Purposeful Money

Purposeful Money Helping women step into their Season of You™ with clear, tax-smart retirement guidance and peace of mind.

Mid-year is a great time to pause and make sure your financial strategy still reflects your life today. At Purposeful Mo...
06/23/2026

Mid-year is a great time to pause and make sure your financial strategy still reflects your life today. At Purposeful Money, we often see major life changes reshape a woman’s financial picture long before markets do — especially for those approaching or in retirement.

Here are a few life events that often signal it’s time for a review:

🔹 Career or income changes — Promotions, part-time transitions, or stepping back from work can shift retirement timelines and income planning.
🔹 Marriage or partnership changes — Combining finances or navigating new shared goals can impact investing, taxes, and long-term planning.
🔹 Divorce or separation — Gray divorce can bring new cash flow needs, updated beneficiaries, and portfolio repositioning.
🔹 Welcoming a child or grandchild — New dependents often mean new planning priorities.
🔹 Inheritance or windfalls — Sudden liquidity deserves intentional, values-based decisions.
🔹 Buying a home or relocating — Big moves can affect taxes, cash flow, and long-term retirement readiness.

If life has changed recently, your plan may need to evolve too. If you’d like a second opinion or want to review how these changes may affect your retirement strategy, I’m here to help.

06/22/2026

Claiming at 62 isn't a mistake if you know this 👇

Early Social Security gets a bad reputation, but for women in the middle of a life transition, it can actually be a smart move.

Career change, caregiving, downsizing, winding down: bringing in that income can ease the pressure on your portfolio while you navigate what comes next.

And here's what most people don't realize: claiming early doesn't have to be permanent in the way you might think.

Once you reach full retirement age, you can voluntarily suspend your benefits and start earning delayed retirement credits at 8% per year up to age 70.

You can't undo every early year, but you can rebuild from that point forward.

The real question isn't early vs. late. It's whether the timing fits your savings, your health, your tax situation, and the life you're actually planning.

Have you thought about when you'll claim? Drop your question in the comments. 👇

Privacy Policy and Disclosures/Terms of Use documents are linked in the website footer. Disclosures document URL: https://irp.cdn-website.com/0b5a1e75/files/uploaded/DISCLOSURES+-+TERMS+OF+USE+-+PURPOSEFUL+MONEY.pdf. Privacy Policy URL: https://irp.cdn-website.com/0b5a1e75/files/uploaded/Privacy-Policy-Updated.pdf. CFP® and Certified Financial Planner™ marks used with trademark symbols throughout.

Purposeful Money is a financial advisor.

It’s almost Father’s Day, and we’re taking a moment to appreciate all the dads, granddads, and father figures who bring ...
06/21/2026

It’s almost Father’s Day, and we’re taking a moment to appreciate all the dads, granddads, and father figures who bring strength, warmth, and a good laugh to our lives.

We hope your day is filled with rest, connection, and plenty of smiles. If a few classic dad jokes make their way in, even better.

Wishing a wonderful Father’s Day to all who celebrate.

06/20/2026

Paying off your mortgage could cost you more 👀

Most people assume carrying a mortgage into retirement is a mistake. But the full picture is more complicated than that.

When you liquidate a large chunk of investments to pay off your home, you may trigger a tax bill that wipes out much of what you thought you were saving in interest. And depleting your savings in one move can leave you far more financially exposed than a monthly mortgage payment ever would.

There's also something worth considering: a fixed mortgage payment never goes up. In a retirement where costs seem to rise every year, that predictability can actually be a quiet advantage.

That doesn't mean keeping the mortgage is always right either. What it means is that this decision deserves more than a gut feeling.

Look at your tax bracket, your cash flow, and what paying it off actually costs you before you act. The numbers might tell a very different story than conventional wisdom does.

Privacy Policy and Disclosures/Terms of Use documents are linked in the website footer. Disclosures document URL: https://irp.cdn-website.com/0b5a1e75/files/uploaded/DISCLOSURES+-+TERMS+OF+USE+-+PURPOSEFUL+MONEY.pdf. Privacy Policy URL: https://irp.cdn-website.com/0b5a1e75/files/uploaded/Privacy-Policy-Updated.pdf. CFP® and Certified Financial Planner™ marks used with trademark symbols throughout.

Purposeful Money is a financial advisor.

Inflation has been front and center for years now, but there’s another trend quietly affecting everyday spending: shrink...
06/17/2026

Inflation has been front and center for years now, but there’s another trend quietly affecting everyday spending: shrinkflation. It’s subtle, but it can make a real difference in how far your money goes.

Swipe through to see how inflation and shrinkflation differ — and why understanding both can help you make more purposeful decisions with your money.

If reviewing your financial strategy feels timely, I’m here to help. Let’s take a fresh look at your plan and make sure it supports the retirement you’re working toward.

06/17/2026

Big Florida tax promise, but what's the catch? 👀

Governor DeSantis is pushing to raise the homestead exemption from $50,000 to $250,000 by 2028, with the stated goal of eventually eliminating homestead property taxes for Florida residents.

For retirees on a fixed income, that sounds like a headline worth celebrating. And it could be real savings, but there are two things you need to know first.

First: it still needs 60% voter approval on the November 2026 ballot. Nothing is final.

Second: property taxes fund the services you use every day. Schools, fire departments, first responders, and yes, mosquito control. If that revenue disappears, something fills the gap. Sales taxes could rise as high as 11 or 12%. Fees increase. Services shrink.

