Episode 22:5 Eric Blake, CFP® on Retirement Planning for Women over 55

In this episode of the Glowing Older podcast, host Nancy Griffin interviews Eric Blake, a financial planner specializing in retirement planning for women. They discuss the unique financial challenges faced by women, particularly solo agers, and the importance of having a clear financial plan. Eric emphasizes the need for women to be involved in financial conversations and decision-making, especially in the context of couples. The conversation also touches on the significant wealth transfer occurring as women inherit more wealth and the importance of holistic financial planning that aligns with personal goals and values.

About Eric

Eric Blake is a Certified Financial Planner (CFP®) and the founder of Blake Wealth Management, specializing in helping women navigate retirement with confidence. With 25+ years of experience, Eric provides clear, practical strategies that help women optimize their investments, create reliable income streams, and minimize taxes.

His personal passion for helping women stems from beingraised by a single mother and grandmother being widowed at 62, providing a deep understanding of the financial challenges many women face later in life.

As the host of The Simply Retirement Podcast, Eric educates and empowers women to take control of their financial future.

Key Takeaways

• Optimizing investments for retirement is different than strategizing for an accumulation portfolio. Planning for retirement starts with determining what is most important to you.
• Not prioritizing women a failure of the financial services industry. 70% of women change their financial advisor within 12 months of losing their husband when he passes away.
• If you are married woman, make sure you are part of the financial conversation. Be willing to ask hard questions.
• Women are set to inherit approximately $30 to $34 trillion in the next few years and will potentially control as much as 67 % of the stock market wealth in the U.S.