sixtyandme logo

Managing Money

Managing your money in retirement is just as important as making it. Money gives us the ability to live a good life and maintain a healthy lifestyle. Let's explore the world of encore careers, jobs for seniors and small business success.

1 year ago

Could a Side Hustle Gig Provide More Financial Peace of Mind in Your 60s?

Traditional jobs are no longer the sole source of income for many. According to a recent Bankrate study, more than 44 million Americans are engaged in some type of ‘side hustle’ income endeavor…

Read More
1 year ago

I’m Not Cheap, I’m Financially Strategic: 9 Weird (and Not So Weird) Ways to Retire Without Selling a Kidney

Hello readers. Welcome to my third installment investigating my ongoing battle with Valulosis (patent pending), the affliction that makes us cling to things because they might be valuable someday.
First, there was my dad, who refused to part with his…

Read More
1 year ago

A New Career Path in My 60s

The post-divorce era is no doubt a time for reflection, certainly a time of change, and likely a crossroads of where one has been, and what comes next. Sage advice is not to make any major life changing decisions for at least a year after…

Read More
1 year ago

5 Reasons Why Boomers Want to Work in Retirement

If I asked you to provide some reasons as to why many Boomers want to continue working in retirement, the most frequent answer would be, “for the money.” I don’t doubt that is the main motive, but I would like to further…

Read More
1 year ago

Two Common Misconceptions About Savings

One common misconception about savings I hear bandied around a lot is that you have to have a LOT of it to have a safe, secure future. This belief often leads to financial paralysis, where people either feel overwhelmed and don’t start saving at all, or they stash money…

Read More
1 year ago

9 Tricks to Help You Manage Your Finances for the First Time After 60

The days of one spouse taking charge of the family finances are long gone, right? I wish that was the case. Over the years, I’ve edited a number of books aimed at helping women master the basics of personal finance and investing…

Read More
1 year ago

The One Trick to Overcoming Financial Procrastination

Jokingly, we have all heard, and then chuckled, the phrase, “Why do today what you can put off until tomorrow?” We call that procrastination. Wikipedia’s definition of procrastination is the act of unnecessarily postponing something despite knowing that there…

Read More
1 year ago

Rebuilding Your Wealth When Divorce Makes You Broke

On top of the emotional roller coaster of a divorce, it can also be costly. According to Nolo, the average cost of a divorce is $10.6k, which can take a substantial amount of money out of your pocket. Don’t lose hope if you’ve recently…

Read More
1 year ago

Helping Adult Children Financially – Education

Many parents help their children with education costs. Virtually, all parents pay for any K-12 costs. However, when it comes to post-secondary education, support depends not only on parental ability to pay but also on each family’s philosophy on how much cost older…

Read More
1 year ago

Is It Better to Save Money or Pay Off Debt?

The stress of choosing between paying off debt and building savings can wreck your sleep. You’re juggling your all-day, every-day bills, trying to pay down that remaining debt, WHILE saving for your future. It’s A LOT to think about, and hard to know…

Read More