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Managing Money

Managing your money in retirement is just as important as making it. Money gives us the ability to live a good life and maintain a healthy lifestyle. Let's explore the world of encore careers, jobs for seniors and small business success.

5 years ago

Starting a Side Business is Like Baking a Cake: Your Passions Are the Ingredients, But, You Still Need a Recipe

One of the great things about starting a side business in your 50s or older is that you already have a pretty good idea of your skills, experiences and passions. If you haven’t taken the time to document these aspects of your life, don’t worry! I’ll give you some brainstorming tips in a second. Read More

6 years ago

Reverse Mortgages for Seniors: Legal Robbery or Legitimate Option?

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. Read More

6 years ago

Want to Start a Business After 60? Ask Yourself these 5 Questions First!

Women over 60 have a strong independent streak. When we were younger, we used the word “freedom” carelessly. In many ways, it defined our lifestyle. We were free to wear bohemian clothing, free to travel where the wind took us and free to choose unconventional lifestyles. Read More

6 years ago

Multi-Level Marketing vs. Pyramid Schemes: How to Tell the Difference

I’m not sure why, but, it seems like older adults are routinely the target for scams of all kinds. Maybe criminals have simply fallen for the same aging stereotypes as everyone else and believe that we are easy targets. Or, perhaps they rightly assume that, statistically at least, we have more money to spend. Read More

6 years ago

Recently Retired? What Advice Would You Offer Your Younger Sisters on Saving for Retirement?

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. Read More

6 years ago

What Advice Would You Give Your Younger Self About Saving for Retirement?

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. Read More

6 years ago

Starting a Business in Your 60s? Forget the “I Saw No-One Was Doing it” Myth!

Few beliefs are as harmful when it comes to starting a business than the “I saw no-one was doing it” myth. We’ve all seen the interviews…

A 20-something start-up founder in a hoodie is talking publicly about his company for the first time. He explains that his company came into being because he personally had a need that no-one was filling. Read More

6 years ago

Annuities for Seniors: Profitable or Pitfall?

Annuities seem to be the prized product of many insurance agents and brokers, but are they a wise investment? We ask a financial advisor and investing expert for the facts. Enjoy the show! Read More

6 years ago

The Advantage of Being an Older Worker: Exploring What Women Over 60 Bring to Businesses

It was a lively bunch. The 12 people in my class were from a smaller company that provides conference services. It had recently been purchased by a much larger global corporation in November 2016. Read More

6 years ago

Don’t Be Shocked When You Find Out What Happens to Your 401K and IRA After Retirement

You’ve been saving money in your 401K for most of your adult life. Now that you’re retiring, what happens to that money? Join us in discussion with financial expert Pam Krueger who says that taking control of your money in retirement is as easy as 1-2-3. Enjoy the show! Read More