Season 2

How to downsize your home and reduce financial stress

Episode Notes

If you’re thinking about moving to a smaller home, you may want to begin this process by figuring out what you need to keep and what you can get rid of. In this episode, David Ekerdt, a sociology professor at Kansas University and author of Downsizing: Confronting our Possessions in Later Life, reveals that many older people find this process to be a major source of tension and emotional duress, especially if they have a short timeframe for getting rid of things. Often their children and grandchildren aren’t interested in taking their china, silverware or furniture. Or no wants to buy the collectibles and artwork they thought would bring in a small fortune. Or the charities they’d like to donate things to are overly picky. A process that they thought would be done quickly can sometimes takes months. To lessen this stress, parents should invite their children to either “claim” or take items they want long before they plan to move to a different location. The earlier they shed the things they no longer need, the less they’ll have to deal with later on.

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Season 7
Why Women are Leading Sustainable Investing

Show Episode Notes

In this episode, Pam, Terry and Richard discuss the pros and cons of socially responsible investing, whose increasing popularity is being driven mainly by women. In particular, they examine whether women sacrifice returns by investing in stocks or ESG funds that align with their personal values. The answer may surprise you.

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Season 7
5 Tips for 401(k) Rollovers

Show Episode Notes

Directly rolling over a 401(k) plan to an IRA with a custodian like Fidelity, Schwab or Vanguard is something most people should do as soon as possible after they retire. Why? Because most 401(k) plan investment options are designed for people saving for retirement, rather than for those who need their nest egg to generate income to help pay for everyday expenses. Rollover IRAs offer access to a wider variety of investment options, many of which may have lower expenses than the funds in your 401(k) account. But since you may need money in your IRA to last 20 years or more, you may not feel confident making your own investment decisions. A low-cost robo-advisor can automatically invest your rollover IRA money but won’t be able to answer your questions or address your concerns. That’s why it may be worth paying more for the services of a fee-only fiduciary financial advisor. They not only can manage your investments but can come up with a comprehensive plan to address the financial opportunities and challenges you may face during retirement. 

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Show Episode Notes

Podcast Hosts

Pam Krueger

Pam Krueger

Terry Savage

Terry Savage

Richard-Eisenberg

Richard Eisenberg

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