Author Brianna West recently wrote in Medium Daily Digest “We’re doing people an incredible disservice by telling them they should seek, and pursue, what they love. People usually can’t differentiate between what they really love and what they love “the idea of”. In doing so, she reminded me of the diversity of purposes for work among my clients and the courage…
Two Personal Consulting clients of mine – let’s call them Rene and Phil – are both in their late fifties. They are working with me to do their joint 18-month immediate life plan and their 18 to 48-month mid-range life plan. In their 30 years of marriage they have never had so many exciting aspirations or such concern for the…
The data is in, and it isn’t pretty. The vast majority of people over 50 don’t have sufficient retirement savings. On top of that, they don’t have enough time left to save their way out of trouble. Building enduring income streams is clearly a smart answer, as finance reporter Abby Hayes wrote in a recent piece called “4 Ways to…
“Should You Save Enough to Live to 100?” Liz Weston, writing in NerdWallet, recently posed this question. “First,” she wrote, “you were supposed to die at 85. Then 90. Now 95 and even 100 are common defaults when financial planners tell people how much to save for retirement. Except that’s nuts. In the U.S., the typical man at age 65…
Lots of us will want to continue to work after 50, whether we’re retired or not, and for a variety of personal, professional and financial reasons. We may work part time for our old employer, take a full-time job with a new one, or become self-employed.
Entrepreneurs make up a special subset of the self-employed. They’re different from normal self-employment businesses, such as piano instruction or a dry cleaning operation, because entrepreneurs… Read More
We’re all getting used to hearing about problems with data security. After the massive Target breach last year, when something similar happened to Home Depot this summer it didn’t seem all that surprising. What was surprising was the Sony cyberattack, a story that’s been making headlines for weeks. If a big corporation can’t keep hackers out of its email networks…