This is the second of three podcasts with Sally Balch Hurme, an estate planning elder law attorney and author...
Blog
Questions? (570) 498-1635 lynn@lynnsevans.com
Episode 51 on Power of the Purse is with Claire Hillier, the Managing Director of Commercial Lending at Borro....
A topic that is really important to baby boomer women is caregiving. Whether it be caregiving to elderly parents...
A Grey Divorce May Affect Retirement Plans
Lynn Evans, , Client Profiles, Divorce, Retirement Income Planning, divorce, financial advisors, financial independence, Financial Life Planning, financial security, Gray Divorce, Grey Divorce, managing money, maximize retirement, money, planning for retirement, 0It is usually an uncomfortable situation, to say the least, to settle a divorce amicably, let alone, fairly. That...
Tips to Free Your Time and Simplify Your Life
Lynn Evans, , Client Profiles, financial planner, free your time, Investment, simplify your life, 1At this busy time of year, we are all pressed above and beyond the norm to get it all...
How to Eliminate the Fear of Retirement
Lynn Evans, , Client Profiles, The New Retirementality, 55 and over communities, fulfilling retirement, money, plan your life in retirement, retirement, volunteer, 0Very few of us Baby Boomers approach retirement with the same definition of our parents’ generation. We are rarely...
Is a 55-and-over Community the Key to Retirement Happiness?
Lynn Evans, , Client Profiles, Retirement Income Planning, The New Retirementality, 55 and over communities, 55 and over community, bucket list, retirement, social security, 0Why do some people look forward to retirement and others dread it? Since the advent of Social Security, our...
What Does It Take To Be Happy In Retirement?
Lynn Evans, , Client Profiles, Retirement Income Planning, downsizing, Happy Retirement, retirement, 0Being with family over the holidays is always a time to reflect on the lives of those who passed...
Do you have to choose between having children or a comfortable retirement?
Lynn Evans, , Client Profiles, Financial Life Planning, Uncategorized, baby boomer, balanced life, investments, maximize retirement, parent, planning for retirement, work-life balance, 0She chose not to have children and defended it as a conscious decision. She passed up two marriage proposals...
Don’t Want to Be a Burden to your Children? Start Planning Now.
Lynn Evans, , Client Profiles, Financial Life Planning, Retirement Income Planning, assisted living, being a burden to children, financial arrangements, nursing facility, retirement communities, retirment, 0Outliving your money? Bingo. Having to move to a skilled nursing facility? Bingo. Losing my freedom by turning in...
Social Security “File & Suspend” Strategy Ends in April 2016
Lynn Evans, , Client Profiles, Retirement Income Planning, Bipartisan Budget Act of 2015, File and Suspend Strategy, managing money, retirement, social security, 0The passage of the newest Federal Budget is causing some rapid responses by those who might be considering a...
Why You May Need Long Term Care Insurance
Lynn Evans, , Client Profiles, Demenitia, financial advisors, financial independence, insurance companies, long-term care insurance, managing money, NEFCI, senility, 0Recently I read an article written by an insurance agent regarding the loss of long term care insurance by...
How to Get Financially Prepared
Lynn Evans, , Financial Life Planning, Money Conversations, financially prepared, learn about money, manage your money, money, mortgage, 0Obviously no one can predict when a life event will occur: divorce, death of a spouse, forced retirement, or...
Women Physicians Need to Create More Wealth
Lynn Evans, , Client Profiles, 401K, doctors, managing money, mutual funds, personal finance risk, physicians, wealth, women, Women need to understand risk when it comes to personal finance, women physicians, women physicians and money, 0Why is it that women physicians lack the ability to create as much wealth as their male counterparts? Some...
How to Maximize Your 401K and Investments
Lynn Evans, , Financial Life Planning, Money Conversations, Power of the Purse, Retirement Income Planning, 401K, amazon.com, baby boomer, financial advisors, Financial Life Planning, managing money, maximize retirement, Power of the Purse, retirement plans, women, 1What Our Mothers Taught Us About Money As I reflect on the time I was teenager, I remember the...
