Today we discuss avoiding desperation and unhappy moments in life and in retirement. We talk about the suicides of famous clothing designer, Kate Spade, and chef and TV personality, Anthony Bourdain. We also address the significant portion of the population that feels desperate about their financial circumstances – especially when it comes to inadequate planning for retirement.

 

Special guest Cheri Blair joins us today to discuss the ever-increasing numbers of Baby Boomers, especially women, who have very little understanding and education about finances after retirement. She shares valuable information to help educate us on what we need to know money in retirement.

 

We Discuss:

• The huge problem with suicide in America
• The confusion around suicide and the many factors that can contribute to this tragedy
• Why more Americans are getting to this level of despair now than in the past
• How to look for the warning signs of someone that may be contemplating suicide
• How to get help for yourself or others that are struggling with thoughts of suicide
• Questions from the 2017 Retirement Income Literacy Gender Differences Report (RICP)
• What the future of the Social Security system is going to look like – Will it stay or will it go?
• Ways that we can handle our money wisely in retirement
• Reasons why it’s believed that we are headed into what could be a potential crisis
• Why women tend to rely more heavily on social security benefits than men

 

“A lot of people think that a person who commits suicide is mentally ill, but that isn’t always the case. There can be many contributing factors – some of which could be a loss of a relationship, loneliness, chronic illness, financial loss, a history of trauma or abuse, and then also a lot of people worry about the stigma associated with asking for help.”  –  Paula Shaw

 

About Cheri:

Cheri L. Blair has been serving and empowering women, pre-retirees, and business owners and their families with financial services for over 23 years.

After joining Metlife Financial Services in 1994, she created and presented empowering informational seminars and workshops to inform, support, and inspire “Women Financially” and developed plans and options for women, their businesses, and families.

Cheri joined Michael J. Lucia & Associates in 2011, welcoming the opportunity to partner with the thriving, comprehensive financial services organization, to provide a level of service that offered a more personal experience for her clients.

Throughout the years, Cheri’s philosophy has remained the same. She believes client relationships must be steeped in trust. She understands her client’s financial goals and what is most important to them.

Maintaining a client-centered practice, her client’s needs come first. Cheri supports, guides, and educates her clients in making informed financial decisions for today and the future! Cheri believes in taking a Holistic approach with her client’s, and that information and education are major cornerstones to their success.

 

“Even though times are changing, there are still many women, particularly those that are baby boomers, that rely so much on the man. A lot of it, from my experience, has to do with the woman’s confidence and their understanding of the financial matters. They can be brilliant, but often times when it comes to financial things they just defer them.”  –  Cheri Blair

 

Resources Mentioned:

• Suicide Crisis Line: (888)-724-7240
• CheriBlairFinancialServices.com or call (619)-997-0416
• Reach out to Cheri Blair to receive a personalized, no obligation social security analysis or to receive her free booklet called Empowering Today’s Woman
• 2017 Retirement Income Literacy Quiz
• Listen to Paula’s former show, Transition Radio

Stay tuned for the release of Paula’s new book, Saying the Right Thing: When You Don’t Know What To Say