At age 60, I found myself suddenly single--- on my own financially and emotionally with only a few years left until retirement. It was a difficult time. I had a full-time job at a daily newspaper where I'd worked for more than 20 years as a business news reporter and editor. I was dealing with an emotional and financial transition because of an unwanted divorce that had me wondering what to do. And worse, what would happen to me. Several months into the thing, on a dark (and yes, stormy) night in January with cold rain coming down outside, I had a talk with myself. "You've got to take on the life you have been given," I said to myself, "or life is not going to be very rewarding." I got up the next morning with renewed purpose, looking ahead, not back at a past I couldn't change.
As a business news editor with a weekly column, I began looking into the economic facts about women, money and retirement. The news was not so good, if not downright disturbing. Many women save little for the long-term, counting on a spouse to sort it all out. Many women find themselves grievously short of the money to support themselves in their old age. Many women find themselves, as I did, 60 and single without a plan.
I began researching and writing. That spring, a friend of mine, who happened to be a CPA and president of her professional organization, teamed up with me to host a 60 & Single workshop for women. It sold out.
I began writing this blog at sixtyandsingle.com. The rest is history, as they say. In the four years, since, I HAVE retired to devote myself to women's financial issues. I'm writing a book that I'm calling, "You Can't Bag Groceries at 90: What Women Need to Know about Retirement. I also have found a new wonderful companion with whom I now share life. Every day I get the opportunity to learn, share and write about women, money, investing and retirement. My message is one of hope, of encouragement. Yes, you can save and plan for retirement.