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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.

1 year ago

8 Passive Income Ideas for Women Over 50

Many women over 50 are looking for ways to boost their income without taking on a full-time job. Are you retired, semi-retired, or simply exploring new financial opportunities? Passive income can offer a reliable stream of earnings with less daily effort. These income ideas are ideal…

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1 year ago

5 Tax Savers Seniors Must Plan for in the July 2025 New “OBBBA” Law

Seniors can save money with tax provisions in the new “OBBBA” (“One Big Beautiful Bill Act”). The new law took effect on July 4, and it can save money for seniors in 2025 and future years. Here is how thoughtful tax and financial planning can help you keep more of your wealth…

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1 year ago

Magical Thinking Isn’t a Plan: Why Hoping You’ll Die First Doesn’t Count as Financial Preparation

I still recall an impactful conversation that took place several years ago, shortly after my book was published. While attending a community luncheon, I was seated at a round table with several couples. We exchanged pleasantries over salads and iced tea…

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1 year ago

Want to Become an Entrepreneur in Retirement? Here Are 5 Important Points You Should Consider

Many of us are turning our hands to starting a small business to supplement retirement income. This will probably pose no problems if you have been an entrepreneur previously – though few entrepreneurs retire!

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1 year ago

Social Security Benefits for Widows and Divorcees

Your husband may be out of the picture, but his Social Security could still be a part of your life. Whether you’re widowed or divorced, U.S. law may allow you to collect benefits based upon your former spouse’s work history. Here’s an overview of who’s eligible and how much money you could get…

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1 year ago

5 Ways to Tell if You Are Being Too Financially Generous with Your Adult Children

The U.S. economy expanded 1.6 percent in the first three months of 2021, compared with 1.1 percent in the final quarter of 2020. The economy shook off some of the lingering effects of the pandemic as consumers started spending again…

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1 year ago

How to Gain Financial Empowerment in Your 60s

Your 60s are a time of tremendous change. You may be preparing for retirement, entering retirement or recently retired. It’s a time where your finances may also be changing; a crossroads of sorts. So, what can you do with your finances…

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1 year ago

Removing Mental Blocks to Starting a Small Business After 50

Since starting Sixty and Me, I have had the opportunity to meet and interact with 100’s of talented, passionate older people. Many members of the community have the skills and experience to supplement their income in retirement – either as freelancers or business owners. So, I often wonder, why is it that so few men and women of my generation set out to supplement their income as they approach, or enter, retirement? The conclusion that I have come to is that most people allow their own mental blocks to prevent them from having the lifestyle that they want. Let’s explore some of the fears that older adults have as they think about how to supplement their income.

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1 year ago

What Every Woman Over 60 Should Know About Real vs. Financial Assets

You’ve worked hard, saved diligently, and now you’re stepping into retirement – or maybe you’re already there. But as you change AND the world around you continues to change, it might be time to fold in some new knowledge! One of the smartest things you can do right now?

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1 year ago

Yes, a Reverse Mortgage Can Be Life-Changing

It’s Christmas Day and Angela, 74, is sipping a cup of coffee in her son’s living room. A beautiful Christmas tree stands in the corner covered with ornaments and bright colorful lights. The room is filled with the warm and delicious smells…

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