Managing Money

When I ask people in their 60s what they are most looking forward to in retirement, you would be surprised by the number that say, “Not having to commute!” As someone who spent 2 hours a day traveling between Seattle and Redmond, I totally…

So, you’ve retired. Congratulations! All that’s left to do now is to book a tee time and sit in front of your pool with a glass of champagne in one hand and the Sunday Times in the other. Yeah right! Unless you are one of the “lucky” few who have saved millions…

I can’t quite remember what caused me to part ways with my last roommate. It was 50 years ago and I have a vague memory of an unannounced party, a broken window and… finding my dog covered head to toe in ice-cream and hot fudge sauce?

If you look up “jobs for seniors” on Google, you are likely to find dozens of articles with jobs that require no experience are easy to do part-time and that you can do at home. While there is no doubt that these attributes are appealing to some retirees, overall, I believe…

Like most children, my grandkids think of me as a superhero. I am a bringer of gifts and laughter. I am their “baba with a backpack” who Skypes them from mountain tops and cruise ships, desert villages and London hotels…

One of the most important numbers that we need to consider as we build our retirement plans is our life expectancy. After all, our expectations regarding how long we are going to live influence everything…

If you listen to the media, getting ready for life after retirement is all about how much money you can stash away. So, like squirrels, we run around, burying nuts all over the garden, hoping that they will last us through the winter. Then, when we reach retirement (or semi-retirement), we realize that money isn’t everything. Read More

If the lifestyle gurus are to be believed, starting a side-hustle is one of the surest paths to wealth at any age. But, on the whole, it is Millennials who have truly embraced the “Four Hour Workweek” and similar books.

Rejecting yesterday’s conventional wisdom – “Do well in school, go to college, get a good job, work hard for 45 years and retire” – younger workers are embracing freelancing, following their passions and planning their next job during the orientation for their current one. Read More

When we think about retirement planning, most of us have a big fat number in our minds – how much money have we saved? Or, not saved, as the situation may be. In reality, while saving for retirement is important, it is far from the only issue that we face in our 50s…

This seems to be the question of the day from most anyone who has an investment portfolio and has watched it cave during the past month. Here are five thoughts and ideas to consider for managing…