The savings on one line of your budget may quietly reappear as costs somewhere else.

Before you factor this into your retirement plan, wait to see what actually replaces the lost revenue. Smart planning looks at the whole picture, not just the headline.

What would this change mean for your retirement plan? Drop your question in the comments.

Privacy Policy and Disclosures/Terms of Use documents are linked in the website footer. Disclosures document URL: https://irp.cdn-website.com/0b5a1e75/files/uploaded/DISCLOSURES+-+TERMS+OF+USE+-+PURPOSEFUL+MONEY.pdf. Privacy Policy URL: https://irp.cdn-website.com/0b5a1e75/files/uploaded/Privacy-Policy-Updated.pdf. CFP® and Certified Financial Planner™ marks used with trademark symbols throughout.

Purposeful Money is a financial advisor.

06/16/2026

Waiting on Social Security could mean 54% more per month 👀

That's the difference between claiming at 62 versus 70, and it shows up in every check, for the rest of your life.

But the real reason to wait isn't just about the math. It's about what that income might mean for you decades from now.

For women especially, longer lifespans shift the entire calculation. If you're living into your late 80s or 90s, a higher monthly benefit could be the income that keeps your retirement stable long after other sources have faded.

Here's the tradeoff: delaying only pays off if you live past the break-even point, which typically falls in your mid-70s. That means your health, your other income, and your full retirement picture all have to be part of the conversation.

Claiming early isn't automatically the wrong call. And waiting isn't automatically the smart one. The right answer depends entirely on your situation.

This is one decision that deserves a real look before you file. To sort through your own Social Security timing, book your Learn More Call through the link.

Privacy Policy and Disclosures/Terms of Use documents are linked in the website footer. Disclosures document URL: https://irp.cdn-website.com/0b5a1e75/files/uploaded/DISCLOSURES+-+TERMS+OF+USE+-+PURPOSEFUL+MONEY.pdf. Privacy Policy URL: https://irp.cdn-website.com/0b5a1e75/files/uploaded/Privacy-Policy-Updated.pdf. CFP® and Certified Financial Planner™ marks used with trademark symbols throughout.

Purposeful Money is a financial advisor.

06/15/2026

Most women don't see this Social Security mistake coming 👀

And for some, it ends up costing tens of thousands of dollars across a long retirement.

There are three places where things tend to go sideways:

Claiming early feels like the safe move — but women tend to live longer, so a reduced monthly benefit doesn't just sting now. It compounds over 25 or 30 years into a much bigger gap than expected.

Spousal and survivor benefits follow their own rules entirely. Knowing when to claim your benefit versus your spouse's — or a late spouse's — is a separate conversation, and skipping it is one of the most common ways women leave real money unclaimed.

And the tax piece? Up to 85% of your Social Security benefits can be taxable depending on your other income. Timing your claim without looking at your tax picture first is a mistake that's easy to make and hard to undo.

This isn't a small decision. It's one of the most important choices in your entire retirement plan — and it deserves a real strategy, not a guess.

Book a call through the link in bio to work through this together.

Privacy Policy and Disclosures/Terms of Use documents are linked in the website footer. Disclosures document URL: https://irp.cdn-website.com/0b5a1e75/files/uploaded/DISCLOSURES+-+TERMS+OF+USE+-+PURPOSEFUL+MONEY.pdf. Privacy Policy URL: https://irp.cdn-website.com/0b5a1e75/files/uploaded/Privacy-Policy-Updated.pdf. CFP® and Certified Financial Planner™ marks used with trademark symbols throughout.

Purposeful Money is a financial advisor.

06/15/2026

Retirement questions that actually keep you up at night? 👀

For years, I answered them every week in a Sunday newspaper column. Now I'm bringing those same conversations here.

I'm Erin, a CFP® and founder of Purposeful Money.

The questions I focus on are the ones that actually matter when it's your money on the line:

What do you do with your 401(k) when you retire?
How do taxes really work once you stop working?
When should you claim Social Security?
What does "enough" actually look like?

No hype. No fear. No one-size-fits-all rules that sound smart but don't help you make your next decision.

Just practical, numbers-grounded thinking, the tradeoffs, and the "it depends" moments worth slowing down for.

If that sounds useful, follow along.

Privacy Policy and Disclosures/Terms of Use documents are linked in the website footer. Disclosures document URL: https://irp.cdn-website.com/0b5a1e75/files/uploaded/DISCLOSURES+-+TERMS+OF+USE+-+PURPOSEFUL+MONEY.pdf. Privacy Policy URL: https://irp.cdn-website.com/0b5a1e75/files/uploaded/Privacy-Policy-Updated.pdf. CFP® and Certified Financial Planner™ marks used with trademark symbols throughout.

Purposeful Money is a financial advisor.

Your financial life should feel clear, steady, and intentional — especially as you step into retirement.At Purposeful Mo...
06/15/2026

Your financial life should feel clear, steady, and intentional — especially as you step into retirement.

At Purposeful Money, we design personalized, values-first strategies to help protect the wealth you've worked so hard to build. From managing market risk to navigating taxes, RMDs, and legacy planning, we focus on creating long-term confidence for women over 50.

Whether you’re refining your investment approach, preparing for Social Security and Medicare, or aligning your estate plan with your goals, we’re here to support every step.

If you're ready for guidance you can trust, reach out anytime. We’d love to help you move into your next chapter with clarity and purpose.

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