Hot Comb Survivors
It's a place where women of a "certain age" can come together to talk truth, trash and transformation about any and everything.
Hot Comb Survivors
Hot Comb Survivors: Counting Coins - Financial Wellness at D@mn Near 60!
Financial wellness requires thoughtful planning around budgeting, legal protection, and finding purpose beyond work to ensure you don't outlive your money. Below are a few key takeaways:
• Creating a detailed budget that accounts for all expenses, including the small everyday costs that add up quickly
• Reviewing your budget quarterly to ensure you're sticking to your financial plan
• Securing essential legal documents like a will, healthcare proxy, and power of attorney regardless of your wealth
• Considering long-term care insurance, which can be obtained well into your 60s
• Planning for Medicaid eligibility by structuring assets appropriately, starting between ages 55-60
• Finding purpose in retirement beyond your career identity through community involvement
• Discussing your estate plans with your children and beneficiaries to ensure clarity
• Creating an inventory of all assets and their locations to prevent them from becoming unclaimed
• Maintaining community connections to combat loneliness and support mental health
• Teaching financial literacy to the next generation since this information isn't taught in schools
We appreciate you joining us for this important conversation with our special guests Jeff Boyce and Charles Whites who shared their personal and professional wisdom on securing your financial future.
