Money Chic: Women & Retirement with Shari Rash

Business & Economics Podcasts

Confident, healthy, informed and capable. That's what it means to be Money Chic. Join financial advisor and money coach Shari Rash each episode as she helps breakdown financial and retirement challenges facing today's women and their families. Shari will share insider secrets about women & money and show you ways to enhance your life, financial plans, your family's future, and make sure you're Money Chic! Shari is the founder of Greenway Wealth Advisory in Vienna, Virginia. Financial planning questions? Check out Shari's website at https://greenwaywealthadvisory.com/ Phone: 703-255-2808 Email: shari@greenwaywealthadvisory.com

Confident, healthy, informed and capable. That's what it means to be Money Chic. Join financial advisor and money coach Shari Rash each episode as she helps breakdown financial and retirement challenges facing today's women and their families. Shari will share insider secrets about women & money and show you ways to enhance your life, financial plans, your family's future, and make sure you're Money Chic! Shari is the founder of Greenway Wealth Advisory in Vienna, Virginia. Financial planning questions? Check out Shari's website at https://greenwaywealthadvisory.com/ Phone: 703-255-2808 Email: shari@greenwaywealthadvisory.com

Location:

United States

Genres:

Business & Economics Podcasts

Description:

Language:

English

Website:

https://greenwaywealthadvisory.com/

Email:

walter@thirdwheelmedia.com

Episodes

Ep 27: Are These Retirement Statistics Encouraging or Discouraging?

5/26/2022

Math doesn’t lie, but can these retirement numbers be misleading? Women have less saved than men, while disturbing this isn’t necessarily surprising. Experts are estimating you need $1.04 million to retire comfortably. Assigning a dollar amount goal for retirement is difficult because everyone’s experience is significantly different. On today’s episode, we are going to break down some recent retirement statistics and whether we think they encouraging or disturbing and what we can personally...

Duration:00:22:56

Ep 26: The Countdown to Retirement

5/12/2022

As you approach retirement there are some major things, you’ll want to cross off your to-do list. Not only do you need to think about your financial future, but your physical health as well. We work so hard to save for retirement we want you to be able to enjoy it. On the other hand, going into retirement with a plan of what you’ll fill your free time with is crucial to enjoying your retirement. On today’s episode, we’ll break down some of the important things you want to consider as you...

Duration:00:18:54

Ep 25: The Retirement Diet - Fixing Unhealthy Financial Habits

4/21/2022

How many of your financial habits may be a bit unhealthy? We all know some of the basics of health - losing weight, eating healthier, and exercising. But how can we spot some similar unhealthy habits in the financial world? Empty calories in the financial industry could be complex financial plan that you don’t understand. On paper it looks great, but is it really working for you and is it improving your financial confidence? Sugar can be comparable to mutual funds. Added sugar comes in the...

Duration:00:16:21

Ep 24: Understanding Financial Jargon

4/7/2022

When it comes to the financial industry, there can be a lot of different terms and definitions that may confuse you. On today’s episode, we’re going to explore some of these definitions and explain their relevance to you when planning for retirement. A fiduciary is someone sitting on the same side of the table as you. Inflation is about how much your dollar buys you versus what it bought you a year ago. Dollar-cost averaging is spreading your money out over a period of time. Let’s discuss...

Duration:00:23:42

Ep 23: Mailbag – Yearly Spending, 401(k) Rollovers, and More

3/24/2022

We are opening up the mailbag today to answer some of your questions. Mary has $1.4 million saved, how much can she spend yearly without running out? The rule of thumb says 4% a year, but a more detailed analysis of your plan can give you a more exact number and strategy. Georgia has all of her money in one IRA. She is wondering whether she should move some of it someplace else? You can be diversified inside of one account; you just want to make sure that account is set up properly. We’ll...

Duration:00:17:40

Ep 22: Guessing at Retirement Planning

3/10/2022

There are some things in life you can guess at. However, when it comes to retirement planning there are some things you really shouldn’t guess at. Most of us not working with an advisor may rely on guessing as a planning strategy. But what could go wrong if we do so? When it comes to your monthly income don’t make assumptions. Some pre-retirees assume they’ll need less money but that’s not always true. Plan out those big purchases. You don’t want to dip into your emergency fund for a new...

Duration:00:16:21

Ep 21: What’s The Most Important Part of Retirement Planning?

2/24/2022

Today we are exploring what financial experts are claiming to be the most important part of retirement planning and whether Shari agrees or disagrees. A lot of people view retirement as a destination, but have you thought about what you’ll do with your time once you are there? If you are starting out in your career the best time to start saving is now. Do you know how much you’d like to spend a year in retirement? How will you make your retirement fulfilling? We’ll explore these important...

Duration:00:15:38

Ep 20: What Do Money Biases Cost You?

2/10/2022

Do you have any money biases and what could they be costing you? A recent Morning Star study revealed that most of us hold at least some financial biases. Everyone has different views on money but it’s important to reflect on those views. Do you go for immediate rewards over long-term goals? Have you overreacted to headlines before? Most of us have probably fallen to one or more of the four money biases: present bias, base rate neglect, overconfidence, or loss aversion. Research shows that...

Duration:00:17:03

Ep 19: How Do You Say It?

