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...]
Considering Apartment Life as an Option for Retirement?
I’ve been a nomad most of my life and have lived in a variety of environments that included several large homes and apartments, a small Hollywood bungalow, a double-wide mobile home, a room in a home, and now an ADU (additional dwelling unit). Since the tender age of four, I’ve lived exclusively in Southern California in 28 different locations. At various times, I enjoyed … [Read more...]
7 Survival Tools Every Woman Over 50 Needs to Have
The inspiration for this post came from a woman I met at an event. She was talking about survival tools that women over 50 need to make it through the next few decades. I also added my own. 7 survival tools every woman over 50 needs to get through the next few decades If we're lucky, LOL 1. Your own bank account When I was married, my husband and I had a joint bank … [Read more...]
