Are you a woman, over the age of 60, and in need of a self-esteem boost? I’ve got great news for you (and me)!
Aging is a woman’s secret power and the data proves it. Good news for many of us, I’d say. This article researched and authored by Jeannette McClennan says, “older people are happier than other age groups and far more productive than commonly believed. Indeed, the image of the lonely, cranky senior simply doesn’t match reality. Instead, we tend to be happier as we age.”
“Adults in their 60s, 70s and 80s are more likely to report feeling calm, optimistic, cheerful and full of life, and less likely to report hopelessness, restlessness, nervousness or sadness, than those in their 20s, 30s and 40s. The results are supported by a body of scientific literature showing that happiness is roughly U-shaped, dipping at mid-life and increasing as we age. “ (I don’t know about you, but my mid-life was a sh*t-show!)
Right now, older women face a double challenge of ageism and sexism, and a common response to these obstacles is to feel uncomfortable as one ages and try to hide it to the extent possible. Anybody having troubles appreciating their body image and the more curves we’ve gained with age? Or maybe a few more wrinkles around the eyes? Guess what, we earned them!
But in fact, being older is a tremendous advantage for many women, particularly women in leadership positions. As our society shifts toward an older workforce, it’s extremely important for women to embrace their age — to both spare themselves unnecessary grief and to reach their greatest potential.
According to a United Income study, the number of people staying in the workforce above 65 years of age has doubled since 1985. People are even starting new careers late in life with the extra years in front of them; for instance, they are heading to coding bootcamps in droves. For myself, it was transitioning from a career as a Financial Advisor to one of a Financial/Money Coach. So glad I made the move, as I love educating and guiding women into clarity and confidence with their finances.
So what does this have to do with money, you’re probably asking. If the idea of suddenly retiring has you worried, think about “transitioning” into retirement by continuing to work part-time, or maybe serve on the Board of Directors of a company and share your vast knowledge with them. Now with so many employees working from home, it’s easier to work part-time and even on your own schedule.
If you don’t need income, then help out a local charity with your experience and knowledge.
So let’s put to bed that notion of “fading into obscurity as a little old lady” and instead think along the lines of Pat Benatar (Heartbreaker) who says,
Let’s enjoy living each day to the max, appreciate each smile line we’ve accumulated over the years, and not worry about having the “perfect” body. Life is short, make the most of it and enjoy that piece of dark chocolate 🙂
If you want to talk about what your retirement income looks like and what investments to draw income from first, schedule your free 20 minute money chat with me here.
As always, the conversation continues in our private Facebook group, Women Talk Finances, where any money question is a good one.