Retirement Planning
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Retirement
Asked by C.H. from Grand Rapids
on May 20, 2008
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My mom is turning 60 this weekend and she is also retiring this year after teaching for 38 years. I would like to get her something memorable and combine both things i...
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- My mom is in a similar position and I am putting together a basket for her with things she can do now that she is home: some books (which she never had time to read), ...
- I know this is a little late, but I have 2 suggestions...I have a business with Once Upon A Family, my website is www.thelegacyoffamily.com. Anyway, we have these AWE...
- C., Your Mom is very lucky to have you. A massage would be nice along with the day spa idea but how about if you mix it up and have a "date" with your Mom to help ...
Money for Retirement Account
Asked by O.L. from Los Angeles
on December 30, 2011
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Hi, just wondering what a reasonable amount of money is to put into one's retirement account? What type of account do you put it in?
Answers
- I agree with the answers below, especially about needing to personalize your own situation with regard to your current income level, your spending habits, your current...
- I think you need to talk to a trusted financial consultant so you can figure out how much is right for you to be investing. Everybody is different. As for us, we...
- Shannon's advice to check out Dave Ramsey's program is a great idea; Clark Howard also has several books on financial 'smarts'. Like many of the other moms mentioned:...
Mothers Retirement from Teaching
Asked by A.D. from Dallas
on March 21, 2011
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My Lovely Mother is retiring from teaching after 25+ years! I am in need of some ideas on places to have a retirement party for her and any neat ideas of how to create...
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- When my mom retired from teaching, my dad made up some story about how he had to take her to work (fixing the car or something) so that at the end of the day after all...
- This depends on who you are planning on inviting. Most schools will do a "dinner" in her honor with current faculty and administration invited- usually a dinner for a...
- you might also check to see if the school district has a facility that could host a party to recognize her retirement. Some districts do this for long term employees....
Retirement Gift for Teacher
Asked by J.S. from Cleveland
on May 22, 2011
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My son's 2nd grade teacher is retiring after many, many years of teaching. My son's class will be her last (my daughter also had her 2 years ago).
The class wants ...
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- This might be hard to put together on short notice -- but wouldn't it be wonderful to make a poster sized collage of photos of all the classes she taught that you can ...
- We gave one of the retiring teachers a rocking chair for her front porch. She loves her neighborhood and said she loved drinking coffee outside on the front steps.. It...
- What about a bird feeder with a supply of bird food. You can use that at a house, apt or condo and everything she sees it she will think of her classes and all the li...
Attorney for Wills & Estate Planning?
Asked by S.T. from Chicago
on July 3, 2008
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Hey Mamas,
Can anyone recommend an attorney for wills and estate planning located in the western suburbs? We are in Elmhurst.
Thanks!
S.
Answers
- We just set up a will and a trust with Tom Olofsson. He is in Beverly but will travel to you. His # is ###-###-#### and his website is mytrustlawer.com. He was great t...
- http://www.elderlawillinois.com/contact.html Ben Neiburger specializes in elder law - wills, estate planning, etc. and he's in Elmhurst. He went to law school with ...
- We used Jordan Rifis in Oak Park. He's a member of our church.
College Planning
Asked by J.W. from Detroit
on January 29, 2011
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Ok - I know that this should have been taken care of years ago, but I get so overwelmed when I try to understand all of the differences between the savings plans out t...
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- We set up a 529, but each state is different in their penalties for taking money out if it isn't for college. The good thing about most 529s is that you can get one f...
- I would highly recommend the MESP program. It is always highly rated with low fees, it has age adjusted programs, so you can just set it and your investments become m...
- why are you planing on paying for his college. My parents didn't pay for mine, and i don't plan on paying it for my kids. they have to learn responsibility. And the...
Need a Place in West Burbs to Hold Retirement Party
Asked by A.O. from Chicago
on February 14, 2007
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a very dear aunt of mine will be retiring in the early part of summer. she has been generous through the years to my siblings and myself and now to our children. i hav...
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- I would recommend Brookfield Zoo! I have seen other parties there, so I don't have first-hand experience, but I know they do family events in some of the restaurants ...
- I have no idea how it works or what their rates are, but I know the Morton Arboretum has function rooms and you can throw large parties there. Might be fun, since it'...
- I'm a big fan of the theme party - like have a mexican fiesta to celebrate her new siesta time! Or base the party around something she'll be doing after she retires -...
Planning the Rest of My Life
Asked by J.H. from Sacramento
on March 11, 2012
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How have you mamas planned your furture? Ok...Let me explain a bit further--I posted a question last week regarding happiness, which was prompted by my recently being...
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- I would start by making a list of things you want to do and think about where you want to be in five years. Prioritize your list by what sounds the most appealing and ...
- First and foremost, take stock of your situation. So you got fired. It happens, sometimes to good and very skilled people. Do not get bogged down in any shame or guilt...
- This may sound like a lot of writing but it's really not. Putting things on paper relieves the burden from your brain. First make a list of what you believe your p...
Short Term Planning
Asked by A.C. from Cleveland
on April 27, 2008
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Hello, several times over the past year I have tried to discuss "short term goals" with my husband. Meaning 3-5 years out. We are in our early 40's and there are man...
Answers
- My husband also has no interest in discusses finances or our future. I've finally decided to just make plans that I think will work for us as a family. I know this m...
- I agree with most of the reponses so far. Go ahead & set your own goals. There is never a drawback when you have something positive to strive for! But I haven't r...
- It sounds as if your husband is happy the way things are and doesn't have any interest in self improvement.So after all the kids are in school full time you should go ...
Looking for Financial Advisor in Western Suburbs
Asked by G.M. from Chicago
on June 24, 2008
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We're looking for a highly recommended financial advisor for retirement planning and college savings. Someone in the Lisle/Naperville area would be nice but we're ok ...
Answers
- My husband and I have been using Steve Visser since my husband was let go from his job in 2005. He has given us some awesome financial advice and always has our best ...
- I know of an excellent Financial Advisor. His name is Ted Lefere and he works for Wachovia. His number is ###-###-####. He is very easy to talk to and listens to w...
- I have a lady I would recommend in Naperville because she does a complete analysis of your situation and designs a program to meet your needs. She does a great job ex...
