Women often become guardians of family wealth. Many women outlive their spouses, and have the opportunity to have the “final say” (from an estate planning standpoint) about the wealth they have built or inherited. Legacy planning is essential for single women and couples, too, as one or two successful careers may leave a woman or…

HOUSEHOLDS BOOST THEIR SPENDING August saw a 0.3% gain in personal spending, and the Commerce Department also noted a 0.4% rise in personal income – the largest monthly increase since February. Consumer spending accounts for about 70% of GDP, and analysts widely expect about 2% growth in Q3; Q2 growth was pegged at 2.5% last…

What financial, business or life priorities do you need to address for 2014? Now is a good time to think about the money moves — investing, saving or budgeting methods — you could employ toward specific objectives. Some year-end financial moves may prove crucial to the pursuit of those goals as well. What can you…

The case for working past 65. Increasingly, when baby boomers are looking at retirement planning, they are urged to work until full retirement age or beyond. (Social Security defines “full” retirement age as 66 for those born from 1943-1954; it incrementally rises to 67 for those born in 1960 or later). If your health and…

Health care reform has many fans and many detractors. Amid all the sound and fury, the plain facts risk being blurred. So here is a look at where the reforms stand, and what they potentially offer you. Here is how the health care exchanges will operate. According to healthcare.gov, open enrollment in the new health…

NO TAPERING YET…BUT COULD IT HAPPEN SOON? The DJIA hit an all-time high Wednesday after the Federal Reserve decided not to reduce its $85 billion monthly stimulus effort. Friday, the index lost 185 points on the heels of comments from St. Louis Fed President James Bullard (who said that QE3 could be tapered next month)…

Want to be on TV? I’m involved with Core Media Group (http://www.coremediagroup.com)—the company responsible for American Idol and others. They are putting a documentary style show on a major network channel about people who come into wealth overnight. It is not a “reality” show, but more of a documentary format. They are working with me because, as…

If you are leaving your employer, everyone knows that you have the option of doing a 401k rollover into an IRA. But did you know you actually have three 401(k) rollover options? 3 Smart 401k Rollover Options: 401k rollover to an IRA. This is the most common and well known, thanks in part to Fidelity’s…

It can happen all of a sudden. Money that may or may not be expected comes to you overnight. But just what is sudden wealth? There’s gradual money and there’s money that comes suddenly. Most of us are used to gradual money—earning an income and building a nest egg over time. It’s a slow and…

Having worked with lottery winners and being recognized as a national expert on sudden wealth, I have financial advice for lottery winners. But first . . . congratulations on your win! As you’ve probably realized, nothing could have prepared you for the rush of emotions and adrenaline. [Read about our Sudden Wealth Lottery Winners Services]…