Madrina Molly ™
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Johnson, an African American from the rural South, overcame poverty, racial prejudice and a grade-school education to become one of the country's leading artists. His work was recognized on a 2005 US Postal stamp.

Read more here: https://www.madrinamolly.c...
#WeRescueOu
09:09 AM - May 15, 2024
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Madrina Molly ™
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thread 2 Threaded Spouts
I don't like the term "retirement." I prefer reinvention, and I know because I had three "acts" before starting Madrina Molly, aka "Sherry 4.0." I encourage you to continue to reinvent yourself throughout your life, and especially in your second half, because you're going to be here for a LONG TIME.
It's Not Retirement ... - YouTube

I don't like the term "retirement." I prefer reinvention. And I know because I had three "acts" before starting Madrina Molly, aka "Sherry 4.0." I encourage ...

10:03 AM - May 14, 2024
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Madrina Molly ™
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thread 3 Threaded Spouts
According to the American Heritage Dictionary, retirement is the “withdrawal from one's occupation or position, especially upon reaching a certain age.” Note that the definition uses the word “withdrawal” and not “end.” The definition of “withdrawal” uses the words “retreat” and “removal."
10:46 AM - May 13, 2024
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Madrina Molly ™
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Parents are constantly balancing what's prudent with what their emotions tell them. It's a tough job, but if you can figure it out, it benefits you and your kids.

Read more: https://www.madrinamolly.c...
#WeRescueOurselves #NotYoungNotDone
09:05 AM - May 08, 2024 (Edited)
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Madrina Molly ™
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HJ never minced words, and her message hit home with me when I went to college.

Learn more: https://www.madrinamolly.c...
#WeRescueOurselves #NotYoungNotDone
09:08 AM - May 07, 2024
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Madrina Molly ™
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thread 3 Threaded Spouts
I’m diving into an ugly discussion here about a middle-class reality: student debt. I’ve seen this movie too many times. Far be it from me to cast aspersions on the failings of my clients or their children.
09:37 AM - May 06, 2024
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Madrina Molly ™
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I’ve probably bored you to tears over the past few blogs, but I can’t help trying to be more complete. (This is in response to some finfluencer posts that only give the sexy part of any story.)

Get the full story here: https://www.madrinamolly.c...
#WeRescueOurselves #N
10:27 AM - May 02, 2024
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Madrina Molly ™
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I have one more extra post for Thursday. Then I promise I'm done discussing taxes for a bit. But now you know why they're important. I think about this so you don't have to. You're welcome.

Learn more here: https://www.madrinamolly.c...
#Taxes #WeRescueOurselves #NotYoungNotDone
10:21 AM - May 01, 2024
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Madrina Molly ™
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01:55 PM - Apr 30, 2024
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Madrina Molly ™
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thread 3 Threaded Spouts
“Wide diversification is only required when investors do not understand what they are doing.” These are strong words from Warren Buffet, the CEO of Berkshire Hathaway, which arguably is its own diversified investment.
09:25 AM - Apr 30, 2024
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Madrina Molly ™
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thread 3 Threaded Spouts
April is Financial Literacy Month, wherein we encourage Americans to create and maintain healthy financial habits. The only problem is, depending on your source for financial education, you can go down a rabbit hole quickly in the wrong direction.
10:55 AM - Apr 25, 2024
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Madrina Molly ™
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So do I Neri ... so do I.

Learn more here: https://www.madrinamolly.c...
#WeRescueOurselves #NotYoungNotDone
09:06 AM - Apr 24, 2024 (Edited)
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Madrina Molly ™
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This week, I continue my discussion about why taxes matter in retirement.

