Managing Money

Most of us dream of starting a passion business at least once in our lives. Perhaps you love backing and have always wanted to open a bakery or coffee shop. Or, maybe you love collecting stamps and have considered buying and selling them on eBay.

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The idea that investors should be more conservative with their money as they get a little older is based on solid investment wisdom. After all, the last thing you want to happen one year before retirement is for your life savings to go up in smoke during a market correction. Read More

My trembling left hand held a cup of green tea as my right dipped into a box of Kleenex. I had long ago stopped wearing eye makeup (too expensive!) but if I had been wearing mascara, it would have been all over my cheeks by now. It had been a tough few years…

Many people have a specific cause that pulls the strings of their heart. But can you make money while investing in such a cause? Join us in conversation with financial expert Pam Krueger who has the answers those questions. Enjoy the show! Read More

A few weeks ago, I told you about a conversation that I had with a good friend of mine about the ability of older entrepreneurs to succeed. In our first argument, she claimed that older adults simply don’t want to start businesses… and, even if they did, they wouldn’t have the creativity, drive and passion to kill it in the marketplace. Read More

What did your parents tell you about the path to success in America? If you are like most of the 50 and 60-year-olds that I have spoken with, the answer is probably “Not much. I had to figure it out by myself” or “They told me to work hard, finish school, get a job with a good company and stick with it as long as possible.” Read More

Money is a hot-button topic.  Most people would rather admit to having an affair than that they have credit card debt! So, I set out to find an expert who could offer no-nonsense advice, just for women over 60. Kerry Hannon is just such an expert. Read More

Like many – dare I say MOST successful entrepreneurs – I started my side business way before I left my corporate career behind. Already in my early 60s, I could see that my days of working for a large company were numbered. At the same time, I wasn’t in a hurry to give up my steady paycheck. Read More

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

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