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WOMEN WI$E

THE ESSENTIAL GUIDE TO FINANCIAL AND LIFESTYLE DECISIONS AS WE AGE

A practical and compassionate handbook designed to help women envision their lives after work.

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Two financial planners, one of them a lawyer, draw on personal and professional experience as they offer advice to older women looking ahead to retirement.

In her role as a financial adviser, Blayney had helped other women plan for retirement, but when she stopped working at age 67, she found negotiating her own retirement plans to be unexpectedly challenging. Facing the increasing physical limitations of aging, along with numerous financial and lifestyle decisions, Blayney decided to compile the resource book that she herself needed to make the transition to retired life. She collaborated with like-minded colleague, attorney, and financial planner Fox, who had retired at age 71. Beginning with daunting statistics such as that women over the age of 65 are “80% more likely to be below the poverty line than men” and that 5,000 U.S. women turn 65 every day, Blayney and Fox assess the challenges that face a group in which “many feel alone, unseen and unheard, in a culture uncomfortable with the realities of aging.” Their topics range from identification of and protection from elder abuse to choosing the most practicable living situation and navigating the complexities of Medicare and Social Security. A deep dive into financial planning options includes chapters on annuities, reverse mortgages, strategies for spending down savings and investments, and estate planning. The authors’ perspectives as older women help to give their guidebook authority and heart. Even though they are both professionals in financial planning, they candidly admit to facing the same challenges as women far less schooled in economics, such as increasing difficulty in changing ceiling light bulbs and overcoming a reluctance to join a senior center. One notable limitation is the book’s firmly heterosexual perspective. Given the extra legal and social challenges that gay couples may face in later life, it’s surprising that the authors present aging as a “his and hers” proposition and don’t discuss the challenges of lesbians looking ahead to retirement. Nonetheless, with numerous lists, questions, and detailed explanations of complex financial and personal issues, this sincere and thorough guide would be helpful to women of all ages.

A practical and compassionate handbook designed to help women envision their lives after work.

Pub Date: June 6, 2022

ISBN: 978-1-64543-164-0

Page Count: 280

Publisher: Amplify Publishing

Review Posted Online: May 16, 2022

Kirkus Reviews Issue: July 15, 2022

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THINKING, FAST AND SLOW

Striking research showing the immense complexity of ordinary thought and revealing the identities of the gatekeepers in our...

A psychologist and Nobel Prize winner summarizes and synthesizes the recent decades of research on intuition and systematic thinking.

The author of several scholarly texts, Kahneman (Emeritus Psychology and Public Affairs/Princeton Univ.) now offers general readers not just the findings of psychological research but also a better understanding of how research questions arise and how scholars systematically frame and answer them. He begins with the distinction between System 1 and System 2 mental operations, the former referring to quick, automatic thought, the latter to more effortful, overt thinking. We rely heavily, writes, on System 1, resorting to the higher-energy System 2 only when we need or want to. Kahneman continually refers to System 2 as “lazy”: We don’t want to think rigorously about something. The author then explores the nuances of our two-system minds, showing how they perform in various situations. Psychological experiments have repeatedly revealed that our intuitions are generally wrong, that our assessments are based on biases and that our System 1 hates doubt and despises ambiguity. Kahneman largely avoids jargon; when he does use some (“heuristics,” for example), he argues that such terms really ought to join our everyday vocabulary. He reviews many fundamental concepts in psychology and statistics (regression to the mean, the narrative fallacy, the optimistic bias), showing how they relate to his overall concerns about how we think and why we make the decisions that we do. Some of the later chapters (dealing with risk-taking and statistics and probabilities) are denser than others (some readers may resent such demands on System 2!), but the passages that deal with the economic and political implications of the research are gripping.

Striking research showing the immense complexity of ordinary thought and revealing the identities of the gatekeepers in our minds.

Pub Date: Nov. 1, 2011

ISBN: 978-0-374-27563-1

Page Count: 512

Publisher: Farrar, Straus and Giroux

Review Posted Online: Sept. 3, 2011

Kirkus Reviews Issue: Sept. 15, 2011

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THE CULTURE MAP

BREAKING THROUGH THE INVISIBLE BOUNDARIES OF GLOBAL BUSINESS

These are not hard and fast rules, but Meyer delivers important reading for those engaged in international business.

A helpful guide to working effectively with people from other cultures.

“The sad truth is that the vast majority of managers who conduct business internationally have little understanding about how culture is impacting their work,” writes Meyer, a professor at INSEAD, an international business school. Yet they face a wider array of work styles than ever before in dealing with clients, suppliers and colleagues from around the world. When is it best to speak or stay quiet? What is the role of the leader in the room? When working with foreign business people, failing to take cultural differences into account can lead to frustration, misunderstanding or worse. Based on research and her experiences teaching cross-cultural behaviors to executive students, the author examines a handful of key areas. Among others, they include communicating (Anglo-Saxons are explicit; Asians communicate implicitly, requiring listeners to read between the lines), developing a sense of trust (Brazilians do it over long lunches), and decision-making (Germans rely on consensus, Americans on one decider). In each area, the author provides a “culture map scale” that positions behaviors in more than 20 countries along a continuum, allowing readers to anticipate the preferences of individuals from a particular country: Do they like direct or indirect negative feedback? Are they rigid or flexible regarding deadlines? Do they favor verbal or written commitments? And so on. Meyer discusses managers who have faced perplexing situations, such as knowledgeable team members who fail to speak up in meetings or Indians who offer a puzzling half-shake, half-nod of the head. Cultural differences—not personality quirks—are the motivating factors behind many behavioral styles. Depending on our cultures, we understand the world in a particular way, find certain arguments persuasive or lacking merit, and consider some ways of making decisions or measuring time natural and others quite strange.

These are not hard and fast rules, but Meyer delivers important reading for those engaged in international business.

Pub Date: May 27, 2014

ISBN: 978-1-61039-250-1

Page Count: 288

Publisher: PublicAffairs

Review Posted Online: April 15, 2014

Kirkus Reviews Issue: May 1, 2014

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