Managing Money

As we age, our financial priorities and needs change. Once you reach the age of 60, it’s crucial to take a step back and evaluate your current financial situation to ensure that you’re on track for a comfortable retirement…

Just before the end of 2022, the SECURE 2.0 Act of 2022 was signed into law as part of the Consolidated Appropriations Act of 2023. One of the changes included in the Act delays the age for required minimum distributions from IRAs…

Increasingly, we see the 50+ generation turning their hand to running their own business. For some, it is because ageism has blocked their access to mainstream employment, but for the vast majority…

A recession is a big drop in economic activity that happens all over the economy and lasts more than a few months. In real life, a recession is when unemployment increases, more businesses fail, and the economy is generally in bad shape…

Sometimes inspiration comes from unexpected places. One morning, I was working on this post, but the concepts weren’t gelling. Rounds of writing, editing, deleting and starting again from scratch ensued…

For many women, the years after 60 are dominated by the transition into retirement. Finally, all the savings and investing you’ve been doing for decades feel real. Your last day at the office isn’t out of reach; you can start pulling money…

Looking for a job in your 60s can be a real challenge. For starters, you may not have expected to be in a position to have to look for work at this age. A six-year increase to the women’s state pension age in less than 10 years is a huge shift…

The last quarter of the year can become quite stressful, especially for those of us over 60. In some parts of the world, October is filled with more outdoor events with family and friends because the weather turns cooler while the sun is still generous…

In any relationship, there is division of labour – one partner will probably do most of the cooking, the other will probably do most of the car-related stuff, and so on…

In the case of a divorce, it may seem obvious why you don’t want the same financial advisor as your husband, but things get murkier when you’re talking about the assets you and your husband own together as you both age. Here are some reasons…