For the most part, I like the woman. I’ve read a number of her books and I’ve read her finance columns in the AARP Bulletin — and learned from them. She seems to be a very smart, very knowledgeable, hard-working, success story. I know nothing scurrilous about her.
However, every once in awhile, I find myself wanting to scream at her.
After spending 60+ years trying to GROW our nest eggs, we’re suddenly faced in retirement with SHRINKING them. This sudden about face can give us whiplash — and scare the heck out of us. In fact, one financial advisor told me his clients were more afraid of running out of money in retirement than they were afraid of dying(!)
Seven out of 10 new jobs in the United States are created by small business, according to the SBA (Small Business Administration). However, 50% of those businesses will die within the first five years. Anything that can improve either number helps America and helps our economy.
Yes, we all know we should be exercising. Study after study tells us exercise will protect our hearts and our brains. It’s shown to prevent/delay dementia, diabetes, heart attacks, strokes, and (it seems) almost anything else that could befall us.
So why did I spend the last 5 months not exercising at all? It’s not inconvenient. I have a treadmill, weights, a mini-trampoline, and even a karate punching/kicking bag. They’re in my basement den, and I passed them every time I went to and from my car in the garage.
I’m jealous of my brother and sister. As I seem to fade into stereotypical “senior” looks, they don’t. You can’t miss either of them strolling down the sidewalk. They have managed to not become “invisible” like so many of the rest of us.
My brother is 66, about 6’ tall, skinny as a rail, with a Jesus beard and long flowing white-gray locks. Sandals and bell-bottom jeans are frequently in the picture. I double dare you to not look at him as you pass him by.
Before you retire, try to find at least one — preferably two — hobbies that you find both fun and challenging. After all, you can’t play golf more than 5 hours a day (which came as a big surprise to a couple of men I’ve known who thought that was all they’d need).
Let me introduce you to one of my favorite hobbies — model railroading. And, no — it’s not only for men(!) though I’d guess 95% of those in the hobby are men. It’s true I don’t share many of their interests — such as operating a train to pick up a load of coal and transport it. But I love creating the scenes. And the scenes are so much Continue reading “Create a model train layout — for fun and for the challenge!”→
If you, like me, grew up watching movies where people were plotting to put away Aunt Sallie or Grampa Bob to get to her or his money; then as we get older and turn into Aunt Sallie or Grampa Bob, perhaps we harbor a certain paranoia.