What “The Golden Girls” teaches us about personal finance

Growing up, I remember watching reruns of “The Golden Girls” with my mom. Not enough life insurance For both Blanche and Rose, their husbands clearly didn’t have enough life insurance to cover the women’s living expenses after they died. “They would be in what is called the ‘black-out period,’ not qualifying for survivor benefits and not old enough for widow benefits,” said financial planner Megan Kopka, CFP, RLP of Kopka Financial. “I recommend that women have a variety of different accounts, such as retirement plans or IRAs, as well as investments that are not tax-advantaged so that they have flexibility when they need money,” Laura J. Cook, CFP Flourish Financial Life Planning LLC. In one episode, Rose finds out that her husband’s company’s pension is going away, which means she either needs to find cheaper living arrangements or a better-paying job.