Hashtag: #CarlaSeelyColumns

Carla Seely Column: Longevity Gene & Expenses

Carla Seely Column: Longevity Gene & Expenses

[Written by Carla Seely] Ask yourself a question: if a scientist could create a pill that allowed you to live another 10 to 20 years, extending your lifespan to 110 or 115 years, would you take it? Well, I can certainly answer that question: definitely not! It doesn’t matter whether the quality of life is there or not, financially I couldn’t afford... Read more of this article

Column: Creating A Five-Year Retirement Plan

Column: Creating A Five-Year Retirement Plan

[Written by Carla Seely] When it comes to retirement, you need to create an action plan. More specifically, you need to plan ahead to ensure that your retirement vision meets your budget. The question is, how far in advance should you ‘officially’ start enacting that plan? Well, from a retirement planning perspective, I would suggest that five years... Read more of this article

Column: Planning To Leave A Legacy?

Column: Planning To Leave A Legacy?

[Written by Carla Seely] During my childhood, the holiday season was the main time my relatives gathered together, both immediate and extended family. Most times it was at my nanna’s house with all my cousins – sixteen of us squeezed around two tables [the adults’ table and the kids’ table], enjoying a meal, having a laugh and perpetuating many... Read more of this article

Column: How Can You Combat Inflation?

Column: How Can You Combat Inflation?

[Written by Carla Seely] Concerned about market volatility? Long-term inflation can also deplete your net worth also. In recent months the financial market has moved up and down like a yo-yo. There is little apparent correlation with factors that previously drove market movements. One thing is certain, though: investors often forget about the impact... Read more of this article

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