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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.

11 years ago

So, You’re Ready to Sell Your Crafts Online – Here’s How to Market Them

In previous articles, we have discussed many aspects of selling your handmade items online. First, we started with an explanation of how to improve your crafting skills. Then we discussed how to decide which items to create. In the last article we covered where to sell your items online…

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11 years ago

Starting a Business After 50 (Part 4): Setting Up Your Website

Talking with the other members of our community, I am amazed by how many good ideas people have for businesses. Even more surprising is how few of these ideas ever become reality.

It’s not that older adults are lacking energy or drive. Read More

11 years ago

How to Start a Business After 50 (Part 3): Refining Your Idea

Let’s start with some good news. If you have taken the time to identify your strengths and brainstorm business ideas, you’re already ahead of 90% of people who dream about starting a business. While others fantasize about financial security, you have taken action. By now, you should have a rough idea of the kinds of business opportunities that you are interested in. Now it’s time to refine your ideas so that they can form the basis of your profitable business. Read More

11 years ago

What Starting Eternal Collection Taught Me About Business… and Life

In a previous article, I discussed how I came to start Eternal Collection, my costume jewellery company, based in the U.K. Looking back, it is amazing how the evolution of Eternal Collection was influenced by – and influenced – almost every aspect of my life. It has been an amazing journey! Read More

11 years ago

What All Women Entrepreneurs Need to Know About Starting a Business

Every year, thousands of people take that first brave step and set up their own business. These people are from all walks of life. Contrary to popular stereotypes, many first-time entrepreneurs are in their 50s and 60s.

It’s always heartening to hear stories of entrepreneurs starting from scratch and doing well. Though anyone who runs their own business will understand how much effort it takes to get a new venture off the ground. I hope that my own entrepreneurial story will encourage the other women in the Sixty and Me community to follow their passions. Read More

11 years ago

Are Boomers Optimistic About their Financial Future? The Answer May Surprise You!

Let’s start with a simple question. Are baby boomers ready for retirement? In a word, no. If we define “retirement” as an extended period of living off of our savings, baby boomers are most definitely not ready for retirement. In fact, according to a report by Charles Schwab, 43% of baby boomers have saved less than $25,000 for retirement. That’s not small change, but, it’s insignificant compared to the cost of living over 20-30 years. Read More

11 years ago

How to Find the Best Place to Sell Your Handmade Items Online

In previous articles, I covered how to improve your crafting skills and how to decide which items to produce. If you have already followed this advice, you should already be well on your way to building a successful business. Now, I would like to take a look at another critical step in the process – deciding how and where to sell your handmade items online. Read More

11 years ago

Why “The Four Hour Workweek” Should be Required Reading for Pre-Retirees

By now, you’ve probably already heard of Tim Ferriss, the author of the New York Times Best Seller “The Four Hour Workweek.” If so, you may have the impression that Tim Ferriss’ advice is mostly aimed at people in their 20s and 30s who want to quit their job and travel around the world. Read More

11 years ago

How Comfortable Do You Feel with Your Retirement Savings?

Baby boomers have diverse opinions about what makes the “perfect retirement”. In fact, most of us aren’t planning on retiring at all, at least in a traditional sense. Instead, the majority of baby boomers say that they want to continue to work past retirement age, either in their existing job or by starting a new career. The rest are looking forward to taking a well-deserved break after decades in the workforce. Read More

11 years ago

Paying Off Your Mortgage Early Could Be Making a Mistake

Most baby boomers dream of owning their home in retirement. Whether they plan on staying put or moving to a new country, they find the idea of owning their home “free and clear” extremely comforting. Read More