Baby boomer women and money: Part 2!
A previous article, “What Baby Boomer Women Should Know About Money!” was published in The Holyoke Enterprise.
The article covered four major topics:
1. You should not depend on a marriage certificate for your desired lifestyle.
2. Women should plan to be able to live on their income only.
3. Women must understand spousal continuation.
4. Financial and tax knowledge, not diamonds, is a girl’s best friend!
This article will explore some other financial issues that are important for women.
Don’t overspend on your kids
It’s admirable to want to pay for your child’s college degree, but does that leave you enough for your own retirement?
I met a lady, age 60, from Italy that met an American, got married and then moved to the U.S. She eventually was divorced but fortunately pursued a career and got a decent job working in engineering for the State of Arizona. She had one son that was going to undergrad college at Gonzaga University in Spokane, Wash.
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Contact Dr. Harold Wong at 480-706-0177,
or www.drharoldwong.com. For his articles and seminars, visit www.DrWongInvestorGuide.com.
Holyoke Enterprise April 24, 2014