the unique dynamics of two people planning for their financial future. Why do 70 percent of widows fire their financial advisor upon the passing of their husbands? Kathleen Burns Kingsbury provides the answer. Providing financial advice to couples is a primary skill that has been overlooked in this profession for too long. Whether or not you hearken to Kathleen’s insights will have a profound impact on your business, for better or for worse, for richer or for poorer. -- Mitch Anthony, author of The New RetireMentality A must-read text for financial advisors to help them build and grow their practices. Kingsbury's advice will transform the way you work with your coupled clients, making for more satisfying and prosperous advisory relationships. -- Eleanor Blayney, Consumer Advocate for CFP Board There are four things we were all taught never to talk about: Sex, Politics, Religion, and Money. When it comes to money, the one place where these conversations MUST happen is in your office. That's why you need to read this book--for its insights into how you can help couples start talking about money! -- Carl Richards, author of The Behavior Gap |
| financial advice for widows: Suddenly Single Kerry Hannon, 1998-04-17 Suddenly Single is one of several books recommended as a valuable resource for handling investments, taxes and legal impediments if you don't fit the definition of a nuclear family. |
| financial advice for widows: My Husband Died, Now What? Debra L. Morrison, 2015-01-12 A widow's step-by-step guide to picking up her emotional pieces and re-creating her life--personally and financially. This seasoned Certified Financial Planner gives easy to follow tips & strategies to help widows avoid financial mistakes, and ease into making the important financial decisions that inevitably loom after their husband dies. Written in English, not financese, this book delivers impartial advice with a wit that penetrates most widow's I can't do this thing called money protective shields. Practical, down-to-earth examples educate widows on things they may not know (yet need to know) about finances. The author combines Grief Coaching skills with concrete guidance about how to select a Certified Financial Planner(r). She cheerleads her reader into re-creating her life with small yet powerful action steps forward. Any widow who seeks education about money in plain English, wishes to avoid making costly mistakes, and wants effective coaching tips and strategies to move through her fears and to make tough decisions will be a great candidate for Debra's empowering advice in this book. |
| financial advice for widows: Tips from Widows Jan Robinson, 2015-02-12 'This is a wonderful, beautiful little book. It is like a quiet, wise friend, full of comfort and practical counsel, when your world has collapsed or changed beyond recognition. It is like a crib sheet of how to cope; it is as helpful to friends of widows as to the widows themselves, and it is written from experience, which is the bedrock of reliable advice' Joanna Lumley When Jan Robinson's husband died suddenly and unexpectedly, she had the idea of asking any other widows, whenever and wherever she met them, for two tips about how to deal with widowhood – anything that came to mind, whether it was what to do or what not to do, however seemingly unimportant. That is how Tips from Widows started. Grief is an unmanageable emotion and the form it takes is unique to every woman whose husband or partner has died. There are no set rules about coping with loss. Some people struggle with it for years and maybe never get over it. Others manage to move on. This book makes no claim to be an authority on how to cope as a widow, nor does it set out to offer a thorough analysis of widowhood. It is, quite simply, tips from widows. You may be alone in your boat on the ocean, but Tips from Widows will help you to recognise that other boats are out there too. |
| financial advice for widows: Widow To Widow Genevieve Davis Ginsburg, 2007-04-03 From a widow and therapist, a guide to life after losing a husband, with reflections on grief and practical advice In this remarkably useful guide, widow, author, and therapist Genevieve Davis Ginsburg offers fellow widows -- as well as their family and friends -- sage advice for coping with the loss of a husband. From learning to travel and eat alone to creating new routines to surviving the holidays and anniversaries that reopen emotional wounds, Ginsburg give guidance on: Dealing with anger and guiltMaintaining family relationshipsDating after widowhoodHandling moneyResponding to others' supportAnd more Widow to Widow walks readers through the challenges of widowhood and encourages them on their path to building a new life. |
| financial advice for widows: Safety-First Retirement Planning Wade Donald Pfau, 2019-10 Two fundamentally different philosophies for retirement income planning, which I call probability-based and safety-first, diverge on the critical issue of where a retirement plan is best served: in the risk/reward trade-offs of a diversified and aggressive investment portfolio that relies primarily on the stock market, or in the contractual protections of insurance products that integrate the power of risk pooling and actuarial science alongside investments. The probability-based approach is generally better understood by the public. It advocates using an aggressive investment portfolio with a large allocation to stocks to meet retirement goals. My earlier book How Much Can I Spend in Retirement? A Guide to Investment-Based Retirement Strategies provides an extensive investigation of probability-based approaches. But this investments-only attitude is not the optimal way to build a retirement income plan. There are pitfalls in retirement that we are less familiar with during the accumulation years. The nature of risk changes. Longevity risk is the possibility of living longer than planned, which could mean not having resources to maintain the retiree's standard of living. And once retirement distributions begin, market downturns in the early years can disproportionately harm retirement sustainability. This is sequence-of-returns risk, and it acts to amplify the impacts of market volatility in retirement. Traditional wealth management is not equipped to handle these new risks in a fulfilling way. More assets are required to cover spending goals over a possibly costly retirement triggered by a long life and poor market returns. And yet, there is no assurance that assets will be sufficient. For retirees who are worried about outliving their wealth, probability-based strategies can become excessively conservative and stressful. This book focuses on the other option: safety-first retirement planning. Safety-first advocates support a more bifurcated approach to building retirement income plans that integrates insurance with investments, providing lifetime income protections to cover spending. With risk pooling through insurance, retirees effectively pay an insurance premium that will provide a benefit to support spending in otherwise costly retirements that could deplete an unprotected investment portfolio. Insurance companies can pool sequence and longevity risks across a large base of retirees, much like a traditional defined-benefit company pension plan or Social Security, allowing for retirement spending that is more closely aligned