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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.

11 years ago

How Comfortable Do You Feel with Your Retirement Savings?

Baby boomers have diverse opinions about what makes the “perfect retirement”. In fact, most of us aren’t planning on retiring at all, at least in a traditional sense. Instead, the majority of baby boomers say that they want to continue to work past retirement age, either in their existing job or by starting a new career. The rest are looking forward to taking a well-deserved break after decades in the workforce. Read More

11 years ago

Paying Off Your Mortgage Early Could Be Making a Mistake

Most baby boomers dream of owning their home in retirement. Whether they plan on staying put or moving to a new country, they find the idea of owning their home “free and clear” extremely comforting. Read More

11 years ago

Working After Retirement – “Great Idea” or “Give Me a Break?”

The concept of “retirement” has become deeply ingrained in many aspects of society. Thanks to decades of marketing from financial services companies, not to mention governments around the world, most of us have come to see retirement as an expectation, if not a right. Read More

11 years ago

Do We Really Need a Retirement Age? Or Are We Shooting Ourselves in the Foot?

On the surface, having a retirement age is a fantastic idea. Who could argue with the concept that, after decades in the workforce, people should be able to relax and enjoy the fruits of their labor? Read More

11 years ago

Boomers Are Masters of Career Reinvention. Now it’s Time for an Encore

Baby boomers have always been masters of reinvention. In every decade of our lives, we have challenged the status quo and lived life on our own terms. Some have accused us of being selfish for exactly this reason. But, deep down, our attempts to reinvent ourselves were rooted in our desire to get the most from life. Read More

11 years ago

Older Workers Having a Tough Time Getting Their Groove Back, AARP Survey Says

The Great Recession, which officially lasted from December 2007 to June 2009, was hard on older workers. In the years following the financial crisis, people from all walks of life struggled to find work – and those lucky enough to have savings found them greatly depleted. The good news is that, on paper, the economy is on the mend. Read More

11 years ago

Making Money from Your Crafts – How to Decide What to Make and Sell

In a previous article, I discussed how to improve your craft skills so that you can get ready to sell your handmade items online. But, once you feel like you have reached a certain level of proficiency, the question still remains – what should you produce? Read More

11 years ago

Older Entrepreneurs Are the New Normal – But, the World Still Doesn’t Know it!

If you think about the word “entrepreneur,” what image springs to mind? Maybe you thought of the actor who played Marc Zuckerberg in the film, “The Social Network”. Or, perhaps you imagined Bill Gates, Steve Jobs or another young technology genius, who started a technology empire from his or her basement. You probably didn’t think of a retired 57-year old tax consultant from St. Louis. If so, your instinct was way off. Read More

11 years ago

Celebrate You! What’s the Best Thing You Bought Yourself This Year?

Shopping is a necessary part of life and, by the time we turn 60, we are pretty good at it. We know what we like, what make us happy and, for the most part, we know where to go to get it! Read More

11 years ago

Fun Jobs for Seniors: How to Sell Your Handmade Items Online

A lot of women in their 60s would love to make a little extra money on the side, preferably doing something they love. Unfortunately jobs for seniors are hard to come by these days.

Besides, after decades trying to climb the corporate ladder, many of us are reluctant to start something too serious. At the same time, we would like to earn some “fun money” for travel, gifts and little luxuries. The question is – where should we start? Read More