1/27/2022

There are a lot of terms and terminology surrounding the financial industry that can be confusing. So, on today’s episode, we are going to break down some of these terms and what they mean to you and your financial plan. Depending on where you are in the country there can be different terms for the same product or strategy. You don't want regional linguistic differences to confuse you when it comes to your retirement plan. Do you know what a junk bond is versus a high yield bond? Do you say...

Duration:00:16:41

Ep 18: Why Women Need to Save Differently for Retirement

1/13/2022

We are all going to get to retirement eventually, but our journeys may look very different getting there. There are a lot of risks women face when it comes to saving for retirement. In a male-dominated field like the financial industry, it can feel like their risks are not discussed enough. The wage gap, less time in the workforce in order to raise children, and taking care of the family are all risks women may face while saving for retirement. There are solutions though, you can frontload...

Duration:00:16:02

Ep 17: 22 Money Resolutions for 2022 Part 2

12/21/2021

We are continuing our 22 money resolutions for 2022 today. Have you checked your credit lately? It’s a quick and easy process. Now might be the best time to audit your subscriptions by printing out your credit card report. Are you thinking about taxes? Don’t wait until tax season to start planning. Join us for our last episode of the year as we discuss these resolutions and more! Read and get additional financial information: ...

Duration:00:17:21

Ep 16: 22 Money Resolutions for 2022 Part 1

12/9/2021

As we approach the end of the year it’s a great time to think about resolutions. Over the next two shows, we will be going over 22 money resolutions for 2022. Let’s have a great financial year! On today’s episode, we will discuss reducing debt, retirement accounts, emergency funds, and more. Some of these are quick tips while others involve working with an advisor, but all are valuable considerations to make as we ring in 2022. Read and get additional financial information: ...

Duration:00:18:32

Ep 15: Opportunities for Retirement’s Late Bloomers

11/23/2021

If you feel like you are behind on your retirement savings you may be in better standing than you realize. As you reach 50, you'll want to really start thinking about retirement and whether you need to be saving more as you reach retirement age. On today's show, we will discuss some ways you can catch up on saving for retirement if you feel like a "late bloomer." Read and get additional financial information: ...

Duration:00:19:45

Ep 14: Mailbag – Retiring Early, Multiple Advisors, and More

11/11/2021

We are opening up the mailbag today and answering some listener questions! Are you thinking of retiring early? Make sure you have a plan. You won't be able to access your 401(k) or IRA until you are 59 1/2 and Medicare eligibility isn't until 65. As you approach retirement what kind of risk should you be taking? Shari advises having risk buckets and working with your advisor to understand what kind of risk you can be taking on. We will also discuss if having multiple advisors is a good plan...

Duration:00:19:20

Ep 13: The Retirement Pyramid

10/28/2021

Imagining a pyramid is a good way to think about your retirement plan structure. Your plan will be stable and thorough. You will need your base, a secured reliable income. These are guaranteed streams of income like Social Security or a pension. The middle of your pyramid will be the investments you've made while saving for retirement. Think of your 401(k) or IRA. The top is what you will do with your money. Will you travel? Will you leave it to your kids and grandkids? On today's episode,...

Duration:00:19:10

Ep 12: Tax Consequences on Various Retirement Accounts

10/14/2021

There are benefits to different types of retirement accounts and when you will pay taxes on those accounts. Whether you should invest in tax-deferred accounts will depend a lot on your income level and personal circumstances. On today’s episode, we are going to discuss the pros and cons of different types of taxable accounts and their tax consequences. We will be covering Roths, IRAs, CDs, and more. You’ll want a plan that helps you be as tax efficient as possible. Read and get additional...

Duration:00:17:37

Ep 11: Common Financial Mistakes Couples Make

9/23/2021

A successful retirement plan for couples starts with communication and collaboration. Couples often avoid discussions about their finances and retirement plans, but this can lead to future financial issues. It is important to have conversations about your long term plans and how you will achieve them together. On today's show, Shari is speaking on some of the most common mistakes she sees couples make when it comes to financial planning. Read and get additional financial information: ...

Duration:00:18:55

Ep 10: Mind the Gaps in Retirement Planning

9/9/2021

Our financial plans can have many gaps. Sometimes financial gaps can be uncomfortable to speak about like having to plan for long term care. Or perhaps you are thinking of retiring early but you may not be eligible to receive Social Security or Medicare just yet. In either case, addressing these gaps before they occur will be the best way to keep your retirement plan on track. Today, Shari is reviewing some of these gaps you may face in the future and what you should do about them...

Duration:00:19:29

Ep 9: Just What The Financial Doctor Ordered

8/26/2021

So, you’re experiencing some concerning symptoms? Let’s have a visit with the money “doctor” to see what financial prescriptions you might need. Website: https://greenwaywealthadvisory.com/ Phone: 703-255-2808 Email: shari@greenwaywealthadvisory.com

Duration:00:16:13

Ep 8: How Age & Wisdom Play Into Financial Planning

8/12/2021

There’s an old quote that says, “Age is the price of wisdom.” Let’s talk about how that applies to the financial world. Website: https://greenwaywealthadvisory.com/ Phone: 703-255-2808 Email: shari@greenwaywealthadvisory.com

Duration:00:18:56