with averages. When bonds are replaced with insurance-based risk pooling assets, retirees can improve the odds of meeting their spending goals while also supporting more legacy at the end of life, especially in the event of a longer-than-average retirement. We walk through this thought process and logic in steps, investigating three basic ways to fund a retirement spending goal: with bonds, with a diversified investment portfolio, and with risk pooling through annuities and life insurance. We consider the potential role for different types of annuities including simple income annuities, variable annuities, and fixed index annuities. I explain how different annuities work and how readers can evaluate them. We also examine the potential for whole life insurance to contribute to a retirement income plan. When we properly consider the range of risks introduced after retirement, I conclude that the integrated strategies preferred by safety-first advocates support more efficient retirement outcomes. Safety-first retirement planning helps to meet financial goals with less worry. This book explains how to evaluate different insurance options and implement these solutions into an integrated retirement plan. |
| financial advice for widows: Affluent Investor Phil DeMuth, Ben Stein, 2013-04-01 Newcomers to financial investment can find dozens of advice books written especially for them, but this brand-new title is a book with a difference. It speaks directly to you—if you’re an investor with a portfolio worth $100,000 or more. The well-known investment advisor and bestselling author Phil DeMuth addresses the bread-and-butter issues facing that underserved segment of the equities investment community. He will tell you— How to custom tailor your asset allocation to your personal circumstances How to capture the recognized outperforming market anomalies in your portfolio How to keep what you’ve got and avoid Wall street’s wealth extraction machine Author DeMuth also passes along some invaluable retirement investing advice learned from Warren Buffett, and he explains the primary asset protection and tax minimization strategies that work for those in the high-net-worth bracket. Here are investment strategies for the affluent, as well as for those who are approaching affluence and are trying to take that big step forward. |
| financial advice for widows: From One Widow to Another Miriam Neff, 2009-01-01 Widow is one title women do not want to have. Yet, according to the Surgeon General’s office, 800,000 people become widows or widowers every year in the United States alone. Every aspect of a widow’s existence changes—like it or not, ready or not. These changes add to the emotional roller coaster that most women experience after losing their husband. Miriam Neff understands the ride. As she struggled to understand and accept her new role after her husband’s death, she recognized the need for women to hear from others about their experiences and what helped them transition to this new stage of life. From One Widow to Another offers practical advice for those facing the loss of a spouse. Drawing from her own loss, Neff walks with the reader through practical issues to a sense of encouragement. |
| financial advice for widows: Finding Love After Loss Marti Benedetti, Mary A. Dempsey, 2021-10-11 Guides readers through the emotions and practical concerns of finding love after the death of a partner. Romantic love, in all its permutations, forms one of the most fascinating of human interactions. It also can be one of life’s thorniest challenges, especially in a world where relationships often unfold online and, recently, where a pandemic barred face-to-face contact with people outside one’s immediate household. Among those seeking romance in increasing numbers is a group that stands apart: the women who, slammed by the death of a spouse, bravely pursue new love. Finding Love After Loss: A Relationship Roadmap for Widows goes to the trenches to interview widows who have embarked, nervously but with hope, on this quest. Their frank and revealing interviews, along with wisdom from relationship experts, provide guidance to other women trying to navigate the relationship scene when their last date might have been decades ago. Where do widows find new partners? How much should they share in their online profile? What do they tell their friends and family? What about getting naked for the first time with a new man? Who pays when the bill appears at a restaurant? More than any time in U.S. history, the country’s widows are seeking another chance at romance. The sheer number of widows—11 million, with an average age in the fifties—makes them a formidable force. They are living longer and have broader views on sex and money. Yet it is difficult for them to find their footing. Many of them have been away from the courtship arena for decades. They may make their return to dating with children and in-laws in tow. They are confused by the new rules and unclear on the expectations but convinced that they are capable of loving again. This book, written by a widow and a co-author who dated a widower, details just how powerful, sometimes daunting, and exhilarating the journey to new love can be. It also unveils the extraordinary ways that widows are reshaping the romance landscape: by tossing traditional marriage vows by the roadside, by skipping marriage entirely, or even by committing to a new partner but living apart. This isn’t your grandmother’s widowhood scene, not by a long shot. Finding Love After Loss examines the crazy, sad, and even zany contributions that people left behind by the death of a partner bring to new relationships. At the same time, it reveals both the amazing resilience of women who have lived through great loss and the irresistible pull of human connection. |
| financial advice for widows: Healing a Spouse's Grieving Heart Alan D. Wolfelt, 2003-11-01 Helping widows and widowers learn how to cope with the grief of losing their helpmate, their lover, and perhaps their financial provider, this guide shows them how to find continued meaning in life when doing so seems difficult. Bereaved spouses will find advice on when and how to dispose of their mate's belongings, dealing with their children, and redefining their role with friends and family. Suggestions are provided for elderly mourners, young widows and widowers, unmarried lovers, and same-sex partners. The information and comfort offered apply to individuals whose spouse died recently or long ago. |
| financial advice for widows: The Hot Young Widows Club Nora McInerny, 2019-04-30 From the host of the popular podcast, Terrible, Thanks for Asking, comes a wise, humorous roadmap and caring resource for anyone going through the loss of a loved one—or even a difficult life moment. In the span of a few weeks, thirty-something Nora McInerny had a miscarriage, lost her father to cancer, and lost her husband due to a brain tumor. Her life fell apart. What Nora discovered during this dark time is that, when you’re in these hard moments, it can feel impossible to feel like even a shadow of the person you once were. People will give you all sorts of advice of how to hold onto your sanity and sense of self. But how exactly? How do you find that person again? Welcome to The Hot Young Widows Club, Nora’s response to the toughest questions about life’s biggest struggles. The Hot Young Widows Club isn’t just for people who have lost a spouse, but an essential tool for anyone who has gone through a major life struggle. Based on her own experiences and those of the listeners dedicated to her podcast, Terrible, Thanks for Asking, Nora offers wise, heartfelt, and often humorous advice to anyone navigating a painful period in their lives. Full of practical guidance, Nora also reminds us that it’s still okay to laugh, despite your deep grief. She explores how readers can educate the people around them on what to do, what to say, and how to best to lend their support. Ultimately, this book is a space for people to recognize that they aren’t alone, and to learn how to get through life’s hardest moments with grace and humor, and even hope. |
