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Monthly Archives: September 2016

4 Ways Investing During Midlife Can Make You a Millionaire

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A survey conducted by Bankrate recently fount that over 30% of people between the ages of 30 and 49 haven’t even started saving for retirement. If you fall into this bracket, the sooner you start to invest, the better! Why, you ask? Because you are also earning the bulk of your income between your late 30s and mid 50s.

How do I start? What should I do? No worries, I’ve got you covered. Here are my top four tips for helping you make the most of investing before retirement.

  1. Set up a financial plan: You can do this yourself or use an advisor, but often advisors can help keep you on track when you would be tempted to buy that new car you don’t actually need.
  2. Invest in the stock market: If you are in your 30s or 40s, invest in moderate risk stocks. If you are in your 50s or 60s, invest in low risk stocks. Also, make sure to diversify your holdings. Don’t JUST focus on stocks. Make sure to also invest in things like bonds and real estate. People who retire with seven or more types of investments have an average net worth of $1.4 million while those with three or less types of investments have an average of about $670 thousand.
  3. Prioritize retirement over college: I want to help my kids pay for school you might say. But let me put this in perspective, you can borrow money for college, you can’t borrow money for retirement. Plus, your kids can also receive scholarships and grants for their schooling. If you want to start a savings plan for your kids as well, go ahead. Just make sure that you aren’t sacrificing your own retirement plan for their schooling.
  4. Switch up your investment goal as you age: When you are in your 30s and 40s make sure that your goal is to grow your capital. You will have a slightly more aggressive approach than when you get older. Once you reach your 50s, you should shift your investment goal to conserve your capital. Start shifting to safer stock options. The last thing you want is to watch the risky company you invested in to go down the tubes.

Ultimately, if you are currently 40, follow the above steps, and invest about $1,500 a month at a 6% annual return you can be a millionaire by the time you reach retirement! It might not be easy, but I believe you can do it!

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Sources:
Bonds at Your Stage of Life
Not Saving for Retirement at 40? Crazy!
The Middle Years

Stabilizers

“The world is beautiful outside when there is stability inside.”

-Anonymous


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We often want things to move fast. The business we’re building, the reach we’re extending, the relationship we’re developing, the role we’re growing into: it’s exciting when things “take off.”

Yet, airplanes have elevators and rudders and rockets have fins to ensure that the speed is contained and focused.

Having our own stabilizers in place and functioning decreases the potential for going off course and ensures that the speed is most capitalized upon.

Regular walks in nature, a fitness regime, dedicated hobby time, regular check-ins with committed listeners can all serve as stabilizers…and yet many get dropped when things get busy.

When asked how much he meditated each day, Gandhi answered two hours. When then asked how much he meditated when things were going crazy around him, he answered four hours.

If things are going astral, what fin can you put in to balance the atmospheric pressure…even if you think there’s no time?

If things aren’t going astral, how can you design fins now for when they do?

Got stabilizers?

“A stable mind is like the hub of a wheel. The world may spin around you, but the mind is steady.”

-B.K.S. Iyengar

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Busting 5 Myths about Sex During Midlife

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There is no doubt that our bodies change as we get older, and it seems as if middle age is the culmination of all of our fears surrounding aging. Estrogen and testosterone decrease in both men and women as they age and this can cause many shifts in our emotions, physical appearance, and viewpoints. It is common to experience changes in appearance, weight, libido, behavior, and sexual response. Because of this, many people end up believing countless myths about sex as they age. Well, today I am here to bust those myths!

1. As you age, you lose interest in sex.

People of every age have a desire to have sex. However, after you make it to midlife your sexual desires change. It usually just takes a time to figure out how your body and desires have changed. To prove this point, a National Aging Survey found that over 70% of people over the age of 60 who were having sex regularly found their sex lives more satisfying than in their 40s.

2. Men lose their ability to get an erection as they get older and women lose the ability to orgasm.

Aging does not cause erectile dysfunction – changing hormone levels do. As men age, they simply need more physical stimulation to become aroused. Also, women’s orgasms actually tend to increase in frequency and intensity after menopause due to the shift of hormonal ratios within the body.

3. Women lose their desire to have sex because of the psychological and emotional factors surrounding menopause.

Usually, the physical factors outweigh the emotional and psychological factors when it comes to decreased sex drive for women. When going through menopause, the decrease in estrogen can cause vaginal dryness. If sex is uncomfortable because of vaginal dryness, simply speak to your doctor and find a solution that works for you.

4. Middle-aged people are done exploring their sexuality.

Baby boomers are reporting a surprising willingness to explore their sexuality in many different ways. They are exploring tantric sex, taking retreats surrounding sexuality, and reaching out to sex therapists and coaches.

5. By the time you are in midlife, your sex has become boring and you’ve lost your desire to be sexually adventurous.

People who are in middle-age are very interested in learning new ways to pleasure each other (since the way they are stimulated often changes due to hormone shifts). They are reading books, watching videos, and attending retreats to learn new skills.

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Sources:
The Truth About Sex After 50
Busted! 5 Myths About Sex After 50
Sexual Issues in Midlife