This is a difficult article for me to write. After all, I’m not writing from a position of strength. Like many of the 1000s of baby boomer women I have talked to since starting Sixty and Me, I made all of the financial mistakes below.
When our careers are in full swing, we don’t think about the importance of jobs for retirees. Either we assume that we will save enough money to live in comfort in the “best years of our lives” or we look forward to enjoying our freedom in retirement, without working, even if it means cutting back on luxuries.
Women are more likely than men to underrate themselves when it comes to investing. Yet women are usually in charge of household budgets, are more willing to save for the long-term and are better bargain hunters.
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.
In a previous blog, I offered some points to consider when you decide to become an entrepreneur in retirement. This time I would like to look at the qualities that make a successful entrepreneur.
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.
At this point in my life, I like to believe that I pretty much know what I think about professional reinvention. As a veteran of several career changes, I’ve given a lot of thought…
Retirement can usher in a variety of mixed emotions with our financial stability being at the top of our list of concerns. Who can we trust? How should we manage our money? How can I feel financially secure?
Join in our discussion as we ask these questions and more to financial expert Pam Krueger who has some great advice for women in retirement. Enjoy the show!
As people age, happiness is often based on connections with family and friends. Some of us may not have those ready-made ties and perhaps need to look elsewhere to stay active and engaged. Having a job may be the answer. But I often hear seniors say, “I can’t work. I’ll lose my Social Security.”
Did turning 60 impact you like it did me? Despite bracing myself for depression, based on warnings by friends who hit the milestone before I did, somehow, I escaped unscathed…