| financial advice for widows: Dating a Widower Abel Keogh, 2020-01-29 Dating a widower comes with unique challenges that you won’t encounter when dating a single or divorced man. For the relationship to work, the widower will have to put his feelings for his late wife to the side and focus on you. But how do you know if he’s ready to take this step? Drawing on his own experience as a remarried widower, Abel Keogh provides unique insight and guidance into the hearts and minds of widowers, including: · Why widowers date so soon after their late wife dies · How to know if the widower is ready to make room in his heart for you · Red flags that indicate widowers aren’t ready for commitment · How to set and maintain healthy relationship boundaries with widowers Dating a Widower is your guide to having a successful relationship with a man who’s starting over. It also contains 21 real-life stories from women who have gone down the same road you’re traveling. It’s the perfect book to help you decide if the man you’re seeing is ready for a new relationship—and whether dating a widower is right for you. *** Abel Keogh is the expert on widower relationships. A remarried widower, Abel has successfully helped thousands of women know if the widowers they’re dating are ready for a serious relationship. He also helps widowers understand what it takes to overcome grief and open their heart to another woman. Learn more at http://www.abelkeogh.com. |
| financial advice for widows: Your Next Chapter Alexandra Armstrong, Mary R. Donahue, 2020-04-08 Your Next Chapter: A Woman's Guide To A Successful Retirement You are on the threshold of Your Next Chapter. Hopefully, it will be an exciting and satisfying one. This book will help you navigate the unfamiliar waters on both an emotional and financial level. Written by women for women, Your Next Chapter focuses on the issues you need to address so you can have a sustainable and rewarding future. YOUR NEXT CHAPTER provides important information to help you make the necessary decisions you now face. To illustrate these concerns, the authors present detailed scenarios of four hypothetical women in various situations in different geographic locations as they approach retirement. Among the topics examined: - What retirement means for you - How you should revise your investment and estate plans - How your emotional and physical health will be impacted by retirement - Why your planning should be flexible and adaptable as your needs and desires change |
| financial advice for widows: The ABC's of Widowhood Pat Nowak, 2003-08 Sudden paralysis is a circumstance no one wishes to get intimately familiar with, but such tragedies do unfortunately occur. In my own experience, I've learned that a mother will search desperately for the tools of education whenever they're required, but when my son was involved in a life-changing accident, I could find no shared experiences written of by another parent. After living through the experience of the accident's aftermath and the many months of rehabilitation, I was eventually able to sit down and put words onto paper in the hope that another mother would one day find my experience helpful during their own times of learning and searching. That immediate past so suddenly lost, without preparation of any kind, brought my old son into focus at the same time as my mind was trying to meet the new one-who was in many ways a stranger based on the physical limitations and changes now present in his life. During this time is when I met the ghost-- and the handsome man in the wheelchair. I was determined to do so positively, but had no instruction book on the new parenting needs. We learned together, all of us who loved my son, and I can now see that part of the lesson is that the ghost leaves us in his own time as we learn to let him go. There is no one-means or one-method lesson book. I have tried as honestly as I can to share my experience as a mother. My attempt is supported by my courageously inspiring son who was the motivator and teacher in many ways and by his younger brother who shared commitment and devotion with me. At the end of our story-which is truly a beginning of another-our lives are full and blessings continue to enrich our times together. The goal of this book is that the reader will find something that will take them through Hell Week to the start of their loved one's new life with more hope and confidence. Many have contributed to our progress; I hope I may contribute to the hopefulness of others in similar circumstances. |
| financial advice for widows: Financial Therapy Bradley T. Klontz, Sonya L. Britt, Kristy L. Archuleta, 2014-09-10 Money-related stress dates as far back as concepts of money itself. Formerly it may have waxed and waned in tune with the economy, but today more individuals are experiencing financial mental anguish and self-destructive behavior regardless of bull or bear markets, recessions or boom periods. From a fringe area of psychology, financial therapy has emerged to meet increasingly salient concerns. Financial Therapy is the first full-length guide to the field, bridging theory, practical methods, and a growing cross-disciplinary evidence base to create a framework for improving this crucial aspect of clients' lives. Its contributors identify money-based disorders such as compulsive buying, financial hoarding, and workaholism, and analyze typical early experiences and the resulting mental constructs (money scripts) that drive toxic relationships with money. Clearly relating financial stability to larger therapeutic goals, therapists from varied perspectives offer practical tools for assessment and intervention, advise on cultural and ethical considerations, and provide instructive case studies. A diverse palette of research-based and practice-based models meets monetary mental health issues with well-known treatment approaches, among them: Cognitive-behavioral and solution-focused therapies. Collaborative relationship models. Experiential approaches. Psychodynamic financial therapy. Feminist and humanistic approaches. Stages of change and motivational interviewing in financial therapy. A text that serves to introduce and define the field as well as plan for its future, Financial Therapy is an important investment for professionals in psychotherapy and counseling, family therapy, financial planning, and social policy. |
| financial advice for widows: The Widow's Financial Survival Guide Nancy Dunnan, 2003 Housing; insurance; spousal benefits; estate planning and more. |
