Embarking on a new financial journey can be both exciting and rewarding. In our Money & Work category, you’ll discover resources to help you utilize digital platforms and tools to transform your ideas into income-generating ventures, leverage financial apps and tools to track spending, create budgets, and achieve your financial goals, and navigate part-time roles, consulting gigs, and remote positions by harnessing technology for job searching and networking. Whether you’re aiming to supplement your income, gain financial independence, or transition to a new career path, our curated content is designed to support and guide you every step of the way.
Entrepreneurship & Business
- How to start and grow a business in later years
- Freelancing and consulting opportunities
- Side hustles for financial independence
- Online business and e-commerce
- Marketing and branding strategies
- Networking and building professional relationships
Path to Success: Checklists, Guides & Tools
- AARP’s Self-Employment and Entrepreneurship Resources: AARP provides expert tips and insights for older entrepreneurs on starting and successfully running a small business. AARP
- “Starting a Business at 65 Years Old: Ultimate Guide for Seniors”: This comprehensive guide discusses the advantages of starting a business later in life and offers step-by-step planning tips. 12 Oaks Senior Living
- “Second Act: A Guide to Starting a Small Business During Retirement”: This article explores various business ideas suitable for retirees, including consulting, freelancing, and launching home-based businesses. Home | Farm Bureau Financial Services
- “Empowering Older Adults in the World of Entrepreneurship”: Discover ways to inspire the aging population to pursue their entrepreneurial dreams, regardless of age. Innovative Aging Programs
- “A Senior’s Guide to Starting a Home-Based Business”: This PDF guide offers insights into starting a home-based business, ideal for seniors looking to stay mentally active and earn extra income. https://laneseniorguide.org
- SCORE’s “8 Ideas to Start a Business Helping Seniors”: Explore growth industries related to seniors and ideas for businesses you can start to serve them. Score
- “Self-Employment and Entrepreneurship” by the U.S. Department of Labor: This resource encourages and supports self-employment and entrepreneurship, offering an array of partnerships and guidance. DOL
Online Courses:
- Startup School for Seniors: An online course and group coaching program designed for men and women over 50 who want to start a business. Startup School for Seniors
Books:
- “Start Your Own Senior Services Business”: This book provides insights into starting various senior service businesses, including adult daycare, home-care, and transportation services. Amazon+1Amazon+1
- “Start Your Own Senior Services Business: Homecare, Transportation, and Concierge Services”: Offers guidance on starting a business catering to the 65+ market, covering today’s most requested services. Amazon
These resources offer a wealth of information to help older adults embark on entrepreneurial ventures, start small businesses, or engage in side hustles successfully.
Career Growth & Reinvention
- Transitioning into a new career
- Finding purpose-driven work in later years
- Resume writing and interview strategies
- Building new skills for the modern job market
- Leveraging past experience for career advancement
- Remote work and flexible job opportunities
Path to Success: Checklists, Guides & Tools
7 Strategies To Reinvent Your Career
What’s Stopping You from Reinventing Your Career?
Tips to Make a Career Pivot or Reinvention on LinkedIn
Embarking on a new career or reinventing oneself professionally later in life is increasingly common and achievable. Here are some resources to assist older adults in this journey:
1. AARP: Career Development and Change for Workers Over 50
AARP provides resources tailored for individuals over 50, including job search tools, skills development programs, and guidance on career transitions. AARP
2. Forbes: Resources For Seasoned Professionals Entering Their Second Career
This article offers insights and resources for older adults considering a second career, highlighting programs and opportunities suited to their experience. Forbes
3. Gerontological Society of America: Career & Learning
A library of learning resources, including toolkits, courses, webinars, and podcasts, related to the study and advancement in the fields of aging and gerontology. Gerontological Society of America
4. Iona: 11 Job Seeking Tips & Resources for Older Adults
Iona Senior Services provides practical tips and resources for older adults seeking employment, including guidance on leveraging experience and navigating the modern job market.
5. U.S. Department of Labor: Senior Community Service Employment Program (SCSEP)
The SCSEP is a community service and work-based job training program for older Americans, helping low-income, unemployed individuals aged 55+ find employment. Iona+2DOL+2ResumeBuilder.com+2
6. Forbes: Reinventing Retirement: Unlocking The Untapped Potential Of Older Adults
This article discusses the trend of older adults embarking on new careers post-retirement and the societal benefits of this shift.
