“The self-employed have an inspiring vision of aging and retirement,” Catherine Collinson, CEO and president of the nonprofit Transamerica Institute and Transamerica Center for Retirement Studies, told me. “Compared with employed workers, the idea of retirement isn’t as relevant, because they have far greater freedom to continue working — or retire — on their own terms.”
“Sidepreneurs may be testing a business idea while holding down a job or supplementing income or seeking a creative outlet or an additional challenge,” according to the Amex report.
Several major exhibitions in the nation’s capital are celebrating women — from the battle for voting rights, spurred by the 100th anniversary of the 19th Amendment, to artworks by feminist icons who embody the challenging issues of their epochs.
Work with younger generations. The real fountain of youth is the fountain with youth, according to Marc Freedman, founder of Encore.org. Find ways to connect with younger generations through mentoring, tutoring or coaching.
Many retirees do not have a plan. And for those who encounter retirement earlier than expected because of a health crisis or downsizing, facing the new reality can be rocky. Isolation and loneliness can emerge.
The Washington Post’s Color of Money Book Club pick: “It’s about fearlessly creating something new regardless of your age,” Hannon writes. “It’s scary. It’s risky. It’s hard work, and most entrepreneurs I have interviewed have told me that their only regret is that they didn’t do it sooner.”
Author Kerry Hannon will discuss her new book, “You’re Never Too Old to Get Rich,” at Howard County’s Master Aging event on Saturday, October 19, from 10 a.m. to 3 p.m. at Howard Community College.
“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.
POSTED BY ANDY LEVINE Kerry Hannon is an absolute rock star in the world of career transitions and personal finance. She has written 12 books in this area as well as literally hundreds of articles for The New York Times, Forbes, Money, USA Today, US News and World Report and AARP. She is a sought- after […]