Financial Planning Tips for the Sandwich Generation
From the Sandwich Generation Survival Guide podcast with Candace Dellacona:
In this episode of The Sandwich Generation Survival Guide, host Candace Dellacona is joined by financial planner and author Sherry Finkel Murphy. They discuss the unique challenges of the 'Triple Decker Sandwich Generation,' a term coined to describe the multitasking demands of caring for aging parents, children, and grandchildren simultaneously. Sherry shares her experiences and strategies for managing these responsibilities, emphasizing the importance of stopping self-reproach, advocating for oneself and planning wisely.
Highlights include the significance of 'radical flexibility,' the concept of a 'Forget You Fund' for financial independence, and ways to find joy and self-care amidst multigenerational obligations. Sherry also delves into the historical context of increasing life expectancy and its impact on family dynamics, offering practical advice for living a fulfilling life even when caught between generations.
In this episode of The Sandwich Generation Survival Guide, host Candace Dellacona is joined by financial planner and author Sherry Finkel Murphy. They discuss the unique challenges of the 'Triple Decker Sandwich Generation,' a term coined to describe the multitasking demands of caring for aging parents, children, and grandchildren simultaneously. Sherry shares her experiences and strategies for managing these responsibilities, emphasizing the importance of stopping self-reproach, advocating for oneself and planning wisely.
Highlights include the significance of 'radical flexibility,' the concept of a 'Forget You Fund' for financial independence, and ways to find joy and self-care amidst multigenerational obligations. Sherry also delves into the historical context of increasing life expectancy and its impact on family dynamics, offering practical advice for living a fulfilling life even when caught between generations.
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Decoding Retirement
From the Decoding Retirement podcast with Robert Powell:
For the first time in history, four generations are living contemporaneously. And this Triple Decker Club Generation brings both challenges and opportunities for Women of a Certain Age(ncy).
Recently, I was a guest on “Decoding Retirement,” a Yahoo! Finance podcast hosted by Robert Powell, CFP®, RMA®. During our time together, I explained
How and why the Sandwich Generation has become the Triple Decker Club Generation, and
How changes in family dynamics, a productive “year of not saving,” the evolution of multi-generational living and longevity planning can shape and drive a successful second half.
For the first time in history, four generations are living contemporaneously. And this Triple Decker Club Generation brings both challenges and opportunities for Women of a Certain Age(ncy).
Recently, I was a guest on “Decoding Retirement,” a Yahoo! Finance podcast hosted by Robert Powell, CFP®, RMA®. During our time together, I explained
How and why the Sandwich Generation has become the Triple Decker Club Generation, and
How changes in family dynamics, a productive “year of not saving,” the evolution of multi-generational living and longevity planning can shape and drive a successful second half.
Listen Here
Money Moves for Modern Midlife Women
From the Blueprint Breakers podcast with Amy A. Palmer:
Sherry shares her inspiring journey of career reinvention and provides valuable insights into financial planning for women, especially as they enter their 50s and beyond. We discuss the importance of maintaining a positive mindset, investing in health, and planning flexible career moves to ensure financial stability. Sherry also debunks some common financial myths and offers practical advice on how to avoid making costly mistakes. Tune in to discover how you can take control of your financial destiny and make the most of the years ahead.
Recently, I was a guest on Amy A. Palmer’s podcast, “Blueprint Breakers.” During the episode, titled “Money Moves for Modern Midlife Women,” we discussed a number of issues affecting Women of a Certain Age(ncy).
From Amy’s recap:
“Sherry shares her inspiring journey of career reinvention and provides valuable insights into financial planning for women, especially as they enter their 50s and beyond. We discuss the importance of maintaining a positive mindset, investing in health, and planning flexible career moves to ensure financial stability. Sherry also debunks some common financial myths and offers practical advice on how to avoid making costly mistakes. Tune in to discover how you can take control of your financial destiny and make the most of the years ahead.”
