Hashtag: #CarlaSeelyColumns

Column: Creating A Net Worth Statement

Column: Creating A Net Worth Statement

[Written by Carla Seely] When the financial markets begin behaving erratically, most people become hyper-focused on their finances, specifically on how the current instability is impacting their net worth. So the question must be asked – How is your financial health? To understand better where your finances stand today and how you can start planning... Read more of this article

Column: How Many Accounts Do I Need?

Column: How Many Accounts Do I Need?

[Written by Carla Seely] A frequently asked question in the retirement industry is, how many accounts should I have at retirement? Should I have a savings account, an investment account and a pension account, or should I have multiple accounts for multiple purposes in multiple places? I think the question often arises from being told over and over to... Read more of this article

Column: Planning For Long-Term Care

Column: Planning For Long-Term Care

[Written by Carla Seely] When my grandfather died last year, having spent the last three years of his life in a nursing home, I began to think about long-term care for the elderly. My grandfather was fortunate; he had two sons who made sure he was in a good facility and that the type of care he needed was available to him. That care was expensive, and... Read more of this article

Carla Seely Column: Saver Or Spender?

Carla Seely Column: Saver Or Spender?

[Written by Carla Seely] In most families there are two types of people – the savers and the spenders. Statistics suggest that many couples argue or even divorce over money issues, and this is predominately due to either not making enough money or spending too much money. It is important to understand your attitude towards money; mostly it is formed... Read more of this article

Column: Financial Planning For The Unexpected

Column: Financial Planning For The Unexpected

[Written by Carla Seely] Crisis management: Planning your finances before the unpredictable happens. Ever been in a situation where you think you are finally doing well, your finances seem to be coming together and you start to have a positive outlook on your financial future? And then – wham! – the unpredictable or the unexpected knocks you back... Read more of this article

Carla Seely Column: Trapped In The Middle

Carla Seely Column: Trapped In The Middle

[Written by Carla Seely] Have you ever been in a situation where you are trying to balance your own finances while having to shell out money to everyone else? The reality is that more and more people are facing difficult family challenges, and that becomes far more emotional if you are being impacted financially. Those hit the hardest are the ‘Sandwich... Read more of this article

Column: Carla Seely On Pension Rollovers

Column: Carla Seely On Pension Rollovers

[Written by Carla Seely] Gone are the days when people worked for the same employer for 50 years. By the time we retire, most of us will have worked at several different companies, perhaps in different countries and even in different industries. In the course of your career, you probably will have accumulated pension money through a company pension... Read more of this article

Column: Being Financially Independent

Column: Being Financially Independent

[Written by Carla Seely] I was raised in a middle-class family of six. My father worked while my mother stayed at home to look after the family. I come from what is defined as “Generation X”, or what others term the “middle-child generation” – a generation which is self-reliant, savvy, and somewhat calculating. I was raised from day one to... Read more of this article

Column: How To Plan For A Long Retirement?

Column: How To Plan For A Long Retirement?

[Written by Carla Seely] When most of us think about retirement, the most challenging question we face is, ‘How long do you plan for retirement’? The most typical answer is 20 to 25 years. If standard retirement age is 65 years old, then planning for 20 to 25 years would fall within mortality data on island for most men and women. However, what... Read more of this article

Column: Creating 5 Yr Action Plan For Retirement

Column: Creating 5 Yr Action Plan For Retirement

[Written by Carla Seely] Start with your current financial situation, specifically pay attention to how you can start to maximize your income and begin to reduce your expenses. For a lot of people, planning for retirement normally starts about five years ahead of schedule.Below is a helpful guide on areas that you should focus on. [It is important... Read more of this article

Column: Are You Considering Retiring Overseas?

Column: Are You Considering Retiring Overseas?

[Written by Carla Seely] There is a growing trend in Bermuda for pre- and post- retirees to consider moving to another jurisdiction for the last chapter of their lives instead of enjoying their retirement years on this island. The chief reasons are the possibility of a lower cost of living and/or a more adventurous lifestyle. Whether you are choosing... Read more of this article

Carla Seely Column: Planning For Longevity

Carla Seely Column: Planning For Longevity

[Written by Carla Seely] Wow, he made it. Over the past 14 years I have talked about him, written many articles about him and wondered whether he would actually make it to his 100th birthday. He is an inspiration to me; I have often reflected on his life, especially in times of my own self-doubt, not always because of his advice but because his life... Read more of this article

Carla Seely Column: No Fixed Address?

Carla Seely Column: No Fixed Address?

[Written by Carla Seely] For a lot of people, gone are the days of being chained to a desk in a nine-to-five job, punching a time card in Monday through to Friday and dreading peak-hour traffic on a daily basis. Over the last ten years there has been a lot of talk about “flexible hours”, “remote access” and “hot-desking”. There has also... Read more of this article