Financial and Life Planning Resource Directory
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The Association for Integrative Financial and Life Planning
and The Life Planning Network
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Articles
Consumers/clients
Consumers/clients: Childhood, student years
Beller, Emily, "Bringing Intergenerational Social Mobility Research into the Twenty-first Century: Why Mothers Matter", American Sociological Review, August 2009
http://www2.asanet.org/journals/asr/abstracts.html
Beller argues that studies of how fathers influence their children’s future financial success tell only half the story.
Stolz, Richard F., "Shielding Against College Investment Hazards and Bridging the Affordability Gap", Journal of Financial Planning, February 2010 (Vol. 23, No. 1)
Financial experts comment, focusing on investment risk, but also emphasizing the importance of understanding the big picture concerning both family finances more broadly and also issues beyond just the financial ones in college planning.
Consumers/clients: Family: Marriage
Hughes, Mary Elizabeth, and Waite, Linda J., "Marital Biography and Health at Mid-Life", Journal of Health and Social Behavior, September 2009 (Vol. 50, No. 3)
http://www.ingentaconnect.com/content/asoca/jhsb/2009/00000050/00000003/art00007
Both the divorced and widowed who do not remarry show worse health than the currently married on all dimensions. Dimensions of health that seem to develop slowly show strong effects of past marital disruption, whereas others seem more sensitive to current marital status.
Kemp, Candace L., "Negotiating Transitions in Later Life: Married Couples in Assisted Living", Journal of Applied Gerontology, 2008 (Vol. 27, No. 3)
http://jag.sagepub.com/cgi/content/abstract/27/3/231
This article presents an analysis of qualitative data from an exploratory study involving 20 married couples residing in assisted living facilities. Analysis considers couples' pathways and responses to assisted living.
Liu, Hui, and Umberson, Debra J. , "The Times They Are a Changin': Marital Status and Health Differentials from 1972 to 2003", Journal of Health and Social Behavior, September 2008 (Vol. 49, No. 3)
http://www.ingentaconnect.com/content/asoca/jhsb/2008/00000049/00000003/art00001
The authors find that the old bromide that married people are healthier than unmarried people still tends to be true for women, and that divorced and separated women are particularly susceptible. But the health gap between married and unmarried men is closing.
Russell, David, "Living Arrangements, Social Integration, and Loneliness in Later Life: The Case of Physical Disability", Journal of Health and Social Behavior, December 2009 (Vol. 50, No. 4)
http://www.ingentaconnect.com/content/asoca/jhsb/2009/00000050/00000004/art00006
Russell's study reveals that older people living with a spouse are less lonely than those living with children or extended family, and that this difference is magnified for elders with disabilities.
Seider, Benjamin H., et al, "We Can Work It Out: Age Differences in Relational Pronouns, Physiology, and Behavior in Marital Conflict", Psychology and Aging, September 2009 (Vol. 24, No. 3)
http://psycnet.apa.org/index.cfm?fa=buy.optionToBuy&id=2009-13203-009&CFID=4680849&CFTOKEN=80919089
The authors discovered that in marital conversations, older couples used more “we” pronouns that younger couples, and that this phenomenon related to other positive aspects of the relationship as reflected in the conversation. This suggests a ready indicator of marital relationship quality.
Stolz, Richard F., "When Couples Clash over Finances", Journal of Financial Planning, July 2009 (Vol. 22, No. 7)
Stolz interviews several experienced planners concerning marital disagreements over financial issues.
Vanarelli, Donald D., "Keeping Family Peace through Elder Mediation", Aging Well, September 2008
Vanarelli explains and promotes the concept of elder mediation.
Consumers/clients: Family: Divorce, separation
Hale, Kelly D., et al, "Understanding the Factors Influencing the Income Gap between Divorcees", Journal of Financial Planning, December 2008 (Vol. 21, No. 12)
The authors find that, for women, being older, having fewer children, remarriage, and higher levels of education all help reduce the income gap between divorced spouses.
Consumers/clients: Family: Parent-child or -grandchild
Grote, Jim, "Parent Care Solution, The – How Planners Can Help Clients with Aging Parents", Journal of Financial Planning, December 2008 (Vol. 21, No. 12)
Grote, along with several experienced financial planners, offers advice about starting the family conversation, coordinating care, providing long-term financing, advance directives, and how planners should be compensated for these services.
Nemzoff, Ruth, and Weiss, Wendy, "Your Money and Your Adult Children – The Challenges They Present", Integrative Adviser, March 2009 (Vol. 2, No. 1)
http://www.aiflp.org/pdfs/IntegrativeAdviserNo0201.pdf
Nemzoff and Weiss discuss the potential problems and some useful approaches for older parents to use in dicussing their own finances, and potential financial legacies, with their adult children.
Timmermann, Sandra, "Generational Reciprocity: What Does It Mean in the 21st Century?", Journal of Financial Service Professionals, September 2009
Timmerman suggests that, with the economy in a meltdown and today’s parents confronting the high cost of day care, coupled with heightened concerns about bringing an unknown person into their homes to care for the children, the idea of Grandma moving in with the family may make a comeback.
