philip b pallette

Financial Planning for Retirement isn’t Difficult. All You Need is a System that Works.

＂Each money decision you make impacts financial wellness.＂ - The Barnum Financial Group

One of the barricades to financial wellness can be found in couples relations. The husband and the wife may not agree on financial matters. Unhealthy financial behaviors can thus be the result of family tensions. One recent study examined the effectiveness of the combined efforts of a financial planner and a family therapist working together. These professionals worked with couples experiencing financial and relational distress.

Our point here is that when planning for retirement, one need not overlook the integration of a family counselor in helping to ease tensions.

Other considerations that affect future retirees include age, gender and health. A recent report from the National Institute for Retirement Security (NIRS) showed that women lag behind men, when it comes to median household retirement income.

＂Women aged 65 or older have a median household retirement income of ＄47,244, only 83% of their male counterparts, who live in households with a median retirement income of ＄57,144, including Social Security, pensions, investment income and earnings.＂

https: //www.nirsonline.org/reports/stillshortchanged/

The burden of maintaining your financial health may not be pleasant even in the best of times.

Why would we say this?

Well, managing money involves paying off debt, budgeting your funds, saving and tracking your spending habits. You may need to earn money, grow your money and, above all, protect your money.

- In this book you will discover what secrets lie ahead for you in budgeting your funds, in saving, in tracking your spending habits

- You will discover how a certain hidden wellspring of knowledge made all the difference in one woman’s quest to grow her money.

- How to increase your Social Security income beyond what even some pros are advising

• How you can protect your money over time
• Why annuities may or may not be the answer for your retirement security
• Why gender and age will not prevent you from reaching your financial goals.
• This and many, many more tips that I have discovered over the years with experience and study