Women Physicians Still Earn Less Than Their Male Counterparts
Lynn Evans, , Choosing a Financial Planner, Financial Life Planning, Retirement Income Planning, 401K, doctors, fee-only financial planner, Financial Life Planning, managing money, Medscape, physician, planning for retirement, retirement, women, 0A recent study by Medscape showed us the sad facts: women physicians in general medicine as well as those...
Financial Planning Advice for Wives and Widows
Lynn Evans, , Choosing a Financial Planner, Client Profiles, Financial Life Planning, Widow, best financial planners, financial advisors, Financial Life Planning, financial planner, managing money, money decisions, widow, women, 0Why do wives leave their husband’s financial planner when they are widowed? Maybe because he never paid any attention to...
Retirement and Encore Careers
Lynn Evans, , Client Profiles, The New Retirementality, baby boomer, employment, maximize retirement, planning for retirement, retirement, Volunteering, when to retire, working, 0The time is running out to make the decision to retire or not yet. And you have all your...
Don’t Sell! The Stock Market Will Recover.
Lynn Evans, , Investment News, Bear Market, bull market, correction, overvalued, stock market, Stock Market Crash, 0Is the Sky Falling? How do you stay calm when all the financial news tells you to run for...
The Importance of Life Insurance If Your Spouse Dies Post-Retirement
Lynn Evans, , Client Profiles, Financial Life Planning, Retirement Income Planning, Widow, 401K, death of a spouse, financial reality, IRA, life insurance, managing money, mortgage, nursing home costs, retirement, social security, social security income, 0I was having a conversation with a co-worker last week in regards to the planning we do for those...
Tips to Boost Your Retirement Savings
Lynn Evans, , Client Profiles, Financial Life Planning, Retirement Income Planning, Uncategorized, Financial Life Planning, managing money, planning for retirement, retirement, social security, when to retire, 0Why Does The Thought of Retirement Hurt So Much? It is the ugly monster we don’t want to deal...
Women Are Better Investors
Lynn Evans, , Client Profiles, Money Conversations, 401K, Beardstown Ladies Investment Club, dividends, Fidelity Magellan Fund, Investment, Investment Club, Peter Lynch, 0Women are supposed to be very conservative and very thrifty. That’s the model from our mother’s generation. Accounted for...
Valuing the Client’s Values
Lynn Evans, , Choosing a Financial Planner, Client Profiles, alternative lifestyle, client, clients, discrimination, divorce, financial planner, Financial Planning, LGBT, money, transgendered, 0How do a financial planner’s values affect the decisions they make as an advisor? This past week I presented...
Is Remarrying Worth It For the Boomer Generation?
Lynn Evans, , Client Profiles, Power of the Purse, The New Retirementality, baby boomer, baby boomer women, financial independence, marriage, marriage as a senior, married in retirement, Power of the Purse, remarry, retirement, single in retirement, 0In the past few weeks, I have had conversations with women my age who are caught in a...
Afraid of Becoming a Bag Lady?
Lynn Evans, , Client Profiles, Financial Life Planning, Retirement Income Planning, 401K, Additional INcome, baby boomer, baby boomer women, Bag Lady, fear of being alone, money, retirement, webinar, work part-time, 0The number one fear of most middle aged and retired women is NOT being a bag lady, but being...
What Kind of Life Will You Live in Retirement?
Lynn Evans, , Choosing a Financial Planner, Financial Life Planning, Retirement Income Planning, The New Retirementality, best time to retire, Financial Life Planning, financial reality, fulfilling retirement, maximize retirement, planning for retirement, retirement, 0Most people think retirement planning has to do with having enough money to continue their current lifestyle through to...
When to take Social Security Benefits
Lynn Evans, , Financial Life Planning, Retirement Income Planning, The New Retirementality, 401K, annuities, assets, life insurance, pensions, personal investment accounts, personal investments, retirement, social security, TIAA-CREF, 0One of the most common questions I am asked in retirement planning, is “When do I start to take...
The Shift in Medicine
Lynn Evans, , Client Profiles, AMWA, debt, female medical students, medical school debt, non-traditional female avenues, senior women physicians, specialty medicine, what influences female medical students decisions, 0I recently returned from the AMWA Centennial Conference in Chicago with women physicians. Many of the senior women were those...
