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November 5, 2024 16 mins

On this week’s episode of Moms Who Money, Eileen is tackling a topic that’s especially relevant for moms who want to stay financially independent through retirement. She’s diving into the concept of “Silver Squatters,” a term describing the growing trend of retirees relying on family for financial support. 

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With rising costs, insufficient retirement savings, and disappearing pensions, many Gen Xers are facing an uncertain financial future. In this episode, she’s walking you through why it’s more critical than ever to get serious about retirement planning—before it’s too late. She'll explore the strategies you can put in place to avoid being a burden on your loved ones, so you can step into your future with confidence and control.

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She also shares actionable tips to help you break the cycle, from reality-checking your current retirement savings to getting creative with income streams. Whether you’re starting from scratch or need to step up your current plan, she'll guide you through each step so you can live independently in retirement—without stressing your family. 

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And remember, every intentional action you take today sets you up for financial freedom tomorrow. If this episode resonates, don’t forget to snap a quick screenshot, tag Eileen @eileenjoymoneycoach on socials, and share your thoughts or questions. Let’s change the narrative from “Will I have enough?” to “I’m ready for anything!”

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1:1 Financial Coaching Free Consultation

https://momswhomoney.com/1-1-consulting 

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90-Minute Financial Power Session

https://calendly.com/momswhomoney/90-minute-financial-power-session 

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FREE Guide: 5 Steps to Save $1,000 This Month

www.momswhomoney.com/save

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Get to know Eileen CFEI® CFLP℠

https://www.momswhomoney.com 

https://www.instagram.com/eileenjoymoneycoach/

https://www.facebook.com/EileenJoyMoneyCoach/

https://www.linkedin.com/in/momswhomoney/

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