The Working Woman’s Guide to Preparing for Retirement

Retirement guidelines for working womenEpisode 13–The Working Woman’s Guide to Preparing for Retirement

Retirement looks financially different for women than it does for many men. Some women may have stopped working to stay home with our children and then returned to the workforce, later. There are also women who only worked part time because they had a spouse who was the primary breadwinner.  Both of these scenarios affect the “bottom line” of a woman’s retirement funds. 

Kathy Mitchell is a former Georgia Power Company communications executive and a retired managing editor of a weekly newspaper publication. She gives inside information about the financial do’s and dont’s of retirement. 

We discuss how to apply for medicare insurance and where to get financial help, if you need it.  Kathy also talks about what women who are “late to the game” can do help themselves financially navigate the retirement years. Finally, she shares tips on how millennials can practice good money habits now to prepare for retirement, later. Finally,

 

More About Kathy Mitchell

 Kathy grew up in Anniston, Alabama and went on to study Journalism and English at Georgia State University and Fisk University. After moving to Atlanta, she began a career with the Georgia Power Company and worked in corporate communications for several years, until she eventually retired. 

Kathy started a second career as a managing editor at The Champion Newspaper in Decatur, Georgia. She served in the position for several years until she retired, again. She currently works part-time as a freelance writer for the same newspaper. Kathy is a community leader and a Sunday school teacher at Gresham Park Christian Church.

Helpful Articles About Retirement

Retirement Planning Is Different for Women. It Just Is. Here’s Why.

 

 

 

 

 

The Senior Working Woman

Senior Working Woman

Episode 9- The Senior Working Woman: The Benefits of Working After 65

If you’re a senior woman, age 65 or over, in the workforce, you are not alone. Statistics show that the number of senior working women has risen 4.2 percent over the past year to 17.4 million.

There are several reasons for this increase. Many older women are helping their families catch up after the Great Recession that ran from 2007 to 2009, which set back their finances.

Others have been forced to return to the workforce due to divorce which is splitting up a record number of older couples.

Some women are simply seeking self-fulfillment after years of taking care of the needs of others. Also, women usually have longer life expectancy and need to finance longer retirements. Whatever the reason, there are more senior working women than ever before.

Special guest, Joanna Styles, has had a variety of careers that have spanned over six decades which include working as a circulation desk manager for the Queens Borough Public Library in New York, owning and operating Styles Home Cooking Restaurant with her second husband, Joseph, and teaching for the Fulton County School System, where she recently was awarded ‘Paraprofessional of the Year’.

Ms. Styles shares personal stories about her work experience as an older woman and how it has benefited her financially, socially, and psychologically.

Ms. Styles lives in Atlanta, Georgia. She is the mother of four, grandmother of 11, and great-grandmother of 15. She attends Mt. Paran Church of God in Atlanta and has been and active member there for more than 30 years.

Helpful Resources:

Applying For Social Security Benefits

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AARP Membership

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The Franchise Advisor

Franchise Your Business

 

U. S. Deparment of Labor

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Helpful Articles:

 

More Older Women Are Returning to Work

A new study says working women earn 49 cents for every dollar earned by a man, a claim that challenges most research that says women earn 80% of what men are paid on average across all industries.

Retirement Planning is Different for Women