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...]
What Seniors Need to Consider When Choosing Credit Cards
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...]