| financial advice for widows: Before You Remarry H. Norman Wright, 1999-08-01 Norman Wright’s bestselling Before You Remarry has a dynamic new cover and has been updated to appeal to today’s couples. Drawing from the latest findings on adjustments in second marriages, well-known marriage and family counselor H. Norman Wright shares steps couples can take to make their marriages fulfilling and successful. Before You Remarry helps readers— make sure they’re ready for a new marriage discover the essentials for successful remarriages openly communicate personal and family needs establish realistic expectations for roles, responsibilities, and decision-making handle common problems in remarriage: past and present in-laws, merged families, money, sexual issues Through this insightful workbook, couples will explore major remarriage issues, develop open communication, and affirm their decision to remarry. An ideal resource book for ministers, counselors, couples’ study groups, and individual couples. |
| financial advice for widows: Modern Loss Rebecca Soffer, Gabrielle Birkner, 2018-01-23 Inspired by the website that the New York Times hailed as redefining mourning, this book is a fresh and irreverent examination into navigating grief and resilience in the age of social media, offering comfort and community for coping with the mess of loss through candid original essays from a variety of voices, accompanied by gorgeous two-color illustrations and wry infographics. At a time when we mourn public figures and national tragedies with hashtags, where intimate posts about loss go viral and we receive automated birthday reminders for dead friends, it’s clear we are navigating new terrain without a road map. Let’s face it: most of us have always had a difficult time talking about death and sharing our grief. We’re awkward and uncertain; we avoid, ignore, or even deny feelings of sadness; we offer platitudes; we send sympathy bouquets whittled out of fruit. Enter Rebecca Soffer and Gabrielle Birkner, who can help us do better. Each having lost parents as young adults, they co-founded Modern Loss, responding to a need to change the dialogue around the messy experience of grief. Now, in this wise and often funny book, they offer the insights of the Modern Loss community to help us cry, laugh, grieve, identify, and—above all—empathize. Soffer and Birkner, along with forty guest contributors including Lucy Kalanithi, singer Amanda Palmer, and CNN’s Brian Stelter, reveal their own stories on a wide range of topics including triggers, sex, secrets, and inheritance. Accompanied by beautiful hand-drawn illustrations and witty how to cartoons, each contribution provides a unique perspective on loss as well as a remarkable life-affirming message. Brutally honest and inspiring, Modern Loss invites us to talk intimately and humorously about grief, helping us confront the humanity (and mortality) we all share. Beginners welcome. |
| financial advice for widows: From Here to Financial Happiness Jonathan Clements, 2018-09-05 Just 77 days to a happier, more prosperous life! From Here to Financial Happiness is the day-by-day guide for anyone dreaming of a better life. Whether you’re dealing with debt, uncertain about retirement or simply want to get a grip on your finances, this book can put you on the road to happiness with a simple 11-week journey. Just 5-10 minutes a day to think about money, your habits, your goals, and your dreams. What steps can you take today to get your finances on track? What bad habits, bad investments, and misconceptions should you let go of? This book is packed with 77 days’ worth of real, actionable guidance for getting your money right—for good. It’s not an investment scheme, not extreme couponing, not something else to add to your daily to-do list. Instead, it’s about changing you—and the way you handle and think about money—so you can start building the life of your dreams. The next 11 weeks will be a revelation: Some days you’ll learn about finance, other days you’ll learn about yourself. Many days, you will be given a concrete list of things to do—right at that moment—to start steering your financial situation onto the right path. Learn how to stack the financial odds in your favor Amass savings for retirement, the children’s college or that next financial emergency Change your perspective on money and its role in your life Get your financial house in order—and keep it that way A better life is possible. You do have the power to change things for the better. From Here to Financial Happiness is your personal roadmap to financial freedom. |
| financial advice for widows: Ernst & Young's Personal Financial Planning Guide Ernst & Young LLP, Martin Nissenbaum, Barbara J. Raasch, Charles L. Ratner, 2004-10-06 If you want to take control of your financial future and unlock thedoors to financial success, you must have a plan that will allowyou to find good investments, reduce taxes, beat inflation, andproperly manage money. Whether you're new to financial planning or a seasoned veteran,this updated edition of Ernst & Young's Personal FinancialPlanning Guide provides valuable information and techniques you canuse to create and implement a consistent personalized financialplan. It also takes into consideration the new tax rules thataffect home ownership, saving for college, estate planning, andmany other aspects of your financial life. Filled with in-depth insight and financial planning advice, thisunique guide can help you: * Set goals * Build wealth * Manage your finances * Protect your assets * Plan your estate and investments It will also show you how to maintain a financial plan inconjunction with life events such as: * Getting married * Raising a family * Starting your own business * Aging parents * Planning for retirement Financial planning is a never-ending process, and with Ernst &Young's Personal Financial Planning Guide, you'll learn how totailor a plan to help you improve all aspects of your financiallife. |
| financial advice for widows: Sudden Money Susan Bradley, Mary Martin, 2000-04-20 From inheritances and divorce and insurance settlements to retirement payouts and the most recent phenomenon of stock options, the largest transfer of wealth in the history of America is now taking place. For some, this welcome event is relatively stress-free. But for those who are inexperienced in dealing with large sums of money, a windfall can be an overwhelming, even losing, situation. What is the difference between those who build on their financial gains and those who end up worse off than before? In this much-needed, one-of-a-kind book, top financial planner Susan Bradley gets to the heart of the matter by examining the emotional complexity of the windfall experience and how to manage it-and your newfound money-successfully. Whatever the sum involved, the impact of one's emotional state on the way money is handled--or mishandled--cannot be underestimated. In addition to the legal intricacies of receiving sudden money, the element of surprise that catches people unprepared also often leaves them there. Here, at last, is a type of owner's manual to sudden money that demystifies the process for recipients and their financial planners. Based on her work with countless clients, many of whose stories appear in this book, Bradley has developed a step-by-step program for moving safely through the three phases of building a solid financial foundation: Preparation and Planning Investing