Factoring Accurate Health Care Costs Into Your Retirement Plan
Lynn Evans, , Client Profiles, Financial Life Planning, Retirement Income Planning, age 65, Health Care Costs, living expenses, long-term care insurance, Medical Costs, medicare, monthly premiums, retirement, Retirement Planning, 0When looking at your readiness for retirement, don’t forget to consider the increased costs of health care. Most of...
Helping Doctors Manage Their Money
Lynn Evans, , Client Profiles, Retirement Income Planning, AMWA, AMWA Centennial Conference, AMWA Senior Breakfast, baby boomer, doctors, doctors managing money, financial planner, retirement, women, 0Julie is a 55 year-old surgeon who has been divorced twice and never getting married again. Or so she...
Retirement and Living the Good Life
Lynn Evans, , Client Profiles, Retirement Income Planning, The New Retirementality, annuities, baby boomer, financial advisors, fulfilling retirement, life insurance, retirement, Retirement and Living the Good Life, 0It seems more attention is being paid by the larger insurance and annuity companies to express concern over what...
Doctors in Bankruptcy
Lynn Evans, , Client Profiles, bankruptcy, business of medicine, doctors, doctors in bankruptcy, physicians, retirement, 0Yeah, it happens. Most people can’t imagine the “wealthy doctors” being in a situation where they need to declare...
Below is an excerpt from the first chapter, Mother’s Truth from my book, Power of the Purse: Fear-Free Finances...
Consumer Watchdog: Forty Fort retiree stunned by CCO Investment Services’ hefty Transamerica variable annuity fees
Lynn Evans, , Choosing a Financial Planner, Client Profiles, Retirement Income Planning, annuity, CCO Investment Services, Christine Young, citizens bank, Citizens Financial Group, fee-only financial advisors, IRA, Lynn Evans, National Association of Personal Financial Advisers, Northeastern Financial Consultants, retirement, systematic withdrawal, Timesleader.com, transamerica, variable annuity, 0Originally posted January 10, 2015 by Christine Young, Consumer Watchdog in the Times Leader Three years ago, Barbara Dymond, then 72,...
Why I Became a Certified Financial Planner
Lynn Evans, , Client Profiles, Money Conversations, Power of the Purse, amazon.com, certified financial planner, cfp, finance education, financial conversations, Power of the Purse, 0I am sure there are those who wonder why I ever got into this business. What is it that...
What Comes Before the Baby Boomer Generation?
Lynn Evans, , Client Profiles, Financial Life Planning, Power of the Purse, baby boomer, baby boomers, Financial Life Planning, managing money, Power of the Purse, The Laurie and Lynn Show, WILK News Radio, women, 0Recently during a regularly scheduled evening call with my mother, we got into discussing my book, Power of the...
How Did We Do Over The Holidays?
Lynn Evans, , Money Conversations, budget, Christmas Club, Credit Cards, gifts, 0So now the credit card statements are coming in and the surprises show up. What is that charge for?...
Baby Boomer Women Need Applaud
Lynn Evans, , Power of the Purse, accomplishment, amazon.com, baby boomer, baby boomer women, Power of the Purse, Power of the Purse: Fear-Free Finances for Baby Boomer Women, Success, women, 4As the day goes by, I am enmeshed by the minutiae all around me, the calls to be returned,...
When I consider all the things I am thankful for at this time of year, it occurs to me...
The Role of the Daughter, Wife and Mother
Lynn Evans, , Financial Life Planning, family roles, friendship, life stages, life transitions, Power of the Purse, roles, women, 0It occurred to me while I was enjoying my turkey dinner last week, that my role as daughter to...
Of late, I have seen so many Facebook posts and LinkedIn comments regarding the secret to happiness being gratitude...
Read It & Reap: Power of the Purse, Fear-Free Finances for Baby Boomer Women is HERE!
Lynn Evans, , Power of the Purse, Amazon, divorce, Fear-Free Finances for Baby Boomer Women, Financial Life Planning, financial reality, managing money, Power of the Purse, women, 4As we tidy up the last pieces of the book creation, it is my deepest honor to declare it...
