APRIL 27th: MWC MoneyTalks: Long-Term Care

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phrenology-head-smallAnne Izzillo has arranged a speaker for the next session of MWC MoneyTalks – which will focus on LONG TERM CARE.  This can be a topic for yourself, a spouse/ partner, a parent or anyone in your life who may required for an extended period of time.  This will be the seventh in our series.  

We are deeply indebted to MWC’er Anne Izzillo for shepherding us through the entirety of this series.  All of the topics are hugely important and Anne has made it possible to sort out how we think about them, approach them and, if necessary, figure out how to get assistance.  Thank you, Anne – this would not have happened with out you!  We are now using TILT for No-Show Reservations for this series so we can make sure we have the correct number of attendees.  As soon as a date is established for LONG-TERM CARE, we will set up an RSVP link which can be found on the Sign-Up! tab on the menu ribbon of the Members’ Site.  Although there is no charge for this event, RSVP’s ARE REQUIRED. 

 PLS NOTE:  Because of the importance of these topics, the MWC MoneyTalks sessions are NOT limited to members.  If you have an acquaintance for whom you feel this information would be helpful, feel free to to have her join you.

Financial Literacy Road Ahead copyMORE INFORMATION ON THE SERIES ……
Last year we launched MWC University for multi-session events focusing on a single topic – such as last year’s Met-101.  Over a year ago we began a seven-part, flexible series called ” MWC MONEYTALKS: Musing, Choosing and Using!”   The focus of the series is personal with an emphasis on defining and embracing your own approach to your finances and tailoring them to your individual interests, needs and circumstances.  Members are welcome to come to one, several or all of the sessions.  For several topics in the series, experts specializing in the topic will join us as speakers.

elder care CAsk any psychiatrist, financial adviser, therapist, divorce lawyer – any professional in the field of emotion and human relations – and you’ll be told that there is nothing more personal, more intimate, than money.   People tend to be far more willing to discuss their sex lives than their financial ones.  Maybe that’s because there’s something about money which is so defining, so specific, and yet also so symbolic at the same time.  The phrase, “put a number on it” is exactly what money does for – well, everything – and that leads to a lot of anxiety.  Where there is money there is often competition which creates “winners” and “losers” or at least some sort of implied pecking order.  But as many women are well aware, it is just as true that money and value are often only vaguely related even though it is a common and conflicting tendency to use money as shorthand in measuring value.   (Which is why the “MasterCard”/ Priceless” advertising campaign is so terrific and makes the point that there’s plenty in our lives which is truly priceless, the value of which can’t be summed up by a price tag.)

Add gender to the highly charged and personal topic of money and you’ll find even more anxiety.  Men and women tend to think about money and finances very differently.  And, for a whole host of reasons having to do with social mores, life choices, personal interest … and, yes, more! – there is a well-researched gender gap between men and women when it comes to managing money. But that’s crazy !  We live in an increasingly complex world where women live longer than men, where there is a high rate of divorce, where women are far more likely to have had more twists and turns in their professional lives than their male counterparts and where all lives are buffeted by a much higher degree of change than was the case just a generation ago.  But even though we know this, the idea of settling down to focus on your finances is about as exciting, some think, as a trip to the dentist.  But don’t you feel better after you’ve gone to the dentist? [Full Disclosure:  The writer of this post is exceedingly keen on this idea NOT because she is good at this stuff, but because she is terrible at it – and, it’s time, you know?]

But LEAVE YOUR ANXIETIES AT THE DOOR because the MWC is hugely fortunate in having in our membership, Anne Izzillo, a Vice President of Wealth Management for Morgan Stanley.  She also happens to have made financial literacy and planning for women an avocation.  She is a former President (from 2011-2012) and Board Member of the Financial Women’s Association of New York, where she continues to contribute as a member.  She is also a Board Member of the International Alliance for Women.   And like many MWC’ers she lived in the UK for a long time (15 years).  The MWC is grateful to Anne for guiding us through these topics – as she has for many other women – and she will moderate the sessions.  Thank you, Anne!

 

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