Be Productive
Successful Entrepreneur Starts a New Business at Age 75
Think you’re too old to embark on a business venture? Tom Chappell, of Tom’s of Maine fame, doesn’t think so. The 75 year-old sold off his all-natural dental line to Colgate in 2012 for a cool $100 million. Considering those details, the then 70 year-old could enjoy a very comfortable retirement. Instead, he’s embarked on a new venture, starting fr...Read More
How Much Money Should You Have Saved by The Time You Retire?
One of the most put off expenses for working adults is retirement savings. The period of time we spend working is more than forty years – that’s a long time to save! During the first years of work, entry level paychecks barely cover basic expenses, which means it’s not easy, or even feasible, to save for retirement. While this is understandable, wh...Read More
Weighing Social Security Income During Retirement
As you get closer to retirement age, you’re probably taking a peak at the Social Security statement. Will it be enough? Most seniors find relying Social Security benefits alone don’t nearly cover all expenses. In fact, some even have to pick up a job again so they can make ends meet. That idea may not bother you now, but when you finally hit the re...Read More
Tax Reform: How the New Tax Law May Impact You
Recently, Congress passed a new tax reform bill. Analysts at Ameriprise Financial have identified some areas that may affect taxpayers now and in the future. Tax rates and brackets The law reduces tax rates and adjusts income brackets for taxpayers, including individual filers and married couples filing jointly. However, the number of individual ta...Read More
The After-50 New Job, Better Job Challenge. 5 Tips To Make It Happen!
Now that we’ve entered 2018 it’s the time of year that many people start thinking about improving their careers. After 50 this might mean upgrading from your current job, moving into a more passion-driven career or semi-retirement job, or returning to work after voluntary retirement or unemployment. Here’s the good news: this is the best time of y...Read More
6 ways to connect with your grandchildren using technology
Grandparents all over are learning that, when used without fear, technology can be an exciting bridge between generations. How to get started? Start by asking your grandchildren to show you what they like to do on the computers or smartphones.
Security or Adventure – The Price, The Reward!
Security is mostly a superstition. It does not exist in nature, nor do the children of men as a whole experience it. Avoiding danger is no safer in the long run than outright exposure. Life is either a daring adventure, or nothing. Helen Keller Recently I have been reading a book called Daring Greatly by Brene Brown. You may have heard of it. The t...Read More
Financial Moves You Should Make Before 2018
In December, it’s easy to start looking at the year ahead. Most of us are planning for the new year, be it for expenses, like a vacation or a major housing repair that’s needed, or for income, we’ll bring in. Each year we come up with new plans and new strategies. But before you get too far ahead of yourself, look at 2017. Now’s the time when you c...Read More
Retirement: Are You Really Prepared?
We hit our fifties and suddenly the ugly idea of retirement savings pops up. It seemed so far away for so long, it’s almost implausible that retirement could be around the corner. But the fact remains, in a decade, you’re going to stop having an income. But don’t freak out just yet, there are plenty of ways to get ahead of the curve if you aren’t q...Read More
Senior are the fastest-growing demographic of Airbnb hosts
Airbnb growth is driven by regular people who use their main housing as a way to generate supplemental income. This is especially true for Airbnb’s growing community of hosts over 50 or more years old. A new report released by Airbnb highlights the activity of these senior hosts on the Airbnb platform, which shows they are increasingly opening the...Read More
How Your Tax Rates Change In Retirement
Taxes have long been the bane of our existence. April comes around and everyone starts getting a little antsy. Life is suddenly measured in cash in, and cash out. Look around, what can you write off? The dog walker, can you get anything back as an expense? What about the newspaper? In retirement, various events conspire to lift you up the income la...Read More