It is not uncommon to hear the story of someone over 55 with no savings, or very little. It is becoming a stark reality of today’s world. However, there are simple strategies to take the pressure off your retirement even if you have a debt or are not earning as much as you need to lead a comfortable life into your 80’s and beyond. Here are some of my tips: Retirement Plan B If you are already in your 50’s and nowhere near where you wish you were financially there is a solution. If you delay … [Read more...]
Starting Over At 55
The turning tide of change in today’s working environment has had a huge affect on Baby Boomers and their futures. Many who have worked 20 or more years in the same career are finding themselves victims of downsizing, thanks to corporate mergers and takeovers. But it’s not all doom and gloom. In fact, there is a very bright and shiny silver lining in all of this. It means that starting over at 55 is far from unusual and is typically the most successful move Boomers can make later in … [Read more...]