To ‘have someone in your corner’ is a common saying that originated in boxing, where the coach or trainer is in the competitor’s corner offering advice and letting the fighter know how they are going.
There are some important numbers you need to know when you’re nearing retirement. In percentage terms, there are three main ones: 8, 5 and 0.
We sometimes think about our future self as a different person. Of course, we know this is not actually true. But when it comes to borrowing money, thinking of our future self is important.
There is a bit of a misconception that people in their 60s aren’t employable. But we actually disagree with this.
We see a lot of clients in their 60s who don’t want to fully retire yet. Instead, they want to work part-time, and sometimes this can mean having to look for a new job. Many are put off because they believe they are not very ‘employable’.
Chances are you’ve heard some of Jimmy Buffett’s classic songs. ‘Margaritaville’ and ‘It’s five o’clock somewhere’ are old favourites. But this episode goes out to fans of the song called ‘If the phone doesn’t ring, it’s me’.
We are often asked why we focus on people over 50. This is our niche; we rebranded in 2020 and changed our name to Money Over 50 so people know exactly what we do.
A year ago, Dallas met with some regular clients. This couple – one who is retired and one who is close to retiring – listened intently as Dallas clearly outlined their trajectory – that is, what he predicted would happen to their financial position in 12 months’ time. He could see, at the time, how things would work out if they took certain steps – and he reassured them on a few strategies they were somewhat hesitant about.
The world of finance sometimes comes with a big elephant in the room – is your adviser trustworthy? Unfortunately, we sometimes see stories about financial advisers (or people in positions of power or influence in financial institutions) who have misappropriated funds for their benefit (i.e. they’ve stolen money from their clients).
We Take Care of it All, While You Can Enjoy Your Financial Freedom (of course you don’t want to go to your rectal examination)
Please excuse us for this title – but we are hoping to paint a picture in your head. The thing is, nobody wants to go to their rectal examination. And that’s what this blog is about. For some people, talking about finances is on par with a rectal examination in terms of their enthusiasm.
Today, we look at the interplay between hard work and good work. We have a saying here at Money Over 50: with your hard work and our good work, we can achieve great things.
Dallas Davison, Michael Hogue and Ali Hogue.