Monitoring, Giving, and Sharing Giving individual attention to each possible windfall event, Bradley addresses their distinct tax consequences, insurance and estate planning considerations, as well as the crucial emotional component. She also shares advice on how to put together the proper team of advisors, including an attorney and a therapist. When correctly handled, an unexpected windfall can provide expected benefits that will continue far beyond the lifetime of the initial recipient---and turn sudden money into lasting wealth. Turn Sudden Money into Lasting Wealth Maximize your wealth and minimize your stress and confusion with this unique, indispensable guide to handling a sudden financial windfall. Written by nationally recognized financial planner Susan Bradley, Sudden Money provides a complete program for successfully managing newfound wealth. Discover ways to: Stay calm and not make decisions based on your emotions Seek experienced, professional advice Avoid pressure from others Create and execute the best financial plan for you Most important, Sudden Money provides you with easy-to-implement, proven ways to ensure that your financial gains are more than fleeting good fortune. A 'must read' for financial advisors and for clients who have received financial windfalls. Susan Bradley has detailed--in an easy-to-apply way--a new financial planning discipline that is sure to become a vital part of discussions about the burgeoning wealth in this country. —Ronni Burns, Wall Street consultant This book is essential for anyone who receives a financial windfall. It's an easy read and packed with useful advice. —Don Phillips, CEO, Morningstar Reading this book is like having a trusted friend explain what to expect, what to do, and what not to do at a happy time that can also be overwhelming and stressful. This book has been extraordinarily helpful to me. —Marci Shimoff, coauthor, Chicken Soup for the Soul Women in particular are often ill prepared to manage a financial windfall. Without careful planning, it could turn into a pitfall. Susan Bradley's book is a sensible guide on how to handle instant wealth. —Jennifer Openshaw, CEO, WFN.com, Financial Network for Women |
| financial advice for widows: Money Confidence Kerry Hannon, 2017-10-31 The loss of a spouse or partner is traumatic and having to deal with money issues can be challenging. To rebuild your life, you need to get a grip on your finances as quickly as possible. That means figuring out your sources of income, devising a budget, and much more. Making the effort to learn about money will give you the knowledge and confidence to handle your own finances. Financial security is personal freedom. Money Confidence provides practical, can-do advice that covers the gamut from creating a budget that works to investing, where to turn for financial advice and estate planning. In addition, it will include a short tutorial on Kerry’s 3-part financial fitness plan: How to get financially, physically, and spiritually fit. These three steps are at the core of building a rich, independent life. Money Confidence provides divorced or widowed women with essential information that can transform their lives. This book should be viewed as a survival kit to help you protect the assets you have, pay the bills, organize your income, and help you navigate the grief with positive action steps through difficult transitions. |
| financial advice for widows: The Not Just a Widow Guidebook Patricia Desiderio, Douglas Robinson, 2020-11-04 Your husband died. Guess what? His death was just the beginning. This guidebook charts a path through the first two years (or so) of your journey. This is the worst experience of your life (probably). You don't have to figure everything out on your own. Written by a widow specifically for other widows - she's already walked that mile. Co-authored by a financial advisor who actually works with widows on a constant basis. This guidebook opens your eyes to the unique experiences of widowhood. It lets you know what questions to ask, what to be aware of, what needs to get done and when.Our guidebook reinforces the idea that you are woman with her own identity above and beyond being a widow. You are not just a widow. It will take time to redefine yourself. We think our guidebook can help you get there a little quicker with less stress. Welcome to the club no one wants to be a member of - the sisterhood of widows. The least we can do is try to make a tough time a little easier. |
| financial advice for widows: Lesbian Widows Victoria Whipple, 2014-04-23 The unseen issues of grief and discrimination—lesbians becoming widows The death of a life partner poses unique challenges for lesbians. Lesbian Widows: Invisible Grief reveals the touching and very personal stories of twenty-five women, including the author, who were widowed at a young age and forced to create a new life without their life partners. The book follows the widows from the time the couple met, to the time when one of the partners died, and beyond, to show how the surviving partner coped with her loss. Many lesbians feel that the intimacy felt between two women in love goes deeper than what can be experienced by heterosexual partners. Lesbian Widows: Invisible Grief reveals themes common to all these women’s experiences while offering practical advice about coping techniques and resources for support. The widows discuss their efforts to create funerals and memorial services, give their accounts of the overwhelming grief throughout the first two years, and explain the legal and financial discrimination they encountered. The author provides a chapter specifically for caring family and friends, another chapter for professionals working with this sensitive population, and a bibliography of helpful coping resources. Lesbian Widows: Invisible Grief explores the topics of: caregivers/caretaking death and dying grief journeys the similarities and differences between lesbian and married widows the lack of support services for lesbian widows the legal and financial discrimination against lesbian widows the effect of being “in” or “out” on grief recovery the issues faced by widows in starting new relationships spirituality gay marriage Lesbian Widows: Invisible Grief provides an insightful look into the grieving and recovery process, inspiring hope with the knowledge that others have survived this tragedy. This moving book is an essential resource for lesbians, friends and family of lesbians, mental health professionals, medical professionals, psychiatrists, LGBT health providers, feminist and lesbian organizations, and anyone involved with grief training programs such as hospice. |
| financial advice for widows: When Your Spouse Dies Cathleen L. Curry, 1990 This book deals with a variety of practical concerns for those who have lost their mates to death, including stages of grief for adults and children, mourning, loneliness, sexuality, networks of support, financial priorities and planning, good health practices, and healing. |
