NOTE: AFL acknowledges and gives thanks to Jeanette Marantos for this great article which first appeared in the LA Times (Aug 14, 2020). Hey boomers, it’s not your imagination. Finding a job in today’s COVID economy is harder than ever, especially for “older Americans,” i.e. workers 55 and older. Let’s start with the grim statistics (just to get t...Read More
Retirement from a 20-year teaching career lasted five months for Joan Breen. She didn’t return to the classroom, however. Since last year, Breen, 56, has worked as a teller for a credit union. “It’s just a fun job and I really wasn’t ready to quit working,” she said. “A lot of my friends were still working and so...Read More
Time management is part of life and just because you retire doesn't mean you shouldn't pay attention to using your time wisely. Having no job to arrive at on time and spend eight hours each day there is a blessing at times. Time is our most precious resource. It is the most valuable thing we have. It is perishable, it is irreplaceable, and it canno...Read More
There was a time when growing older meant relying on family or hired help to assist with health, cognitive and financial issues. While we may not be leading fully automated lives like the characters in futuristic movies and sci-fi novels, new technological advances are allowing many people to live independently for much longer. Whether you want to ...Read More
It’s so easy to accumulate lots and lots of stuff over the years. Sometimes, before you even know it, as kids move up and out and you’re left with a big, empty house, those spare bedrooms fill up with all sorts of bric-a-brac that you really don’t need and you certainly never use. And this says nothing about the garage or the basement you’ve been u...Read More
The way that the media portrays our leading entrepreneurs, you’d be inclined to believe that entrepreneurship is only made for the younger generation, willing to eat ramen noodles and couch surf until their startup “makes it”, if it ever does. What you don’t see is the boom in 50+ entrepreneurs entering into the equation. For those dreaming of turn...Read More
You may dream of retiring long before a traditional 60-something retirement age, but be careful about making that leap too soon. If you're not emotionally ready to quit working, you may not be ready to retire.
Downsizing means to make something smaller. No matter if that ‘something’ is an old CD collection or the big pile of junk in your garage. But when you’re facing reducing everything you own so you can retire to a neat little cottage for a well-earned life of leisure, it’s another matter altogether. It’s your whole life! Downsizing: Here’s What You N...Read More
Electing to downsize after retirement is not an easy decision. Research shows that over 64 percent of retirees wish to age in place (meaning stay in their present home). It’s easy to understand why: it’s likely their family home, where they feel most comfortable, where they built roots and memories. However, when looking at it in the long–...Read More
If you’re like most people, the idea of your money running out before you die can keep you up at night. It’s a huge worry, of course, but there are ways to ensure you keep cash flowing, even after you retire. Check out these tips to keep your bank account flush.
After major shift happens in our lives (leaving a long time job or, relationship, or losing your loved one) it is normal to feel afraid & confused. Many people are so disheartened that they simply stop looking for a new path.