Women's Money Blog

Laura Mattia on Your Money - Audio

Laura Mattia joins host Kent Smetters to discuss her focus on inspiring women to become more financially engaged on Your Money.

Click "continue reading" to hear the podcast

Continue reading
Rate this blog entry:
131 Hits
0 Comments

Women and Finance: POWER WITH A FINANCIAL PLAN

Read Dr. Mattia's article "Women and Finance: POWER WITH A FINANCIAL PLAN" on the WRC website and featured in their new publication circulating Sarasota called MyWRC.

http://www.mywrc.org/mywrc/women-finance-power-financial-plan

Rate this blog entry:
83 Hits
0 Comments

Women's Resource Center of Sarasota is conducting a Women's Money Empowerment Series - Series beginning 2/3/18

Dr. Mattia, CFP® will be running a Women's Money Workshop for the Women's Resource Center (WRC) of Sarasota at USF Sarasota-Manatee: 8350 N Tamiami Trail, Sarasota, FL 34243, Saturdays, February 3 & February 10, 9:30am-12:30pm. The purpose of this workshop series is to provide unbiased and objective information so you are empowered to make informed decisions.

Continue reading
Rate this blog entry:
79 Hits
0 Comments

Laura's New Book: Gender On Wall Street: Uncovering Opportunities For Women In Financial Services

Dr. Mattia is the author of the forthcoming book "Gender On Wall Street: Uncovering Opportunities For Women In Financial Services" coming out spring 2018 from Palgrave Macmillan.

Rate this blog entry:
109 Hits
0 Comments

Recently Widowed – Now What?

Women on average live longer than men, and many marry older men.

The result is that most women will find themselves alone since the median age of widowhood is around 60. This is a bad time in any one’s life to become financially responsible since it is usually when wealth is highest and there is more at stake. This is especially true for many married women who did not participate in financial decision making in the past and did not develop necessary skills to make good financial decisions.

The best advice during this emotional time is to take it slow and don’t rush into any major decisions about your financial future. Irreversible decisions made at times of great emotional stress are often regretted. Except in cases of extreme economic necessity, women going through this emotional time should put off decisions about such matters as selling their house, retirement or giving away assets.

Continue reading
Rate this blog entry:
197 Hits
0 Comments

The Cost of Long-Term Care Could Drain Your Nest Egg

Studies of demographic data show that 30 to 50 percent of Americans who make it to age 65 will eventually need to be cared for in an Assisted Living Facility. These same studies demonstrate that almost 50% of women in the U.S. will require this type of care.

When planning for retirement, most of us think about where we want to live, how much we want to travel, how we want to spend our days, and how we’re going to pay for it all - but far too many of us fail to consider the costs associated with changes in our health.

The problem isn’t in becoming sick and dying, the financial risk stems from surviving an illness and then requiring long-term care. Women are more likely to experience the latter scenario, so it is imperative that you plan for this possibility, so you don’t deplete your retirement savings or greatly reduce the value of your estate.

Continue reading
Rate this blog entry:
108 Hits
0 Comments

Did you know that Financial Advisers are not required to give you their best advice?

The law only requires most advisers to provide “suitable” advice.

That means it doesn’t matter if the adviser benefits more than you do, as long as the advice is generally “okay”, but is suitability really good enough? Did you like the restaurant you went to last night? Meh, it was suitable. How did your surgery go? Okay, the doctor was suitable.

If suitable isn’t good enough for restaurants and doctors, it certainly isn’t good enough for financial planning. Inconsistent standards in the financial services industry have allowed anyone, regardless of their competence or integrity, to claim that they are a “financial advisor” and the lack of differentiation between brokers and investment advisors has resulted in different standards of care by individuals that appear similar.

Continue reading
Rate this blog entry:
68 Hits
0 Comments

Copyright Laura Mattia ©2018. Women’s Money Empowerment Network. All rights reserved

 

Designed by Concept Digital Media