| financial advice for widows: How to Make Your Money Last - Completely Updated for Planning Today Jane Bryant Quinn, 2020-01-07 NOW COMPLETELY UPDATED to reflect the changes in tax legislation, health insurance, and the new investment realities. In this “highly valuable resource” (Publishers Weekly, starred review) Quinn “provides simple, straightforward” (The New York Times) solutions to the universal retirement dilemma—how to make your limited savings last for life—covering mortgages, social security, income investing, annuities, and more! Will you run out of money in your older age? That’s the biggest worry for people newly retired or planning to retire. Fortunately, you don’t have to plan in the dark. Jane Bryant Quinn tells you how to squeeze a higher income from all your assets—including your social security account (get every dollar you’re entitled to), a pension (discover whether a lump sum or a lifetime monthly income will pay you more), your home equity (sell, rent, or take a reverse mortgage?), savings (how to use them safely to raise your monthly income), retirement accounts (invest the money for growth in ways that let you sleep at night), and—critically—how much of your savings you can afford to spend every year without running out. There are easy ways to figure all this out. Who knew? Quinn also shows you how to evaluate your real risks. If you stick with super-safe investment choices, your money might not last and your lifestyle might erode. The same might be true if you rely on traditional income investments. Quinn rethinks the meaning of “income investing,” by combining reliable cash flow during the early years of your retirement with low-risk growth investments, to provide extra money for your later years. Odds are, you’ll live longer than you might imagine, meaning that your savings will stretch for many more years than you might have planned for. With the help of this book, you can turn those retirement funds into a “homemade” paycheck that will last for life. |
| financial advice for widows: Never Too Old to Get Rich Kerry E. Hannon, 2019-06-25 Start a successful business mid-life When you think of someone launching a start-up, the image of a twenty-something techie probably springs to mind. However, Gen Xers and Baby Boomers are just as likely to start businesses and reinvent themselves later in life. Never Too Old to Get Rich is an exciting roadmap for anyone age 50+ looking to be their own boss and launch their dream business. This book provides up-to-date resources and guidance for launching a business when you're 50+. There are snappy profiles of more than a dozen successful older entrepreneurs, describing their inspirational journeys launching businesses and nonprofits, followed by Q&A conversations, and pull-out boxes containing action steps. The author walks you through her three-part fitness program: guidelines for becoming financially fit, physically fit, and spiritually fit, before delving more deeply into how would-be entrepreneurs over 50 can succeed. • Describes how you can find capital to start your own business • Offers encouraging stories of real people who have become their own bosses and succeeded as entrepreneurs • Written by PBS Next Avenue’s entrepreneur expert, Kerry Hannon • Teaches you how to start your own business Never Too Old to Get Rich is the ideal book for older readers looking to pursue new business ventures later in life. |
| financial advice for widows: Making the Most of Your Money Now Jane Bryant Quinn, 2009-12-29 Named the best personal finance book on the market by Consumers Union, Jane Bryant Quinn's bestseller Making the Most of Your Money has been completely revised and updated to provide a guide to financial recovery, independence, and success in the new economy. Getting your financial life on track and keeping it there -- nothing is more important to your family and you. This proven, comprehensive guidebook steers you around the risks and helps you make smart and profitable decisions at every stage of your life. Are you single, married, or divorced? A parent with a paycheck or a parent at home? Getting your first job or well along in your career? Helping your kids in college or your parents in their older age? Planning for retirement? Already retired and worried about how to make your money last? You'll find ideas to help you build your financial security here. Jane Bryant Quinn answers more questions more completely than any other personal-finance author on the market today. You'll reach for this book again and again as your life changes and new financial decisions arise. Here are just a few of the important subjects she examines: • Setting priorities during and after a financial setback, and bouncing back • Getting the most out of a bank while avoiding fees • Credit card and debit card secrets that will save you money • Family matters -- talking money before marriage and mediating claims during divorce • Cutting the cost of student debt, and finding schools that will offer big merit scholarships to your child • The simplest ways of pulling yourself out of debt • Why it's so important to jump on the automatic-savings bandwagon • Buying a house, selling one, or trying to rent your home when buyers aren't around • Why credit scores are more important than ever, plus tips on keeping yours in the range most attractive to lenders • Investing made easy -- mutual funds that are tailor-made for your future retirement • What every investor needs to know about building wealth • How an investment policy helps you make wise decisions in any market • The essential tax-deferred retirement plans, from 401(k)s to Individual Retirement Accounts -- and how to manage them • How to invest in real estate at a bargain price (and how to spot something that looks like a bargain but isn't) • Eleven ways of keeping a steady income while you're retired, even after a stock market crash • Financial planning -- what it means, how you do it, and where to find good planners Page by page, Quinn leads you through the pros and cons of every decision, to help you make the choice that will suit you best. This is the single personal-finance book that no family should be without. |
| financial advice for widows: The Charles Schwab Guide to Finances After Fifty Carrie Schwab-Pomerantz, Joanne Cuthbertson, 2014-04-01 Here at last are the hard-to-find answers to the dizzying array of financial questions plaguing those who are age fifty and older. The financial world is more complex than ever, and people are struggling to make sense of it all. If you’re like most people moving into the phase of life where protecting—as well as growing-- assets is paramount, you’re faced with a number of financial puzzles. Maybe you’re struggling to get your kids through college without drawing down your life’s savings. Perhaps you sense your nest egg is at risk and want to move into safer investments. Maybe you’re contemplating downsizing to a smaller home, but aren’t sure of the financial implications. Possibly, medical expenses have become a bigger drain than you expected and you need help assessing options. Perhaps you’ll shortly be eligible for social security but want to optimize when and how to take it. Whatever your specific financial issue, one thing is certain—your range of choices is vast. As the financial world becomes increasingly complex, what you need is deeply researched advice from professionals whose credentials are impeccable and who prize clarity and straightforwardness over financial mumbo-jumbo. Carrie Schwab-Pomerantz and the Schwab team have been helping clients tackle their toughest money issues for decades. Through Carrie’s popular “Ask Carrie” columns, her leadership of the Charles Schwab Foundation, and her work across party lines through two White House administrations and with the President’s Advisory Council on Financial Capability, she has become one of America’s most trusted sources for financial advice. Here, Carrie will not only answer all the questions that keep you up at night, she’ll provide answers to many questions you haven’t considered but should. |
