Turning 60 is a scary experience for a lot of women. Unlike other birthdays, we are not worried about “getting old.” We are not concerned about a few more wrinkles or the fact that we have gained a few extra pounds. No, the issues that we face as we enter our 60s are deeper.
I recently heard it called The Honeymoon Phase. If you’ve chosen to work less or have left your work life behind altogether, you might recognize it.
‘It’ is that first stage of retirement that can last a few months or a few years.
My first week into the transition stage has brought with it a full range of emotions. It started well with a three-day weekend of golf. But I then asked myself, “Does having a three-day weekend have a meaning anymore?”
Yesterday was my last day of ‘official’ employment! I am now entering the first stage of retirement, or some might say, the “twilight zone.”
I opened up my computer and found that my company email had been blocked, my calendar had changed, and all contacts had been erased. But I also had an outpouring of well-wishes on my Facebook page that was very encouraging.
This is not an article about how to trick the Medicare system. I’m not going to suggest that you move abroad to save money on your health care costs. I don’t have a multi-level marketing (MLM) program for you to join or a magic pill that will suddenly solve all of your financial problems. I also can’t help the fact that many of your health care costs will be unavoidable, no matter how much you take care of yourself.
My husband, with the help of his eldest son, finally decided to tackle his mother’s storage unit. A task long dreaded, yet long overdue.
If you want to have enough money to retire comfortably, the experts have some simple advice: make a plan, start early, live frugally and let compound interest work for you by investing in the stock market for 40 years. At the end of all of this, you will be able to retire in style!
I’m not embarrassed by the fact that I crave human contact. Unlike my kids, who seem like they could be perfectly happy floating through space in a lonely little metal capsule, I need people around me to thrive.
Women in their 60 are facing many challenges as they make the transition from traditional work environments to independent lifestyles. In addition, the landscape for making money after 60 is shifting, especially for those who do not have savings or long-term financial security.