The Her Retirement Podcast

Hello and welcome to this week's episode of the Her Retirement podcast. My question for this week is, What's Better Than Bonds? Sounds kind of like the start of a knock knock joke. But it's no joke. Bonds have historically played the safety role in your traditional portfolios. However, bonds are basically a bust these days. But, what's the alternative? Can you still have a protection strategy that...

This week Lynn interviews Professor of Finance Emeritus at the Wharton School Jack Guttentag all about how to use your housing wealth to create an income stream in retirement via a reverse mortgage. Throughout his very long career, Professor Guttentag has been concerned with the difficulties faced by consumers in financial markets arising from the complexity and inexperience. He tackled these chal...

Most Americans expected to work for the same company for their entire career with the hopes of receiving a pension that would enable them to live comfortably in retirement. However, the reality is far different. A survey published by the US Bureau of Labor Statistics states that those individuals born between 1957 and 1964 (the later years of the Baby Boom), are likely to hold an average of more t...

This week Lynn sits down for a conversation with Laurence Kotlikoff, a professor of economics at Boston University, president of Economic Security Planning, and a New York Times best-selling author. https://kotlikoff.net/ Want to purchase Larry's new book, Money Magic ? Go to the Her Retirement bookstore  and support a small book reseller. Interested in the Her Retirement software platform? Check...

Listen in as Lynn has an insightful chat with Brian Saranovitz of Your Retirement Advisor. Brian shares his perspective on the state of the market and some key action steps to combat current and future market conditions.

In this week's episode, Lynn Toomey talks with Andrea Hunt life coach and EFT practitioner. Listen in as they chat about the value of life coaching, life lessons, things you'd tell your 20-year-old self and traveling solo. It's a mixed bag of great tips and ideas.

This week's Her Retirement podcast was inspired by an article Lynn Toomey read recently on the BBC website entitled, "How Thinking About 'future you' can build a happier life." She was also spurred on by a visit with her mom to a local senior center to get some advice on Medicare, elder care planning and the like.  "Helping my 86-year-old mom put a plan in place for her future, definitely spurred...

In this week's episode of the Her Retirement podcast, Lynn Toomey covers part 2 of the True Costs of Retirement. Last week she covered, cost mistakes 1-8. This week she reviews 9-16. These are the 16 most devastating mistakes you can make when estimating your costs in retirement so make sure to take a listen to both episodes 48 and 49.  

Most of us, if not all of us women, fear running out of money and becoming a bag lady in retirement. One of the biggest mistakes is underestimating the true costs of retirement and not having a plan to address these costs. There's a myriad of reasons your projected budget might not be enough to see you through a blissful retirement.  Listen in to this week's episode to hear about 8 of 16 costs tha...

Determining when, or if, you should convert your investments to a Roth IRA is an individual decision based on factors such as your financial situation, age, tax bracket, current investments, and alternate sources of retirement income. Join Lynn in this week's episode as she answers some important questions for you. What is a Roth IRA? What is the difference between a traditional IRA and a Roth IRA...

How can a financial advisor help today's investors? A financial professional can provide guidance about today's financial climate, determine objectives, and assess progress toward those goals. Alone, an investor may find it difficult to do any of these tasks. Moreover, an investor may make self-defeating decisions. Listen in to this week's episode to hear more about how a financial advisor can hel...

The question in this week's Her Retirement podcast is, Are Annuities the Answer? Annuities are a great option for those who would like to create a guaranteed income source in retirement. They are also a great hedge against market volatility. But what are they all about and are they for you? Take a listen and find out.

Listen in to this episode as Lynn kicks off March and Women's History Month. She shares a brief history of this annual retrospective along with some statistics on the progress women have made toward financial equality.

Planning and saving for retirement may seem like goals that are far in the future. Yet saving, especially for retirement, should start early and continue throughout your lifetime. Join Lynn in this week's episode as she discusses reasons why saving more matters to women, how the Great Resignation has impacted our retirement savings, and eight questions to ask yourself as you commit to a savings pl...

Are you thinking about retiring at age Sixty-five? Is it possible? Is it even smart? Life expectancy continues to increase, which can often mean a longer retirement and may mean collecting Social Security longer. Sixty-five has long been thought of as the magic age for retirement. Join Lynn this week as she explores how this is changing, why it may be harder than previously thought and some tips t...

Longevity risk in retirement is both our friend and our foe. Of course, a long healthy life sounds quite appealing. But longevity is also one of our biggest risks in retirement, especially for us women as we tend to live longer than our male counterparts. Listen in to this week's episode as Lynn talks about the wealth and health effects of longevity. Lynn shares an overview of what she believes to...

In this week's episode Lynn talks about housing matters, including a Bankrate.com article she was recently quoted in on the trend of single women and homeownership, and a new tool to help people figure out where they want to live in retirement. Where we end up living in retirement is a big issue that many people begin to think about as they get closer to retirement. It can be a very thought provok...

In this week's podcast, I'm talking about the growing concern over current stock market volatility and a question that's on the top of everyone's mind: Is this the beginning of the end? That is, the end of the bull market we've enjoyed for the last 12 years, or is this simply a short-term fluctuation? Well, no one knows for sure. How the market performs is not something we as investors can control...

This week Lynn is speaking to Brian Saranovitz of Your Retirement Advisor. This episode is an excerpt from a live Ask the Advisor Q&A session that was recorded in December of 2021. Brian kicked off the session with a discussion of what he calls the Multi-Discipline Retirement Strategies or MDRS. These are little known retirement optimized strategies that people can deploy in their plan to really i...

In this episode Lynn discusses how much of your happiness is under your control. What does it mean to be happy now and in retirement? What is the relationship between money and happiness? Does more money mean more happiness. It's easy to want more when you think of being happier and living better. And there's little doubt that money can buy some (more) happiness. But the happiness we get from mone...

Join Lynn this week as she discusses issues we should consider before we retire. There are so many different things we should think about as we prepare for and transition into retirement. Lynn put together a short checklist of main issues you need to be aware of before you retire.

Join Lynn as she talks about an article she recently saw in Forbes magazine entitled, What's The Future For The Retirement Security Of Women? Lynn will talk about some concerns, insights and solutions brought up in the article, and why she is optimistic about the future for women and their retirement.

Financial resolutions run rampant this time of year. But please do consider committing to your financial wellness. It's important with any resolution (financial or otherwise) that you don't bite off more than you can chew. In other words, set achievable and measurable goals, but limit it to a few, not a dozen resolutions. 

Healthcare is a top concern for women as we transition into retirement. Listen in as Lynn interviews Medicare specialist Cheryl Boyles about our healthcare challenges, the ins and outs of Medicare and how much our healthcare is going to cost us.