I interviewed Matt Schultz with Compare Cards who gave me insight into the ins and outs of choosing credit cards for Baby Boomers. As we get older, we may want to reassess the cards we have and make changes to give us better benefits. His tips were enlightening to me and I hope they will be for you. Have you changed cards lately? Baby Boomers are the age group most … [Read more...]
Investment Do’s and Don’ts to Maximize Your Retirement
As retirement grows closer and Baby Boomers begin making long-term financial plans, investment opportunities become prominent in financial discussions. With people living longer in retirement, it’s important to make investment decisions that will benefit their nest egg rather than taking from it. In order to make responsible investment decisions, there are some important do’s … [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 you … [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...]