MONEY matters

Mark Zaifman's thoughts on money, global economic trends and politics
Women & Money & the Fear of Being a ‘Bag Lady’
Mark Zaifman   |    Fri, May 31, 2019 @ 10:31 AM

“Despite the good withdrawal rate, I still fear some catastrophic situation and imagine sitting on the curb as a bag lady!  That, of course, requires a therapist--not a financial planner, eh?”

 (This blogpost appeared four years ago, but it bears repeating.)

The above quote comes directly from a client, let’s call her Mary (not her real name) responding to an article I emailed her about the 4% withdrawal rule in retirement.

Women & Money & the Fear of Being a ‘Bag Lady’
Mark Zaifman   |    Thu, Jun 04, 2015 @ 05:36 PM
Looking For a Good Financial Values Match in the Dating Game
Mark Zaifman   |    Thu, Jan 31, 2013 @ 12:52 PM

If you’re a single boomer and find yourself happily or begrudgingly back in the dating scene, it’s only a matter of time before the right person comes along and captures your heart as well as your imagination.

Financially Empowering Women, The Journey Continues
Mark Zaifman   |    Sat, Nov 03, 2012 @ 10:27 AM

If you’re a baby boomer, you most likely grew up with the notion that men are born with a natural ability to be good at managing money and investing.

Women Gaining Financial Education as Primary Breadwinners
Mark Zaifman   |    Thu, Aug 02, 2012 @ 03:44 PM

Yet another study - this one telling me something I've noticed in my own financial planning practice for several years. According to Prudential Financial's latest study, The Financial Experience and Behaviors Among Women, 53% of the 1,400+ women surveyed are primary breadwinners in their households. The study polled 1,410 American women and 604 American men between the ages of 25 and 68.

Women are taking on the primary breadwinner role for several reasons; because of their partners loss of employment as a result of the financial crisis, as a result of divorce and because women are marrying later in life.

Infographic - Compare Your Personal Finances to 10,000 Other Women
Mark Zaifman   |    Tue, May 15, 2012 @ 10:44 AM

Show Women Respect and They'll Show You The Money
Mark Zaifman   |    Mon, Apr 16, 2012 @ 09:02 AM
3 Things Women Look for in a Financial Advisor
Mark Zaifman   |    Mon, Feb 13, 2012 @ 02:42 PM
Women Don't Talk About Retirement Income Planning
Mark Zaifman   |    Tue, Jan 17, 2012 @ 04:21 PM

According to the Transamerica Center for Retirement Studies, a measly 8% of employed women feel they are building a sufficient retirement fund. One of the main reasons for this is that women aren't talking about retirement planning.

So to remedy the problem, and based on it's research, the Center for Retirement Studies came up with some questions that family, friends and advisors can ask women to get them started with talking about retirement.

Maximize Happiness by Managing Money
Mark Zaifman   |    Thu, Dec 01, 2011 @ 02:17 PM

I heard two new great phrases pertaining to money this week. The first was “living below your means” which I wrote about in a previous blogpost after hearing Suze Orman promoting her new Money Class. Living within ones means is now a common phrase, but below ones means? – now that’s a concept that I truly hope goes viral. 

The second phrase appeared in an article one of my favorite clients, Eddie M sent me – the phrase is “time affluent.”

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