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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.

4 years ago

4 Retirement Crushing Mistakes We Make in Our 50s and 60s and How to Avoid Them

When we think about retirement planning mistakes, most of us think of things like “not starting to save young enough,” “taking on too much debt,” “not buying a house,” or “not saving 10%.” What these mistakes have in common is that they are all things that we do (or don’t do!) in our 20s, 30s and 40s. Read More

4 years ago

3 Reasons to Rent Your Home on Airbnb in Retirement (No-One Thinks of #2!)

Airbnb’s shift to older demographics makes great business sense. After all, it’s no secret that Millennials are struggling to get onto the property ladder. If Airbnb wants to grow, it will need to convince new groups – from parents to grandparents to let strangers into their homes…

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4 years ago

4 Major Red Flags that Could Spell Trouble with a Financial Planner in the Years Before Retirement

When we are in our 20s and 30s, most of us take a pretty random approach to managing our money (or not managing it as the case may be.) But, the older we get, the more we realize that we need unbiased, professional financial advice to prepare for retirement…

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4 years ago

How Selling Your Car When You Retire Could Give You $70K When You Need it Most

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…

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4 years ago

How to Make Extra Money FAST in Retirement ($100-500 More Per Month, Without Working!)

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…

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4 years ago

3 Ways Getting a Roommate After 60 Can Lead to a Richer Retirement

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?

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4 years ago

Why I Hate the Term “Jobs for Seniors”… But Embrace the Idea of Working in Retirement

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…

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4 years ago

Sharing These 4 Money Mistakes Will Kill My Image as “Super Grandma” (But, I’ll Do it Anyway!)

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…

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4 years ago

Why You May Live to 120… and 4 Implications for Your Retirement Plan

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…

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4 years ago

Life After Retirement: Is Health More Important than Wealth?

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