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Financial Security After 50
From the Aging With Purpose & Passion podcast with Beverley Glazer, Episode #118:
Recently, Beverley Glazer invited me to speak about financial security over 50 on her podcast, “Aging With Purpose & Passion.”
Beverley is an experienced Coach, Mentor and Therapist who is on a mission to shatter the stereotype that women over 50 are invisible, that we should step aside, and that our value diminishes with age. You can find out more about Beverley at reinventimpossible.com.
Beverley and I discussed ways in which women can work toward a successful second half.
As Women of a Certain Age(ncy), it’s time we take control of our financial future and our health span. This episode offers critical steps you can take TODAY to build a tremendous second half.
From the Aging With Purpose & Passion with Beverley Glazer, Episode #118:
Recently, Beverley Glazer invited me to speak about financial security over 50 on her podcast, “Aging With Purpose & Passion.”
Beverley is an experienced Coach, Mentor and Therapist who is on a mission to shatter the stereotype that women over 50 are invisible, that we should step aside, and that our value diminishes with age. You can find out more about Beverley at reinventimpossible.com.
Beverley and I discussed ways in which women can work toward a successful second half, specifically:
· my journey into financial planning and for women, including my early influences;
· the role of personal narratives in transforming financial education;
· overcoming ageism and redefining professional paths;
· key steps to financial wellbeing and independence;
· the power of storytelling in financial education, and
· practical advice to help women achieve financial independence
As Women of a Certain Age(ncy), it’s time we take control of our financial future and our health span. This episode offers critical steps you can take TODAY to build a tremendous second half.
Planning Multigenerationally
From the Women Making Moves Podcast with Amy Pons:
We don't need to empower women, they are already powerful...we just need to show them how to flex it.
Amy and Sherry discuss the challenges faced by women in their later years, particularly in balancing caregiving responsibilities and planning for their own financial futures. They emphasize the importance of teamwork, support, and intergenerational relationships in achieving personal and financial goals, and highlight the need for modernization and updates in various aspects of life, particularly in finance, policy, and law.
They also discuss the importance of elder planning, generational responsibility, and the need for individuals to plan for their future, particularly in terms of financial security and the transfer of wealth.
From the Women Making Moves Podcast with Amy Pons:
We don't need to empower women, they are already powerful...we just need to show them how to flex it.
Amy and Sherry discuss the challenges faced by women in their later years, particularly in balancing caregiving responsibilities and planning for their own financial futures. They emphasize the importance of teamwork, support, and intergenerational relationships in achieving personal and financial goals, and highlight the need for modernization and updates in various aspects of life, particularly in finance, policy, and law.
They also discuss the importance of elder planning, generational responsibility, and the need for individuals to plan for their future, particularly in terms of financial security and the transfer of wealth.
Hit play now and start designing a vibrant, financially secure, and fulfilling next chapter—because you’re not done yet
How to Redefine Success & Confidence During Career & Life Transitions
From the Midlife Reinvention Podcast (Episode #175):
What if your next 40 years could be your best yet? Are you ready to Redefine Success & Confidence during your career & life transitions?
Many women over 50 feel stuck between outdated retirement narratives and the pressures of family and career transitions. But what if midlife wasn’t an ending—what if it was a powerful new beginning? In this episode, financial expert and career reinventionist, Sherry Finkel Murphy, shares how to reframe aging, embrace financial freedom, and confidently step into the next chapter of life.
From the Midlife Reinvention Podcast (Espisode #175):
What if your next 40 years could be your best yet? Are you ready to Redefine Success & Confidence during your career & life transitions?
Many women over 50 feel stuck between outdated retirement narratives and the pressures of family and career transitions. But what if midlife wasn’t an ending—what if it was a powerful new beginning? In this episode, financial expert and career reinventionist Sherry Finkel Murphy shares how to reframe aging, embrace financial freedom, and confidently step into the next chapter of life.
