Over the last decade or so, I’ve founded and grown companies in fields spanning everything from publishing to car sharing. Often, the businesses aimed to solve problems similar to ones I had personally encountered. As a result, they typically targeted … Continue reading
Launching a business at any age is an exciting undertaking. But starting one can also be capital intensive and can come at a high cost if you make the wrong funding choice. When you have funds tucked away in retirement accounts, it may be tempting to g… Continue reading
After an unfortunate confluence of circumstances that led to her being out of work due to a long illness, Carleen Nicholson, 67, of Dover, N.H., found herself needing extra income. Then her son committed suicide and Nicholson began isolating herself. E… Continue reading
Maybe you read, or heard about, the buzzy, 6,000+-word article Arthur Brooks just wrote in The Atlantic with the incendiary headline: “Your Professional Decline Is Coming (Much) Sooner Than You Think.” It certainly caught my attention. I write about ol… Continue reading
(For this analysis of the first national debates with Democrats running for president in 2020, the public media websites of Next Avenue and Rewire joined forces. Next Avenue’s audience is older Americans and Rewire’s is younger Americans. So, as editor… Continue reading
For people nearing retirement or in retirement, every dollar counts and planning ahead is paramount. That’s especially true for taxes. Now that 2018 tax returns are behind us, this is an opportune time to look for 2019 tax savings strategies for reti… Continue reading
Like many married couples, Stephen and Kathy Read of Wayne, Pa., knock heads about money. Stephen, a retired engineer in his mid-70s, is a spender. Kathy, a musician in her mid-60s, is frugal. In 2016, they decided to talk to a money therapist. “They’r… Continue reading
Finding a country or area where things are inexpensive isn’t necessarily about saving money. It’s about going somewhere your money will go further. Somewhere the cost of living is less than the United States but offers similar services and amenities. A… Continue reading
Family-owned businesses employ 60% of the U.S. workforce. But keeping a company in the family for multiple generations can provide unique management challenges. Only 30% of family businesses survive the transition from first to second generation owners… Continue reading
Consider the possible hefty caregiving needs and costs over an adult’s lifetime: Early child care and education runs nearly $10,000 annually for the parent of a toddler, on average. Family caregivers spend roughly $7,000 on caregiving costs, on average… Continue reading