| financial advice for widows: Widow's Might Kim Knight, 2016-08-01 What happens when your husband dies unexpectedly in the prime of your life and marriage? In Widow’s Might, Kim Knight shares her experience when her husband suddenly and unexpectedly died at fifty-six years old. In one day, Kim went from planning her future with her best friend to planning a funeral, searching for passwords to online accounts, trying to return to normal when things were no longer normal, and finding God in the middle of trauma and grief. Widow’s Might is for young or middle-aged widows and those who love them. The book helps those who’ve experienced a tragic loss to better understand the confusing and unpredictable path of grief as well as the challenges and promise of new growth. Learning to embrace a life different from the one you imagined isn’t something you’re going to master by the end of year one, when your family and friends think you should, or when you hope you might. You can deeply embrace and honor your marriage to your late spouse and still find contentment, happiness, and maybe even love in the days ahead. Widow’s Might will give you the strength and wisdom to discover new life on the other side of death. Look toward what God has in store for you. And—every once in a while—spend the day in your pajamas and eat popcorn for dinner. It’s okay. |
| financial advice for widows: The Widower's Journey Herb Knoll, Ph D Deborah Carr, Robert Frick, 2018-08-23 As a bank executive, Herb Knoll was known as a man who could get the job done. But when Knoll lost his wife to cancer he found few resources that could help him recover. And the more he learned about the plight of widowers, from high suicide rates to physical and emotional problems, the more he became motivated to write a book with fellow widowers, for fellow widowers. Knoll's The Widower's Journey tackles tough questions and provides advice on many topics, including: how men can process grief keeping healthy during stressful times managing a career while coping with loss drawing strength from your faith reentering the dating world dealing with the issues that sex, dating, and marriage create parenting as a widower solving financial and legal problems preserving your late partner's memory for yourself and for family and friends Knoll breaks down barriers that block men in their journeys to recovery. He encourages men to seek out the fellowship of other widowers, and he provides resources that men need to move forward. He also identifies how society fails widowers, and spells out how institutions need to change so widowers can receive the support they deserve. |
| financial advice for widows: Widows Waiting to Wed? Michael J. Brien, 2001 |
| financial advice for widows: Money Magic Laurence Kotlikoff, 2022-01-04 Increase your spending power, enhance your standard of living, and achieve financial independence with this “must-read” guide to money management (Jane Bryant Quinn). Laurence Kotlikoff, one of our nation’s premier personal finance experts and coauthor of the New York Times bestseller Get What’s Yours: The Secrets to Maxing Out Your Social Security, harnesses the power of economics and advanced computation to deliver a host of spellbinding but simple money magic tricks that will transform your financial future.Each trick shares a basic ingredient for financial savvy based on economic common sense, not Wall Street snake oil. Money Magic offers a clear path to a richer, happier, and safer financial life. Whether you’re making education, career, marriage, lifestyle, housing, investment, retirement, or Social Security decisions, Kotlikoff provides a clear framework for readers of all ages and income levels to learn tricks like: How to choose a career to maximize your lifetime earnings (hint: you may want to consider picking up a plunger instead of a stethoscope). How to buy a superior education on the cheap and graduate debt-free. Why it’s smarter to cash out your IRA to pay off your mortgage. Why delaying retirement for two years can reap dividends and how to lower your average lifetime tax bracket. Money Magic’s most powerful act is transforming your financial thinking, explaining not just what to do, but why to do it. Get ready to discover the economics approach to financial planning—the fruit of a century’s worth of research by thousands of cloistered economic wizards whose now-accessible collective findings turn conventional financial advice on its head. Kotlikoff uses his soft heart, hard nose, dry wit, and flashing wand to cast a powerful spell, leaving you eager to accomplish what you formerly dreaded: financial planning. |
| financial advice for widows: Reclaiming Joy Ella Wall Prichard, 2018 Nearly a million women are widowed each year in the United States. Hardly anyone is prepared for the days, months, and years that follow the loss. New widows grieve, but they also battle psychological, spiritual, and social upheaval from all directions. From discovering a new identity to finding different ways to relate to old friends, life becomes unfamiliar. Practical changes--both legal and financial--are inevitable. Just as there's no simple prescription that makes grief disappear, there is no clear way to address all the challenges widows face. In Reclaiming Joy: A Primer for Widows, Ella Wall Prichard writes the book she needed, but could not find, after her husband died. She recounts her turn to the Apostle Paul's letter to the Philippians, a letter that features joy as a source of comfort and hope--and that shapes Reclaiming Joy. Prichard offers practical advice on how to achieve joy. Each chapter focuses on a different trait needed to move from grief to joy. The primary narrative arc is spiritual, even though stories of struggle, conflict, and loss are recurrent themes. Reclaiming Joy is part memoir, part guide, part inspiration. It captures the pain felt in the first years of widowhood in the move from grief to joy. It offers encouragement and advice to women who seek the strength to rebuild their lives and reclaim their joy. |
| financial advice for widows: Get What's Yours Laurence J. Kotlikoff, Philip Moeller, Paul Solman, 2015-02-17 Learn the secrets to maximizing your Social Security benefits and earn up to thousands of dollars more each year with expert advice that you can't get anywhere else. Want to know how to navigate the forbidding maze of Social Security and emerge with the highest possible benefits? You could try reading all 2,728 rules of the Social Security system (and the thousands of explanations of these rules), but Kotlikoff, Moeller, and Solman explain Social Security benefits in an easy to understand and user-friendly style. What you don't know can seriously hurt you: wrong decisions about which Social Security benefits to apply for cost some individual retirees tens of thousands of dollars in lost income every year. How many retirees or those nearing retirement know about such Social Security options as file and suspend (apply for benefits and then don't take them)? Or start stop start (start benefits, stop them, then re-start them)? Or-just as important-when and how to use these techniques? Get What's Yours covers the most frequent benefit scenarios faced by married retired couples, by divorced retirees, by widows and widowers, among others. It explains what to do if you're a retired parent of dependent children, disabled, or an eligible beneficiary who continues to work, and how to plan wisely before retirement. It addresses the tax consequences of your choices, as well as the financial implications for other investments. Many personal finance books briefly address Social Security, but none offers the thorough, authoritative, yet conversational analysis found here. You've paid all your working life for these benefits. Now, get what's yours. |