Guessing About Your Retirement
Lynn Evans, , Retirement Income Planning, 4013b, 401K, assets, defined benefit, defined contribution, financial advisors, planning for retirement, retirement, 0There are many commercials on TV recently about the importance of determining what your “number” is and if your...
The Value of Time
Lynn Evans, , Client Profiles, Financial Life Planning, finances, Financial Life Planning, managing money, money lady, peace of mind, retirement, time, 0I was reading some posts on Facebook, a sponsored link, about an app that helps us manage our time...
No Time to Deal With It?
Lynn Evans, , Choosing a Financial Planner, Client Profiles, Financial Life Planning, financial advisors, managing money, money lady, women, 0The most common complaint I hear from accomplished women when it comes to their miserable relationship with money is,...
How to Get Rid of that Scary Feeling in Retirement
Lynn Evans, , Client Profiles, The New Retirementality, daily routine, employment, planning for retirement, retirement, 0When faced with the reality of impending retirement, most Baby Boomers would rather sit in a dentist’s chair than...
Are You Reluctant to Talk About Death & Money?
Lynn Evans, , Financial Life Planning, Retirement Income Planning, Widow, assets, death, financial advisors, Financial Life Planning, insurance, life insurance, managing money, 0September being National Insurance Awareness Month raises some often-ignored but important conversations. Nobody likes to talk about their own...
Those Voices in Your Head
Lynn Evans, , Client Profiles, baby boomer, financial reality, managing money, money guilt, need vs. want, saving money, Woolworth's, 0You know those ratty little voices that constantly tell you when your behavior will have dire consequences and at...
Is Your Retirement Planning Just About The Money?
Lynn Evans, , Financial Life Planning, Retirement Income Planning, Financial Life Planning, fulfilling retirement, planning for retirement, retirement, 0Talking to a friend the other day, he reminded me that so many people in the business of retirement...
Why Do I Need an Emergency Fund?
Lynn Evans, , Financial Life Planning, emergency fund, home line of credit, peace of mind, principal, 0Life happens. And then you need a big chunk of money to pay a dental bill, a car repair...
Good News for Same Sex Married Couples
Lynn Evans, , Client Profiles, civil union, Defense of Marriage Act, DOMA, IRS, same sex marriage, social security, tax refunds, taxes, 0So far we’ve been hearing about the less-than complimentary responses to those who are trying to get married and...
What Can You Teach Your Daughter About Money?
Lynn Evans, , Client Profiles, Money Conversations, daughters, managing money, money, Money Circles, money conversations, money ignorance, mothers, women, 0Research tells us we have formed our habits and values around money by the time we are 12 years...
Women in Leadership
Lynn Evans, , Investment News, Barclays, Hillary Clinton, On State Newspaper, Sandy Barbour, women, Women in Leadership, 1I recently read an article about this year’s list of Barclay’s Women in Leadership Total Return Index and wondered...
Where’s the Money Coming From?
Lynn Evans, , Investment News, consumerism, financial reality, medicare, Politics, retirement, securities, social security, stock market, student debt, student loans, 0If we send more money to other parts of the world to fight for their freedom, and keep our...
How to Redefine Your Identity When You Retire
Lynn Evans, , Client Profiles, The New Retirementality, aging, fulfilling retirement, redefine yourself, redefining your career, retirement, Third Life Stage, 0I was talking to a client recently about the fears she had with taking that big step to retirement. ...
When Should We Be Worried About the Stock Market Boom?
Lynn Evans, , Investment News, Money Conversations, asset allocation, bull market, interest rates, investment risk profile, low interest rates, stock market, 0Many people are getting worried about the new record highs in the stock market. As I write this, the...
Will You Work for a Few Years Longer or Retire with Less?
Lynn Evans, , Client Profiles, Retirement Income Planning, The New Retirementality, best time to retire, death, Financial Life Planning, money conversations, retirement, social security, 0Recently a friend on Facebook posted some reflections on the death of a relatively young friend. He reminded himself...
How Long Should I Keep My Life Insurance?
