Why There Has Never Been A Better Time To Retire Overseas
When I finally decided to take a job abroad in 2014, I thought I had figured out something no one else had: I could extend my career by at least five years. My wife stayed behind and was besieged by people who wanted to see if I could also help them find work overseas. So, […]
Yes, You Can Start a Business and Keep Your Job
Think about it. A corporate job is no walk in the park. You likely work 40-50 hours a week, and that doesn’t take into account how travel and external business commitments take up your time. But you want more savings for retirement, and cutting expenses can only get you so far. You might think starting your […]
5 Questions to Ask Yourself Before Buying an Existing Business
If you’re a working professional with a smaller nest egg than you’d like, you’re not alone. A lot of late career workers are behind on retirement savings, and buying an existing business is a great strategy to catch up. That said, some are more suited to this option than others. You might be better off investing […]
What’s Keeping You From Starting a Business After 50?
If you’re a late-career professional and behind on your retirement savings, there are a lot of ways to make it up. One retirement fix I love to recommend is starting a side business. Surprisingly, a lot of people balk at the idea. They think starting a business after 50 is an impossible option, with all sorts […]
4 Ways to Boost Your Savings for Retirement With a Private Business
Owning and operating a private business has always been a big part of the American dream. If you’re worried about boosting your savings for retirement, owning a private business could be the solution. There are a lot of different ways to become an entrepreneur, though some options are easier than others. Here are the 4 […]
5 Reasons to Keep Working After Retirement
Wondering how to transition to retirement? Maybe you shouldn’t. According to the US Bureau of Labor Statistics, nearly 20% of Americans 65 and older are still working. That might sound like a sad statistic. But when you think about it, there’s a lot of reasons why a new career is the best way to transition […]
Full-time Employment Is Going Extinct (And That’s The Good News)
If you’re a late-career professional, you have a lot to think about for retirement planning. You probably haven’t saved enough yet, and you worry about those Millennials out to get your job. Here’s some new research out of Harvard and Princeton that could add to your woes: 10 million jobs have created between 2005 and […]
Do You Have What it Takes to Be a Late-career Entrepreneur?
Entrepreneurs aren’t all bowtie-wearing 26-year-olds with a liberal arts MA. According to the Kauffman Index of Startup Activity — startup activity rose in 2015, for the first time in 4 years. But what’s really interesting is that 24.3% of entrepreneurs are now 55-64 years old, compared to 14.8% in 1996. Part of this change is driven […]
Too Busy for a Side Business? Here are 7 Ways to Save Time
If you’re already in your 50’s and are on a salary, saving for retirement can seem like an unachievable dream. Sure, you get a raise here and there, but your expenses always seem to go up with it. That’s why for many GenXers, starting a side business is the best retirement fix. Build a steady […]
What’s Your Most Valuable Retirement Planning Tool?
What tools do you need to succeed in retirement planning? Savings, smart investments and a 401(K) probably come to mind. These are all great assets, especially if you have years to build them into a big financial safety net. But if you need to build savings fast, I wouldn’t call any of them your most valuable […]