My retirement was highly anticipated and poorly prepared. I had done due diligence on the financial side of things, but I had just vague assumptions about what life would be like if I didn’t have to work every day. I was a Type-A, critical-thinking workaholic. I had no hobbies, no exercise program, and few friend connections outside of my work relationships. I was too … [Read more...]
What You Need to Know About Starting a Business Over 50
Having a business idea at any age is exciting and scary at the same time. However, many people think that endeavors like entrepreneurship are only for younger individuals. You might even wonder if you have the vigor and energy to approach a start-up when you're over 50. We believe you do! Business basics like stellar customer service as well as quality products and services are … [Read more...]
Do You Have a Retirement Spending Plan that Works for You?
Part of having an active “retirement spending plan” means you need the income to support it. That can mean a lot of different things depending on how you define retirement. Traditionally, retirement has meant that you work up to a point, cross a hard line in the sand, and stop working. Today’s retirees are much less likely to take this approach. Many Boomers are opting … [Read more...]
Success As a Baby Boomer Entrepreneur is All About Location
I interviewed Kali McFadden, who is a senior research analyst for Lending Tree. They conducted a study on the Best Places for Baby Boomer entrepreneurs to live. In a nutshell, here were the results. My city, Los Angeles, is #9 on the list, which I was excited to hear about since I’ve been an entrepreneur and freelancer practically my entire life. Find remote work … [Read more...]
How to Stay Solvent When You Are Post-Retirement
Retirement is supposed to be an enjoyable, stress-free time in your life. You worked hard, put in your time, and were smart with your money so that you could spend your remaining years doing what you really enjoy. But even with a good amount of savings, you may worry if you can stay solvent once you no longer have your main source of income to rely on. Fortunately, just … [Read more...]
