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...]
Is House Sharing a New Trend for Baby Boomer Women?
As we grow older, many of us will lose a spouse or partner and find ourselves single again. Or, we may not be working as much as we did when we were younger and want to save money on living expenses by house sharing. House sharing rentals have become a popular choice for older widows, divorcees, or those who never got around to getting married. Trying to manage on your own … [Read more...]
How Seniors Can Avoid Becoming the Victim of Con Artists
Have you been seeking money-making opportunities, self-improvement, or even fun adventures? If you are that's fabulous but sometimes it's easy to become bamboozled by charismatic con artists who pick up on their victim's goals and dreams and suck them into their world. The last thing we want as seniors is to lose money we need to live on. My father was a salesman and I … [Read more...]
What I Regret About Divorce Now That I’m Retired
I was having lunch today with two friends. I asked them what, if anything, they would like to know more about in the area of personal finance. One of the women was quick to answer, “I would have gotten divorced sooner if I’d realized how much it cost me in my retirement plan, my investments, and my home equity. You should caution women to consider the greater … [Read more...]
Granny Pods: A Tiny Living Alternative for Single Seniors
A Granny Pod is another name for a Tiny House and is a popular option for single older people looking for an affordable way to downsize. Since many grannies outlive their husbands that's how Granny Pods got its name. They are bigger than a dog house and much more comfortable Granny pods are usually no bigger than 400 square feet and are not attached to a larger home. … [Read more...]