Lynn Evans, , Financial Life Planning, Retirement Income Planning, life insurance, life insurance cash value, life insurance premiums, retirement, 0We often see clients who are certain when they come in to see us they can eliminate one very...
How Many People Does It Take to Do A Divorce?
Lynn Evans, , Client Profiles, Divorce, divorce, divorce attorney, divorce lawyer, family lawyer, financial advisors, financial rules, managing money, 0More than one would think. The first step is a good divorce attorney, usually called a family law lawyer. ...
Is a Safe or a Stable Retirement Plan The Best Plan?
Lynn Evans, , Client Profiles, Retirement Income Planning, assets, financial independence, financial reality, managing money, maximize retirement, retirement, retirement income, social security, 0Clients often ask us to design an investment platform which is “safe” for the purpose of guaranteeing their income...
What Kind of Life Do I Want in Retirement?
Lynn Evans, , Retirement Income Planning, The New Retirementality, best time to retire, fulfilling retirement, maximize retirement, retirement, Third Life Stage, 1We often hear of retirement as an economic event – how much do I need to pay the bills...
Knowledge Is Power
Lynn Evans, , Client Profiles, Money Conversations, divorce, financial reality, money, money ignorance, understanding money, women, 2Several times I have heard women say, “I don’t understand money and I doubt I ever will!” Until they...
Why Women Need More Confidence
Lynn Evans, , Client Profiles, Claire Shipman, Confidence Code, Confident Women, perfection, women, 1I recently listened to an interview on Laura Ingraham’s talk show. At first I was disturbed by the content...
Talking About Money
Lynn Evans, , Client Profiles, Money Conversations, April is Financial Literacy Month, divorce, Financial Literacy, Financial Literacy Month, managing money, money, money conversations, money management skills, talk about money, widows, women, 2I often wonder how many lives would have been changed for the better if mothers talked to their daughters...
What Marketing Message Do Financial Planners Give to Women?
Lynn Evans, , Choosing a Financial Planner, Client Profiles, Uncategorized, best financial planners, Financial Planners for Women, Marketing to Women, women, 2If you went to a website and saw a woman staring back at you, without the usual “Firm” picture,...
Single Women and Retirement
Lynn Evans, , Client Profiles, Retirement Income Planning, The New Retirementality, assisted living, Bank Trust Department, financial obligations, managing money, POA, Power of Attorney, retirement, women, 0Let’s not forget the women who are childless when they retire! Most all assumptions put women as widows at...
Ladies, Let’s Talk About Money
Lynn Evans, , Choosing a Financial Planner, Client Profiles, Financial Life Planning, Money Conversations, Retirement Income Planning, financial education, financial independence, managing money, Money Circles, money conversations, money ignorance, women, 0Despite the prestigious academic degrees, the breadth of life experiences, and the promotions to the C-Suite, women are still...
Why Do We Want To Retire?
Lynn Evans, , Client Profiles, Financial Life Planning, career counselor, Financial Life Planning, life coach, mooch munch, retirement, Third Life Stage, Volunteering, 0It would seem we are all in a rush to get out of the rat race and not have...
What’s the Secret to Baby Boomer Retirement Worries?
Lynn Evans, , Client Profiles, Retirement Income Planning, The New Retirementality, assets, fee only financial planners, financial advisors, managing money, retirement, 0If we knew the day we would die, planning for never outliving your money would be really easy. But...
What Do I Do When I Retire?
Lynn Evans, , Client Profiles, Financial Life Planning, Retirement Income Planning, 3The part about how much money will I need and will it sustain my lifestyle indefinitely is really the...
Money Conversations
Lynn Evans, , Client Profiles, Money Conversations, financial reality, managing money, money conversations, women, young women, 0Did you and a friend ever have a conversation about money? Probably not. It’s still one of those subjects...
Purses or Shoes?
Lynn Evans, , Client Profiles, best financial planners, financial reality, Investment, managing money, money, 0If you have an extra couple bucks to spare, would you spend it to buy a purse or buy...
This is the third of three podcasts with Sally, on the topic of survivor planning. Episode 53 on Power...
Archives
- December 2017
- November 2017
- October 2017
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- September 2013
- August 2013
- July 2013
- June 2012