Comments on: What Every Woman Needs to Know about Retirement

By: Kalyn Brooke

Kalyn Brooke — Wed, 26 May 2021 18:06:27 +0000

In reply to Liz. It sounds like you played all your cards perfectly! That's awesome that you could retire so soon. Thanks so much for sharing!

By: Liz

Liz — Wed, 26 May 2021 11:45:54 +0000

As a single woman until my late 30s & with a wide dad, I always paid into my company pensions to ensure I got the maximum employer contributions. From the UK & over past 12 years I have really managed my own investments in a SIPP.
Ask any of my friends and I am a complete pension bore as a retirement income brings freedom & options that are key at that stage of life. 52 now & could probably retire at 55 but want to carry on working while I can. Best advice is to start early, even with a little each month (£50k) as if paying tax you will get tax relief on this amount. Compound interest is your friend. & take some risk & interest in where you invest, do not leave to a pension provider default fund. Even when retire if stay invested you may still have decades of investment growth!

By: My Favorite Books of 2020 | Rachelle Rea Cobb

My Favorite Books of 2020 | Rachelle Rea Cobb — Sat, 09 Jan 2021 21:11:24 +0000

[…] by a good friend of mine who I trust with all my budgeting questions, this book approached planning for retirement (such a […]

By: Kalyn Brooke

Kalyn Brooke — Mon, 25 May 2020 21:17:32 +0000

In reply to Renada.

Thanks for your kind reply, Renada. I think it’s so easy in our world today to jump to labels just because something doesn’t fit into our personal experience. Thank you for sharing the real life examples of what you have seen as well on how even the 2020 woman isn’t always financially aware.

Of course there are men who aren’t prepared for retirement either, but my audience is geared toward women, so my message is always framed with that in mind.

By: Renada

Renada — Mon, 25 May 2020 03:00:41 +0000

This is NOT sexist. I work for the federal government and at least once a day, I encounter a woman who knows nothing about her finances. One would think that it’s just older women – but it’s not a generational thing. Even though it is 2020, there are a lot of women who are intimidated, fearful or just uneducated about money.

By: Living in 2018

Living in 2018 — Thu, 22 Feb 2018 10:31:49 +0000

Ummm. Is this for real? Women ignore retirement because their husbands have it covered? Seems a bit old fashioned. I know of no woman of my generation who ignores her families finances, both current and future. This article is sexist. Everyone should care about retirement. Obviously.

By: Kalyn Brooke

Kalyn Brooke — Tue, 16 Jun 2015 18:17:37 +0000

In reply to Judie. Thanks so much for sharing your story, Judie! You are such an inspiration for those of us who are still saving for retirement. I hope to have at least that much put away when I retire!

By: Judie

Judie — Tue, 16 Jun 2015 04:14:07 +0000

I just retired.
I was a member of the national guard for 21 years.
I taught for 25 years in the public school system.
As of last week I will be making (within. $150) the same monthly that I did just before retirement.
In a couple of years I will be old enough for social security. That will actually be a raise.
I have savings of over $200,000 in IRAs, Money markets, and district retirement savings.
I might teach part time online if I want something interesting to do.
I raised a family of four.and because of my degree/qualifications I always earned than mu spouse. I paid off a home. I own my car free and clear.
I put money away every paycheck, and though I still worry about growing old and being poor, today I feel comfortable.
It takes work, but looking back at all I did I realize I made good choices.
So, save every day and you will get there. Good luck!!

By: Verna

Verna — Tue, 26 May 2015 20:34:04 +0000

The number one thing any person who is getting ready or allready retired should NOT do is financially take care of their kids. Their kids should be on their own financially.

By: Kat

Kat — Sat, 10 Jan 2015 21:35:44 +0000

Very thankful my Mom always stressed the importance of working for good companies with benefits and the importance of saving. I retired this year at age 59, started taking my pension another will start at 65 SS at 66 and a healthy 401k as fallback. Good luck everyone – SAVE