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I have a mother-n-law, now in retirement. Having lived her life in a rather traditional household, she only started managing her personal finances about 4 years ago. I am only now coming to realize how little guidance she has had and how much I would like to help her.

I have been through the fool retirement section, and found the "Investing Your Nest Egg Foolishly" and "How Much are you Gonna Take?" sections to be most helpful. These I will be sharing w/ my MNL. Yet there is so much more she doesn't understand. For instance, she has never had to curb her spending; never handled the bills, so she never saw the consequences. She shies away from the "hard truth", such as having to pay taxes (even not opening the accountants statement b/c it's too REAL to deal with.

I'm looking for some really good resources to help her understand:
1. Spending, and the consequences.
2. Keeping track of your own money; where does it all go?
3. Managing money in retirement.

I don't think she's ready for a seminar on how to invest, b/c its already past that stage. Her lump sum sits in some account (may be equity; and may have recently taken a beating). I plan to review her account with her broker (she WILL be present), but in case it's frightfully low, given her age of roughly 70, I'm afraid to recommend anything but let it ride. One of the big questions will be is what percentage is equity, what percentage is bonds, and what percentage is being withdrawn.

BUT - even if she's told the withdrawals are too much, things won't change if her spending habits don't change -- it'll just be a larger withdrawal down to road to cover built-up expenses that she has no idea where they came from.

Thanks much.
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