Consumers/clients: Family: Siblings
Cicirelli, Victor G., "Sibling Death and Death Fear in Relation to Depressive Symptomatology in Older Adults", Journals of Gerontology Series B: Psychological Sciences and Social Sciences, January 2009 (Vol. 64, No. 1)
http://psychsocgerontology.oxfordjournals.org/cgi/reprint/64B/1/24, Free
Cicirelli measures the extent to which depressive feelings in old age relate to the death of siblings and the closeness of sibling relationships.
Consumers/clients: Mid-career, wealth-building
Lemoine, Craig, et al, "Achieving Sustainable Retirement Withdrawals: A Combined Equity and Annuity Approach", Journal of Financial Planning, January 2010 (Vol. 23, No. 1)
The authors compare mixes of equities and bonds with different rebalancing strategies, but find that using an equity portfolio with a fixed annuity component provides the best chance of sustaining withdrawal rates.
Neiser, Brent A., "Averting At-Risk Middle America’s Retirement Crisis", Journal of Financial Planning, July 2009 (Vol. 22, No. 7)
Neiser discusses the financial, mental, and cultural lack of preparation for retirement among “at-risk” Americans – i.e., households earning $30-100 thousand annually.
Shultz, Kenneth S., et al, "Age Differences in the Demand-Control Model of Work Stress", Journal of Applied Gerontology, February 2010 (Vol. 29, No. 1)
http://jag.sagepub.com/cgi/content/abstract/29/1/21
The authors studied European workers to test causes and effects of workplace stress. Time pressure produced stress in workers of all ages, but only older workers were also notably sensitive to autonomy and schedule flexibility issues.
Toolson, Richard B., and Craig, Caroline K., "Should Prospective Retirees Forgo Tax-Deductible Contributions to Retirement Plans to Reduce Required Minimum Distribution Payments?", Journal of Financial Service Professionals, March 2010
Toolson and Craig analyze how this question can be answered in light of potential future increases in federal tax rates.
Consumers/clients: Late career, retirement
Consumers/clients: Aging
Consumers/clients: Ethnic or racial groups
Glicksman, Allen, and Koropeckyj-Cox, Tanya , "Aging Among Jewish Americans: Implications for Understanding Religion, Ethnicity, and Service Needs", Gerontologist, December 2009 (Vol. 49, No. 6)
http://gerontologist.oxfordjournals.org/cgi/content/abstract/49/6/816
The authors conclude that common assumptions about the links between religious identification, beliefs, practices, and communal solidarity need to be reassessed, based on their results.
Heejung, S. Kim, et al, "Culture and Social Support", American Psychologist, September 2008 (Vol 63, No. 6)
http://psycnet.apa.org/index.cfm?fa=buy.optionToBuy&id=2008-12151-002
The authors' study suggests that Asians and Asian-Americans are significantly less likely to use social support networks in dealing with problems.
Journal of General Internal Medicine, November 2009 (Vol. 24, No. 3)
http://www.rwjf.org/pr/product.jsp?id=52289
This special supplement presents nine articles dealing with issues relating to medical care for Hispanic-Americans
Rozario, Philip A., and DeRienzis, Daniel , "Familism Beliefs and Psychological Distress Among African American Women Caregivers", Gerontologist, December 2008 (Vol. 48)
http://gerontologist.gerontologyjournals.org/cgi/content/abstract/48/6/772
Rosario and DeRienzis find that although familism (relying on traditionally accepted family role as-signments) is culturally and socially popular, traditional beliefs in the care-giving role can lead to negative psychological consequences for African American women caregivers.
Spencer, S. Melinda, et al, "Racial Differences in Self-Rated Health at Similar Levels of Physical Functioning: An Examination of Health Pessimism in the Health, Aging, and Body Composition Study", Journals of Gerontology Series B: Psy-chological Sciences and Social Sciences, January 2009 (Vol. 64, No. 1)
http://psychsocgerontology.oxfordjournals.org/cgi/reprint/64B/1/87, Free
The authors confirm and expand on previous reports that African Americans tend to self-report distinctly lower quality of health than white people do, given the same levels of objective health and socio-economic status.
Williams, Sharon Wallace, "Predictors of Satisfaction for African-American and White Family Caregivers of Adult Care Home Residents", Journal of Applied Gerontology, 2008 (Vol. 27, No. 5)
http://jag.sagepub.com/cgi/content/abstract/27/5/568
This study examines satisfaction with care for African-American and white family caregivers of assisted living (adult care and family care homes) residents, finding that predictors of satisfaction differ by race.
Yan, Tingjian, et al, "Do Sedentary Older Adults Benefit From Community-Based Exercise? Results From the Active Start Program", Gerontologist, December 2009 (Vol. 49, No. 6)
http://gerontologist.oxfordjournals.org/cgi/content/abstract/49/6/847
The authors suggest that a community-based physical activity program benefits sedentary, racially, and ethnically diverse older adults by coupling a behavioral change support group and fitness classes.
Consumers/clients: Gender groups
Consumers/clients: Other / general / not specified