It’s not difficult to see why reverse mortgages for seniors have become so popular of late.
For starters, most of us are approaching retirement with less money in the bank than we hoped for. This is partially due to the Great Recession eating into our savings, although, if we are honest with ourselves, we probably share part of the blame for not putting more away when we could.
Historically speaking, your financial adviser’s job has always been to help you reach your financial goals. If you wanted to retire, travel or buy that vacation home, you were only to set your goal, and your adviser would tell you how to get there.
These days, marketing a service is about establishing your presence and building trust on the Internet. In the past, you would demonstrate your product to an audience and they decided whether they wanted to purchase or not. Now there is little face-to-face contact as we cross global borders.
Women over 60 have a strong independent streak. When we were younger, we used the word “freedom” carelessly. In many ways, it defined our lifestyle. We were free to wear bohemian clothing, free to travel where the wind took us and free to choose unconventional lifestyles.
I’m not sure why, but, it seems like older adults are routinely the target for scams of all kinds. Maybe criminals have simply fallen for the same aging stereotypes as everyone else and believe that we are easy targets. Or, perhaps they rightly assume that, statistically at least, we have more money to spend.
More than almost any other phase in our lives, our 60s are a time of transitions. At Sixty and Me, we like to focus on the emotional aspects of life after 60 – reinvention, making friends as an adult and overcoming your fears.
The core principles behind automating your finances are not new. In fact, if your parents ever put their coins in little jars labelled “vacation,” “emergency,” and “savings,” you’ve seen the basics of financial automation at work.
I’ve been thinking about retirement a lot lately. Like many women in our community, I don’t see myself slowing down any time soon. This year, I turn 70, so, I reached retirement age quite a while ago. But, as a freelance consultant and the founder of Sixty and Me, it feels like I am working harder than ever.
Few beliefs are as harmful when it comes to starting a business than the “I saw no-one was doing it” myth. We’ve all seen the interviews…
A 20-something start-up founder in a hoodie is talking publicly about his company for the first time. He explains that his company came into being because he personally had a need that no-one was filling.