Check it out here: https://www.madrinamolly.c...
#WeRescueOurselves #NotYoungNotDone
09:33 AM - Apr 23, 2024
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Madrina Molly ™
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thread 3 Threaded Spouts
Last week, I discussed why tax diversification matters in retirement. In it, I described how we tend not to think of tax treatment in distribution as we build our wealth. Instead, we place most of our wealth in accounts that are taxable as income (IRAs, 401(k)s) and in our homes (equity.)
09:17 AM - Apr 22, 2024
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Madrina Molly ™
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12:38 PM - Apr 19, 2024
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Madrina Molly ™
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"No matter how bad a child is, he is still good for a tax deduction." - Anonymous

Read more here: https://www.madrinamolly.c...
#WeRescueOurselves #NotYoungNotDone
08:50 AM - Apr 17, 2024
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Madrina Molly ™
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Tax diversification, asset allocation, asset location. All the nerdy stuff that matters. Sorry, but you have to eat your vegetables.

Read it here. https://open.substack.com/...
#WeRescueOurselves #NotYoungNotDone
10:27 AM - Apr 16, 2024
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Madrina Molly ™
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thread 3 Threaded Spouts
Your CPA is responsible for the taxes that matter this year. And most people are satisfied with an accountant who can minimize their taxes. But what about taxes in 10 years … or 20 years … or 30? Who minimizes those? That’s where you need to think ahead.
09:13 AM - Apr 15, 2024
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Madrina Molly ™
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We (Women of a Certain Agency) will control $30 trillion (with a "t") in the next decade, and that means lots of good things will be happening. Count on it.

https://madrina.substack.c...
#FinancialPlanningforWomen #WeRescueOurselves #NotYoungNotDone
08:32 AM - Apr 10, 2024
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Madrina Molly ™
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thread 3 Threaded Spouts
It's Time to De-Gender Work - YouTube

On Monday, I mentioned the disservice we do to our sons, brothers and male peers by perpetuating the genderization of work, at the same time we work to femin...

11:06 AM - Apr 09, 2024
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Madrina Molly ™
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thread 3 Threaded Spouts
We’re going to hear more and more about the “feminization of wealth” as the great wealth transfer—$80 to $90 trillion from Boomers to Millennials—takes place. By the end of the decade, we expect that women will control $30 trillion, and eventually about 60% of all wealth in the U.S.
09:27 AM - Apr 08, 2024
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Madrina Molly ™
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Never underestimate the power of Hurricane Jackie. #Hurricane Jackie
09:21 AM - Apr 05, 2024
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Madrina Molly ™
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"Take all the free money." - Every financial planner ever when discussing a retirement plan match

https://open.substack.com/...
#WeRescuseOurselves #NotYoungNotDone
08:52 AM - Apr 03, 2024
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Madrina Molly ™
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When you say you're "maxing" your 401(k), are you really? I get a bit "Max Mad" in this week's blog.

https://open.substack.com/...
#WeRescueOurselves #NotYoungNotDone #SecondHalfWisdom #mathnotmagic
10:28 AM - Apr 02, 2024
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Madrina Molly ™
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09:01 AM - Apr 02, 2024
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Madrina Molly ™
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thread 2 Threaded Spouts
"The Stock Market: Do not buy what others are buying just because they are buying it. You don’t know their intentions or their time horizon."

https://open.substack.com/...
11:35 AM - Mar 27, 2024
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Madrina Molly ™
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Make no mistake: Cash flow and wealth are very, very different. In this week's blog, I elaborate on both.

https://open.substack.com/...
#NotYoungNotDone #WeRescueOurselves #BoomexWomen #FinancialPlanningforWomen #BeIntentional
08:49 AM - Mar 26, 2024
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Madrina Molly ™
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thread 2 Threaded Spouts
Before making any investments, you need to ask yourself two questions: "What is the purpose of this money?" and "What is its time horizon?" The answers will help any good financial advisor determine what investments to suggest.
09:17 AM - Mar 25, 2024
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Madrina Molly ™
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Thoughts on the treadmill this morning: Don't sacrifice future you for your current cashflow crunch.
#WeRescueOurselves #FinancialPlanningforWomen #Womenover50 #NotYoungNotDone
10:07 AM - Mar 22, 2024
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Madrina Molly ™
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Sage advice for both #WOACA and our Allies; especially for our Allies.

https://open.substack.com/...
#WeRescueOurselves #NotYoungNotDone
09:27 AM - Mar 20, 2024
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