Keeping Fiscally Smart in Retirement

According to Patricia Williams, the first rule for a good retirement is to be totally involved in your finances. Even if someone else is handling your funds (spouse, son, advisor), you need to know everything they are doing. On Tuesday, June 17, at 2 p.m. in the Clubhouse II Auditorium, Williams will explain essential areas of finances and how to keep fiscally smart.

For those who are married, Williams will address how to avoid what she calls the four dangerous D’s: death (of a spouse), divorce, dementia, and deception.

Williams will describe what to look for in selecting a financial advisor.  Do they have the proper credentials? Are they fiduciaries? What is their fee structure? Understanding where your money is, the return your investments are earning, and how much you’re paying for these returns are essential for an enjoyable retirement.

About the Presenter

Patricia A. Williams has a Doctorate in Business Administration from Boston University and was a professor of accounting at Fordham University in New York for seventeen years. She has published articles in academic journals, presented papers at international conferences, and conducted executive training programs for various Wall Street firms, including Merrill Lynch and Crédit Lyonnais. Since retirement Dr. Williams has presented financial seminars for women in or near retirement for the Brandeis University Alumni Association.

The Center for lifelong Leaning (CLL) sponsors this presentation, and residents are asked to register beginning May 20 by calling or visiting the Lifestyle office of either clubhouse. A $5 fee will be collected at the door and can be paid by cash or check payable to the Center for Lifelong Learning.

For information on all CLL presentations visit (cllmd.com).