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Creating A Prenuptial Agreement
Embarking upon a marriage is a wonderful time in life - emotions are running high and you have great optimism about the future you will build together. The last thing you want to do is jeopardize your love by discussing mundane things like who...
Deciding on Divorce: How to know you are making the right choice
It's a well known fact that in this day and age most marriages end up in divorce. When confronted with the possibility of "throwing a relationship away", you'll probably experience a lot of stress. There are some things you can do to decide if...
FAQs About Internet Dating
If you’re interested in meeting new people to date, the Internet match services are a great new option. The number of people joining them is staggering. If you’re new to the experience, here’s an FAQ for you: Q: How can I be sure he’s not...
How to Have a Friendly Divorce
So the marriage doesn't work out. But what about the kids?
Okay -- so despite our best intentions, the marriage doesn't always work out. People change, fall out of love, decide to live differently either alone or with a new partner. Is there...
Is your life’s purpose for sale?
Is your life’s purpose for sale?
There is no purpose too big or too small
By Craig Nathanson
Meet Joe. He’s a middle-aged bridge toll-taker in the San Francisco Bay Area. In a recent interview, Joe said he loves the role he has filled for...
Personal Happiness: A Personal Responsibility
Unhappiness can be like a chronic cough, an early symptom of a more serious condition. Most people are either unwilling or unable to face up to the fact that there’s some problem eating them up enough to cause chronic misery.
I always hear...
Potty Training After a Divorce or Separation
Many parents share custody of their children, which presents a unique problem when it comes to potty training. It’s best to discuss potty training and agree on a strategy before you start. Both parents need to be informed about potty training...
Relationships and Life?s Lessons
Relationships and Life?s Lessons
Robert Elias Najemy
When we do not get what we want from our relationships, we often feel hurt, abused, rejected, disappointed, bitter and angry.
We then have a choice to remain in our negativity or seek to...
Ten Ways Churches Can Reach Out To Single Parent Families
Here are ten ideas and ways churches can make the single parent families welcome and included.
Eight Things Churches Can Do To Support Single Moms
By Teri Worten
1) Provide a ministry solely for single parents. Single moms are more...
Warning Signs: Your Guy May be a Mr. Wrong instead of Mr. Right
1. He always make plans at the last minute.
He may have several rods on the fire. You might not be his favorite rod. If nothing else comes along then you pop into his head. Some men just like to keep their options open. They have several...
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Why Women Should Worry About Retirement More Than Men
Women earn an average of 76 percent of men's salaries. Does that shock you? Yes, even in 2005, women are still way behind the earning curve in corporate America. But rather than get into a discussion of the fairness or unfairness of it all, let's concentrate on just what women can do to ensure that they aren't left out to dry in their retirement age!
After all, because women typically live seven years longer than men, combined with the skyrocketing divorce rate, many women will find themselves alone in their older years. (Statistics show that most women are alone by age 56!) And the figures show us that if a woman took out any time from her career to have children (about seven years) she will pay for it later with only 50% of what her male counterparts will receive in retirement benefits.
Sigh.
So, what can a woman do to ensure that she can retire in style? Start by taking a look at some of our suggestions below.
Save More
Most experts advise us to save about 10 percent of our income in order to have a sufficient amount to retire one, but if you are a woman, you should be saving closer to 12 percent. Because of the reasons listed above, you simply won't receive the same amount in retirement pensions. What's more, the way that social security figures your monthly payment is based on the top 35 years of your work history. But guess what? If you were out for seven or so of those years having children, they will be
counted as "O," and the overall amount will be reduced.
Invest Wiser
Since you will need to save more by retirement age, you will have to more careful with your investments. Know your risk level, and then don't exceed it under any circumstances!
Join the Team
Many employers offer investment and savings strategies such as 401K plans and savings matching programs, and if you are a woman, you should plan to participate in all of them that you can.
Use Cash, Not Credit
An alarming number of Americans today are in serious financial trouble. This was made evident recently with the passing of the new bankruptcy bill that will make it more difficult to file. A record number of people filed for bankruptcy in anticipation of it.
It's easy to get into debt when people today spend an average of $1.21 for every dollar they earn, but don't be tempted to fall into that trap. Instead, plan to put as much money away for the future as you can.
Don't Go It Alone
While it is important for all women to step up to the plate and get serious about their finances, it's equally important for them to get advice from professionals. Talk to tax planners, investment specialists and budget planners to get all the advice that you can.
About the Author
This article provided courtesy of http://www.penny-stock-guide.com
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