Hashtag: #CarlaSeelyColumns
Carla Seely Column: The Cost Of Living Longer
[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 between 110 and 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... Read more of this article
Column: Is It Time To Start Downsizing?
[Written by Carla Seely] Imagine that glorious day when your children have grown into adults and the “Bank of Mum and Dad“ has finally closed for good. Now imagine your house is free of clutter, you have a nice healthy balance in your pension and investments and, most importantly, you just handed in your notice at work because you are ready to... Read more of this article
Column: Plan On Leaving An Inheritance?
[Written by Carla Seely] Leaving an inheritance or a legacy for the next generation is definitely a personal choice and there is no right or wrong answer to it. Giving an inheritance can mean sacrificing your today for someone else’s tomorrow. If you talk to the elderly, you will hear that the focus was always on making the next generation more... Read more of this article
Column: 10 Common Questions About Pensions
[Written by Carla Seely] Let’s get real. The subject of pensions and how they work isn’t the hot topic during a Friday night happy hour with your friends or colleagues, but oddly enough, I seem to get asked the same questions quite frequently, which makes me think perhaps a lot of people are actually unsure. Here is the list of the top 10 questions... Read more of this article
Carla Seely Column: ‘A Wise Man Once Said’
[Written by Carla Seely] A couple of weeks ago, I was speaking with my 98-year-old grandfather who, until quite recently, was actually still living in his own home. What amazes me about my grandfather is although he is physically starting to slow down, mentally he is still “quick as a whip” and is never short of an opinion. We chatted for a while... Read more of this article
Column: Technology vs Common Sense
[Written by Carla Seely] As the world continues to evolve, so does the technology that supports it. But as technology develops, the side effect is the declining ability to use good old-fashioned common sense. This holds so true when people are dealing with their finances; more people are relying on a mathematical or financial “app” as opposed to... Read more of this article
Column: To Be Frugal Or Not To Be Frugal?
[Written by Carla Seely] The amount of money you have at your disposal is not always dependent on how much you earn. Whether you make a lot of money or you don’t, it is all about how you choose to spend your money that can make all the difference in the future. Earlier in the week my husband and I were driving to work and he said the “F” word…the... Read more of this article
Column: “5 Year 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 5 years ahead of schedule. Below is a helpful guide on areas that you should focus on. [It is important to... Read more of this article
Column: Dealing With & Rolling Over Pensions
[Written by Carla Seely] Gone are the days when you worked for the same employer for 50 years, for most of us, we have worked at different companies and even in different industries during our working lives. Throughout the course of your working career you probably have accumulated some pension money and if you have not rolled over your pension money... Read more of this article
Column: How To Plan For Early Retirement
[Written by Carla Seely] As the New Year is upon us, new goals and new visions are being created to make this a prosperous and successful 2017. Perhaps you are in the later stages of your career and are consciously developing a succession strategy for your role to ensure a smooth transition when you do retire. Ever thought what would happen if you were... Read more of this article
Column: Knowing How To Manage Your Debt
[Written by Carla Seely] With the start of the holiday season upon us, we are consistently reminded of the joy of giving; either by TV commercials, articles in the media or a flyer received in the mail. Giving generally equates to more spending and when you don’t have a lot of money that can sometimes mean borrowing money. Perhaps you already have... Read more of this article
Column: How To Time Your Retirement
[Written by Carla Seely] The answer to this question is not simple, we approach retirement with a lifetime of experience but at the same time we have no idea what to expect. Making the transition to retirement with confidence requires careful attention and planning. Ask any two individual’s to describe their experience as they prepared for retirement... Read more of this article
Column: Retiring For The ‘Sandwich Generation’
[Written by Carla Seely] Alot of people who are getting close to their retirement age are being faced with really difficult challenges and are having to make some really tough decisions. The hardest hit is the “Sandwich Generation”, the generation which is trapped between financially providing for their own children and being responsible for providing... Read more of this article
Column: Are You Considering Retiring Overseas?
[Written by Carla Seely] There is a growing trend in Bermuda among people who are ready to retire or who have just retired to head off the island to make the most of cheaper living and/or a more adventurous lifestyle. Whether you are choosing to move to the US or Canada or something a little more exotic like Ecuador or Belize; making sure you plan... Read more of this article
Column: Manage Money To Plan For Unexpected
[Written by Carla Seely] Speak with anyone who’s been in an emergency situation like a fire, flood or car accident and they’ll say the same thing “I never expected this to happen”! The biggest challenge with emergencies is not only are you dealing emotionally with the aftermath of the event, you are also dealing with it financially. A large... Read more of this article
Column: Creating A Net Worth Statement
[Written by Carla Seely] How’s your financial health? To better understand where your finances stand today and how you can start planning for tomorrow, you need to compare what you own [your assets] to what you owe [your liabilities]. Where do you start? Firstly, you do not need a fancy program, a simple excel spreadsheet will work just fine.... Read more of this article
