We recently celebrated my dad’s 85th birthday, and my mom will turn 80 in January. They live in their own home and are managing their day-to-day activities and financial affairs with admirable fervor and zest.
Realizing that you haven’t saved enough for retirement is one of the worst experiences in the world. You worry about how you will support yourself in retirement. You start to fear getting sick in your old age. You may even start to suffer from feelings of guilt or regret as you look back at all of the bad financial decisions that you made in your life.
When I asked the women in our community to share their advice for younger women, a surprising number recommended that their younger sisters keep a separate bank account from their husbands.
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.
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.
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.
It is 97 degrees out today, and a girlfriend and I are getting on the river. I am blessed to live in the Roaring Fork Valley of Colorado, with outdoor amenities at my fingertips.
It is very important to understand exactly what Medicare benefits are, so you can be prepared to pay the deductible and any co-payments, plus the uncovered services.
What’s the point of writing an article about the evils of playing the lotter for older adults? Surely, by the time we reach our 50s and 60s, we have learned that gambling is the absolute worst way to get rich.
Money, in our world, is a very important asset. Could money be defined as something other than paper bills and coins? Join us in discussion with financial advisor Allan Roth, who shares great insight on managing our money past the age of 60. Enjoy the show!