7. Harvard Business Review: Reinventing Your Career — When It’s Not Just About You
This article explores the complexities of career reinvention, especially when considering familial and financial responsibilities.
8. Fast Company: How to Reinvent Your Career
Offers a checklist and strategies for individuals looking to pivot or reinvent their careers, emphasizing adaptability and continuous learning.
9. LinkedIn Pulse: Career Reinvention for Older Workers
Discusses how older workers can thrive in the digital era by accepting reality, building resilience, seeking younger mentors, and focusing on human skills. LinkedIn
10. The Times: Thousands of Over-50s Embarking on Second Careers
Highlights the growing trend of individuals in their 50s starting new careers in entirely different fields, driven by a desire for fulfillment and financial resilience. Latest news & breaking headlines
These resources provide valuable guidance and support for older adults aiming to grow or reinvent their careers, emphasizing that it’s never too late to pursue new professional paths.
Financial Empowerment
- Smart budgeting and money management
- Investing and wealth-building strategies
- Generating passive income
- Understanding Social Security and benefits
- Understanding financial concepts to make informed decisions.
- Recognizing and avoiding scams targeting seniors.
- Ensuring sufficient resources for a comfortable retirement.
- Handling debts effectively to prevent financial strain.
Path to Success: Checklists, Guides & Tools
- Savvy Saving Seniors® Financial Education Toolkit: Provides budgeting tips, money management strategies, and guidance on applying for benefits tailored for older adults. National Council on Aging
- The Quick Guide to Financial Planning for Senior Living: Offers insights into financial planning for senior living, including budgeting and understanding benefits.
- Organizing assets to ensure one’s wishes are honored.Stepping Up For Seniors
- NCOA: Savvy Saving Seniors® Financial Education Toolkit: Provides budgeting tips, money management strategies, and guidance on applying for benefits tailored for older adults.
- Vitality Senior Living: Financial Planning for Senior Living: Offers insights into financial planning for senior living, including budgeting and understanding benefits.Midland Daily News+1NORC at the University of Chicago+1
- Our Midland: Older Adults Returning to Workforce: Discusses how older adults are providing valuable experience and knowledge as they return to the workforce. Midland Daily News
Here are resources to assist older adults in achieving financial empowerment:
Money Smart for Older Adults
- A program by the FDIC and CFPB that raises awareness about preventing elder financial exploitation and encourages informed financial decision-making.FDIC
- Money Smart for Older Adults
Savvy Saving Seniors® Financial Education Toolkit
- Developed by the National Council on Aging (NCOA), this toolkit offers budgeting tips, money management strategies, and guidance on applying for benefits.
- Savvy Saving Seniors® Financial Education Toolkit
Financial Empowerment Network: Resources for Seniors
- Provides training and guides to help seniors and those assisting them to understand and manage finances effectively.
- Financial Empowerment Network: Resources for Seniors
Successful Aging thru Financial Empowerment (SAFE)
- A program by Wayne State University offering education and counseling to help older adults recover from financial scams and strengthen financial literacy.Institute of Gerontology
- SAFE Program
Financial Literacy for Seniors
- Offers resources covering goal setting, budget planning, debt reduction, credit repair, and asset protection tailored for seniors.Financial Literacy
- Financial Literacy for Seniors
Empowering Seniors Through Financial Literacy
- Discusses the importance of financial education in understanding estate planning, wills, trusts, and inheritance taxes.Stepping Up For Seniors
- Empowering Seniors Through Financial Literacy
Financial Literacy Resources for Those Nearing and in Retirement
- A webinar exploring free financial literacy resources provided by the Bureau of Consumer Financial Protection, focusing on financial planning and fraud protection.WebJunction
- Financial Literacy Webinar
AARP Foundation
- Provides training, legal assistance, tax preparation, job training, and personal finance resources to support older adults.en.wikipedia.org
- AARP Foundation
Financial Resources to Help Older Adults Thrive
- Offers insights into financial empowerment, combining basic financial knowledge with skills to manage money effectively.Senior Resource Connect
- Financial Resources for Older Adults
Older Adults Returning to the Workforce
- Discusses how older adults are providing valuable experience and knowledge as they return to the workforce, offering financial and social benefits.
- Older Adults Returning to Workforce
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