5 Reasons an Online Business is Better Than a Job for Retirees
According to the US Small Business Association, the number of self-employed people 62 and over has grown in the past 27 years. For people under 62, it’s dropped. I think there’s a reason for that. Saving for retirement isn’t as easy as it used to be, so jobs for retirees seem like the solution to avoid […]
Can You Be a Solo Entrepreneur Over 50?
Going out on your own in business can be scary no matter your age. But when you’re an over 50 entrepreneur, you don’t have too many years to dust yourself off and try again if you fail. That said, starting a business at 50 years old could still be the best retirement plan. Here’s why. […]
5 Good Reasons for Leaving a Job On Your Own Terms
Most of us have dreamed about walking away from our job at one time or another. Even if you have a great salary, great benefits and fun coworkers, your job can be a drag if you’re not passionate about it. So you always think of reasons to stay and avoid the prospect of financial crisis. […]
10 Online Side Business Ideas for Corporate Workers
Hoping to save enough for retirement? A smart financial advisor will tell you to start a side business. Having an online side business is cost effective, compatible with your day job, and can help you keep saving even after you retire. Here are 10 online business ideas to inspire you to start today. Write and sell […]
8 Signs Your Job May Be at Risk
Even if you’re a late-career corporate worker, it’s reasonable to worry about job security. Losing your job at any time can be disastrous for your retirement planning. And a lot of the time, it’s out of your control. If you’re worried about losing your job, here are 8 signs you should look out for. You […]
Can Entrepreneurship Save You From The Financial Crisis?
Wondering what time is the right time to quit your corporate job and become an entrepreneur? You aren’t alone. People spend years making this major life decision, and many never do it at all. Thanks to the Internet, it’s never been easier to make the transition from the office to online entrepreneurship. In many cases, […]
What’s Missing From Your Financial Planning Checklist?
You could have the most comprehensive financial planning checklist out there. You’ve covered every possible scenario and contingency to minimize risk and maximize your savings long term. But what if your boss fired you tomorrow? Well, you’d have to throw most of your comprehensive financial planning checklist out the window, at least until you got […]
Why Job Security is a Myth
Trying to build savings for retirement? Don’t bank everything on your job. ‘Job security’ is a buzzword a lot of people throw around. For workers, it’s often a barrier. You want more savings for retirement, so you think: Maybe I should become an entrepreneur and start my own business. Then you think: No, it’s too risky. […]
Your Retirement Planning Warning
Your retirement planning warning and what to do to avoid disaster. Nicholas Naseem Taleb writes about interesting risks that exist but often aren’t considered. He often argues that things perceived to be risky are in fact safer than those that appear to be safe. Volatility is a favorite topic of his. Taleb notes that […]
What You’re Doing Wrong And The Retirement Fix
You realize you have a complex set of unknowns to tackle when you start thinking about retirement. Have you adjusted to the last bad break? It’s possible another one will hit. It can feel like you are personally under attack and you are. Fortunately, you are not alone. There is a retirement fix. Most corporate executives in […]