It may even feel like the end of the world. I get it.
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Lifelong entrepreneur and business owner helping others to realize the American Dream of business ownership Read full profile. Ever heard the phrase 60 is the new 40? For the average person who turned 60 inthey could expect to retire at age 64 and live to age They may also have sold a successful business, or been able to retire from a increasing scarce job that had a good pension.
Starting over at any point in your life can be daunting, but doing it after 60 is a whole new ball game. For most overs, the two biggest points of change later in life come from financial difficulties or divorce.
More and more baby boomers are finding themselves struggling to meet the cost of living, which is Starting over at 60 them to have to either start over or do a major re-vamp on their finances. On the other hand is the huge amount of boomers heading into divorce. This change can be incredibly difficult, but it also has a silver lining.
While there can be lots of tricky things to navigate through with both these issues, there are also plenty of advantages to starting fresh later in life. First, make a budget. Figure out where you need to cut back and where you can cut back. Look into what your paying for bills every month and shop around.
Changing priorities in your 60’s
Can you get a better deal on your phone and internet? Can you find ways to cut down your electricity costs?
Many companies, electricity included, offer discounts for people who pay online and pay on time. If your bank is charging you fees just to house your money, go in and ask them for something better. Second, take stock of your skills.
If you find you need to start bringing in income again figure out how you can do this without stretching yourself too thin. Do you know a language? Can you sew?
Have you got admin experience or customer service skills? On the other side of the fence is the reality more and more baby boomers are facing these days: divorce at The first step for many is taking stock of your life.
Being single at this time in your life can be liberating and for many people it turns out to be a blessing in disguise. A life that was once full of routine and repetition is now open to all kinds of opportunities.
Get your affairs in order to begin with. With divorce comes financial change, so take the time and care to make sure you have a stable income or plan to sustain you see above.
Surround yourself with the ones you love. Now is the time to lean on your closest friends and family.
Understanding the psychological challenges
Try something new, too. The best way to shake things up and get out of a funk is to do something totally different.
Mixing it up and adding a little variety is a great way to get started. To curate to the needs and wants of the overs online and to get you a better deal through the power of our online community. From clothing and footwear to health products, supplements and gifts for the grandkids, Starts at 60 is just for you, online.
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Suddenly single On the other side of the fence is the reality more and more baby boomers are facing these days: divorce at Have you had to start over in your 60s? How did you deal with it?
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