| financial advice for widows: Saturday Night Widows Becky Aikman, 2013-12-31 In this transcendent and infectiously wise memoir, Becky Aikman—a widow, too young, too modern to accept the role—forms an unlikely group with five other young widows, each seeking a way forward in a strange and disquieting world. A warm, witty, and compassionate guide on this journey, Aikman explores surprising new discoveries about how people are transformed by adversity, learning the value of new experiences, humor, and friendship. The Saturday Night Widows band together to bring these ideas to life, striking out on ever more far-flung adventures and navigating the universal perils of finding love and meaning. Theirs is a transporting true story of six marriages, six heartbreaks, and one shared beginning—an inspiring testament to what friends can achieve when they hold each other up. Saturday Night Widows is the rare book that will make you laugh, think, and remind yourself that despite the utter unpredictability and occasional tragedy of life, it is also precious, fragile, and often more joyous than we recognize. Now with Extra Libris material, including a reader’s guide and bonus content |
| financial advice for widows: Navigating Loss Donna Marie Todd, 2020-05 Leadership is everyone's business! Everyone must function as a leader at some time and in some arena--whether in an organization, an agency, a task force, a committee, a community group, or even a family setting--and everyone can learn to lead effectively. The Leadership Practices Inventory (LPI) will show you how! Use the LPI: Observer to get feedback from your colleagues and/or supervisors on your use of the five leadership practices: challenging the process, inspiring a shared vision, enabling others to act, modeling the way, and encouraging the heart. |
| financial advice for widows: Spousal Bereavement in Late Life Deborah S. Carr, PhD, Randolph M. Nesse, MD, Camille B. Wortman, PhD, 2005-11-08 This volume provides insightful analysis and theoretical interpretation of factors that contribute to a range of adjustment patterns among bereaved persons in late life. It places the experience of widowhood in late life squarely within the context of contemporary society and explores a remarkable range of associated issues. The volume is destined to become a classic; it will set the standard for future empirical investigation of the experience of bereavement among older adults. For Further Information on the CLOC Study, Please Click on CLOC |
Yahoo Finance - Stock Market Live, Quotes, Business & Finance …
Encouraging economic data has boosted market hopes for Fed rate cuts, but policymakers remain cautious. Trump's tariff timeout is almost up. Here's what could happen next.
Stock Market Prices, Real-time Quotes & Business News - Google
Google Finance provides real-time market quotes, international exchanges, up-to-date financial news, and analytics to help you make more informed trading and investment decisions.
Home Page - APG Federal Credit Union
APGFCU offers checking, savings, loans, and business banking services in Maryland to help you achieve your financial goals.
Stock Markets, Business News, Financials, Earnings - CNBC
Global Business and Financial News, Stock Quotes, and Market Data and Analysis. CNBC is the world leader in business news and real-time financial market coverage. Find fast, actionable...
MarketWatch: Stock Market News - Financial News
Americans spend $10 billion more on Mother’s Day than Father’s Day. What’s going on? So your company offered you a buyout. Should you take it? Here’s what to know. Hate paying so much …
Home - First Financial Federal Credit Union
Since 1953, First Financial Federal Credit Union has been strengthening the community through volunteering, donations, and financial education. Banking made easy. We’re your partner in …
Magnum Advisors - CPA Financial Services
Trust Magnum Advisors for expert financial services. Our CPAs offer personal and business tax solutions for connection, clarity, and confidence.
Financial Times
Planning your retirement? ChatGPT can help with that.
Branch Locations Near You - OneMain Financial
Find the closest OneMain Financial branch near you to talk to a real person. Get branch hours, directions, and phone numbers for our over 1,500 locations today.
Fidelity Investments - Retirement Plans, Investing, Brokerage, …
Manage your own investments (stocks, ETFs, mutual funds, CDs, and more), with help from our free resources. With a Fidelity Roth IRA, you get the flexibility to save for retirement, while …
Yahoo Finance - Stock Market Live, Quotes, Business & Finance …
Encouraging economic data has boosted market hopes for Fed rate cuts, but policymakers remain cautious. Trump's tariff timeout is almost up. Here's what could happen next.
Stock Market Prices, Real-time Quotes & Business News - Google
Google Finance provides real-time market quotes, international exchanges, up-to-date financial news, and analytics to help you make more informed trading and investment decisions.
Home Page - APG Federal Credit Union
APGFCU offers checking, savings, loans, and business banking services in Maryland to help you achieve your financial goals.
Stock Markets, Business News, Financials, Earnings - CNBC
Global Business and Financial News, Stock Quotes, and Market Data and Analysis. CNBC is the world leader in business news and real-time financial market coverage. Find fast, actionable...
MarketWatch: Stock Market News - Financial News
Americans spend $10 billion more on Mother’s Day than Father’s Day. What’s going on? So your company offered you a buyout. Should you take it? Here’s what to know. Hate paying so much …
Home - First Financial Federal Credit Union
Since 1953, First Financial Federal Credit Union has been strengthening the community through volunteering, donations, and financial education. Banking made easy. We’re your partner in …
Magnum Advisors - CPA Financial Services
Trust Magnum Advisors for expert financial services. Our CPAs offer personal and business tax solutions for connection, clarity, and confidence.
Financial Times
Planning your retirement? ChatGPT can help with that.
Branch Locations Near You - OneMain Financial
Find the closest OneMain Financial branch near you to talk to a real person. Get branch hours, directions, and phone numbers for our over 1,500 locations today.
Fidelity Investments - Retirement Plans, Investing, Brokerage, …
Manage your own investments (stocks, ETFs, mutual funds, CDs, and more), with help from our free resources. With a Fidelity Roth IRA, you get the flexibility to save for retirement, while …
