“It enables them to earn income, continue saving for retirement and bridge savings shortfalls — with more free time for personal pursuits,” says
Catherine Collinson, CEO and president of the nonprofit Transamerica Institute.
60% of Americans feel anxiety when thinking about investing in the stock market and 55% of boomers worry about a market crash.
Making the planet better is a heartfelt goal for most of us. But it’s difficult to know how one person can do that and truly make a difference. Jane Mosbacher Morris has some ideas In her practical new book, Buy the Change You Want to See: Use Your Purchasing Power to Make the World a Better […]
“Two-income households typically make more, but save less,” says Cindy Hounsell, president of the Washington D.C.-based Women’s Institute for a Secure Retirement (WISER).
Boomers and Gen Xers are on the rise as entrepreneurs and the variety of businesses people are starting in mid-life is amazingly diverse. I interviewed 20 of them for my new book, Never Too Old to Get Rich: The Entrepreneur’s Guide to Starting a Business Mid-Life.
A lot of younger workers don’t even notice that someone is older until that person brings it up. If the older worker is excited and energetic and passionate about an issue, that is what you are focused on, and you’re not talking about your age.
There are the less tangible benefits of being in a family business poised to grow. Family members offer emotional support, which often comes in handy when facing the turbulence and risk of growth. A family firm is also able to make quick decisions — quicker than non-family firms — because of the high-trust environment.
If you’re thinking about starting a business, a great way to learn how to do it is by speaking with women entrepreneurs who’ve done so successfully. I just had an opportunity to do just that, talking with three I saw at the What’s Next Boomer Business Summit in New Orleans
“First and foremost, for us, the life we want to create is the target, while money is the tool that helps us achieve it. For many men, it is the other way around.”
The older partner can bring decades of experience, potential clients or customers and possibly capital while the younger one can deliver the ambition of someone in the early stages of a career, plus an eagerness to try new ways of doing things.