Image

Managing Money in Retirement

No matter how much you have saved, managing money in retirement is critically important. Let’s talk about how to make your Social Security and pension money last longer.

Social Security Cut Because You Have a Pension? You’re Not Alone!
4 months ago

Social Security Cut Because You Have a Pension? You’re Not Alone!

Have you applied for Social Security benefits only to find that you will get less than you expected? Many government workers are shocked to learn they will get a lower payment when they retire. Read More

3 Social Security Myths Almost Everybody Believes
4 months ago

3 Social Security Myths Almost Everybody Believes

With their many twists and turns, the thought of trying to figure out Social Security policies can make your head spin. Myths abound about Social Security. Unfortunately, many people believe them.

Sadly, these myths can cost you big time. Read More

5 Secrets to Making Your Savings Last Longer in Retirement
5 months ago

5 Secrets to Making Your Savings Last Longer in Retirement

The thought of retirement can be scary. Not only are you consciously leaving behind the routine consistency you’ve had for upwards of 30 years, but you also lose some financial stability.

Saying goodbye to your income can be daunting and emotional. However, there are a few good ways to make your savings last longer in retirement. I would like to share my top six tips. Read More

5 Surprising Social Security Tips for 2017
5 months ago

5 Surprising Social Security Tips for 2017

The Cost of Living Adjustment (COLA) for this year is a disappointment, but the COLA is not the only increase in Social Security. There are other changes, but they didn’t get as much media attention as perhaps they should have. Read More

Lost the Love of Your Life? What Financial Advice for Women Over 60 Can You Share?
5 months ago

Lost the Love of Your Life? What Financial Advice for Women Over 60 Can You Share?

If you have been following Sixty and Me for a while, you know that we always try to focus on the positive aspects of aging. This is because so many of the things that people consider “challenges” about getting older are actually “opportunities.”

At the same time, there is no denying that some aspects of getting older are simply horrible. For example, nothing can quite prepare you for losing the love of your life. Even if your husband is sick for a long time, it’s hard to imagine life without him… until you are forced to. Read More

Colonel Sanders Started KFC at Age 65. What’s Stopping You from Starting a Business?
5 months ago

Colonel Sanders Started KFC at Age 65. What’s Stopping You from Starting a Business?

At the age of 65, Colonel Harland Sanders was facing a crisis. Like many older adults today, he was looking at an uncertain future. His restaurant had failed and he was left only with his savings and the prospect of a $105 monthly Social Security check. Read More

How to Save Money the Fun Way… By Taking the Retirement Spending Challenge!
5 months ago

How to Save Money the Fun Way… By Taking the Retirement Spending Challenge!

Have you ever thought, “I’ve got to get my spending under control?”

That’s just what I was thinking on a Saturday morning while going over bills. Somehow I’m always surprised at how all those little purchases add up. I’m 60. You’d think I would have figured this out by now. Read More

Financially, Millennials Have More in Common with Their Grandparents Than Us!
5 months ago

Financially, Millennials Have More in Common with Their Grandparents Than Us!

Our attitudes toward the important things in life – relationships, money, and careers – are shaped by the experiences we have in our youth. The Millennial generation – our kids, in other words – are demonstrating this in their attitudes toward saving, investing and real estate.

Check out this interesting article in The Motley Fool on the financial habits of Boomers versus those of their children. It gives us a whole new take on the term “sandwich generation.” Read More

The Millionaire Grandma: 7 Limiting Beliefs that Hold Us Back Financially After 60
6 months ago

The Millionaire Grandma: 7 Limiting Beliefs that Hold Us Back Financially After 60

What does it take to be a millionaire grandma? If you said, “having a million dollars in the bank,” you’re only half right. In fact, many women who reach this financial milestone won’t be able to live the lifestyle that most of us associate with being a millionaire… but, that’s a topic for another article! Read More

Why Strong Negotiating Skills Are Essential in Retirement
6 months ago

Why Strong Negotiating Skills Are Essential in Retirement

As we start to reach retirement age, many of us are facing a harsh reality. We simply didn’t save enough for retirement.

Some of us planned to continue working into our 70s, only to be pushed out by the very companies we dedicated ourselves to for decades. Others miscalculated how much money we needed to retire comfortably. Still others lost a significant percentage of our savings in the Great Recession. Read More