In this episode you will learn:
✅ A Fresh Perspective on Aging – Learn why you still have decades ahead to build, grow, and thrive.
✅ The ‘Year of Not Saving’ Strategy – Discover a counterintuitive financial tip that could set you up for long-term success.
✅ How to Build a Life You Love – Practical steps to invest in your health, career, and finances without fear or regret.
Hit play now and start designing a vibrant, financially secure, and fulfilling next chapter—because you’re not done yet
Global Woman Magazine
December 2024 Issue
Sherry is profiled in the magazine article, Not Young Not Done, explaining the origin of Madrina Molly™, the practical application of financial and longevity planning to women as they turn 50, and how women want to think about the last big push of their careers.
Focusing on the Triple-decker Club Sandwich Generation, she describes why “The Year of Not Saving” might make good financial and logistics sense; and how robo-advisors will pick up a lot of the financial investment heavy lifting in the future. Sherry describes what she’s most proud of and how she walks her talk by living out loud the recommendations she makes for members of the Madrina Molly Community.
Read the article here:
December 2024 Issue
Sherry is profiled in the magazine article, Not Young Not Done, explaining the origin of Madrina Molly™, the practical application of financial and longevity planning to women as they turn 50, and how women want to think about the last big push of their careers.
Focusing on the Triple-decker Club Sandwich Generation, she describes why “The Year of Not Saving” might make good financial and logistics sense; and how robo-advisors will pick up a lot of the financial investment heavy lifting in the future.
Sherry describes what she’s most proud of and how she walks her talk by living out loud the recommendations she makes for members of the Madrina Molly Community.
Read the article here:
I’m In With the ARCC
Adirondack Regional Chamber of Commerce - September 22, 2024
Sherry shares with ARCC Marketing Director, Amanda Blanton the motivation to create Madrina Molly™. She shares why it’s so important that, having achieved her financial freedom, Sherry doesn’t want to pull up the ladder on other women.
This is the ‘origin story’ and it comes from the heart. Sherry and Madrina Molly™ are on a mission to help Women of a Certain Age(ncy) achieve their financial goals, prepare for longevity, and get a good night’s sleep.
Adirondack Regional Chamber of Commerce - September 22, 2024
Sherry shares with ARCC Marketing Director, Amanda Blanton the motivation to create Madrina Molly™. She shares why it’s so important that, having achieved her financial freedom, Sherry doesn’t want to pull up the ladder on other women.
This is the ‘origin story’ and it comes from the heart. Sherry and Madrina Molly™ are on a mission to help Women of a Certain Age(ncy) achieve their financial goals, prepare for longevity, and get a good night’s sleep.
Communicate Your Way to the C-Suite
Women in Tech Conference - April 23, 2024
With 143 attendees, we had a great session at the WomenTech event. Focusing on the themes of "Here's how I can make you look good" and "Changing the rules to favor you" we established critical communication skills to enter and stay in the C-Suite.
Women in Tech Conference - April 23, 2024
With 143 attendees, we had a great session at the WomenTech event. Focusing on the themes of "Here's how I can make you look good" and "Changing the rules to favor you" we established critical communication skills to enter and stay in the C-Suite.
Succession Summit
As the flagship event of the Women’s Business Council, founded in 2019 by Sherry, this year’s agenda highlighted the importance of identifying the right people to optimize business owners’ chances to lead for years to come. Sherry detailed the execution of her own succession plan in exiting her practice, recommendations for leveraging outsourced expertise, and the art of the warm referral handoff.
Adirondack Regional Chamber of Commerce - May 16, 2024
As the flagship event of the Women’s Business Council, founded in 2019 by Sherry, this year’s agenda highlighted the importance of identifying the right people to optimize business owners’ chances to lead for years to come. Sherry detailed the execution of her own succession plan in exiting her practice, recommendations for leveraging outsourced expertise, and the art of the warm referral handoff.