The Blog

Margie Stewart
19 Dec 2022

How To:

Master Money in your 60’s
  • Budgeting
  • Finance
  • Radical Acceptance

Embracing Financial Wisdom with Radical Acceptance

As we navigate the transformative decade of our 60s, our relationship with money takes on new dimensions. With retirement on the horizon and a lifetime of experiences behind us, this is a time to embrace financial wisdom with a spirit of Radical Acceptance With (RAW).

At RAW Money, we understand that mastering money in your 60s is not just about accumulating wealth or hitting a magic number in your savings or superannuation account. It’s about cultivating a deep sense of financial peace, resilience, and alignment with your values. Many of us may find ourselves in a different financial position than we had envisioned. This can be a source of stress, but it’s also an opportunity to approach our financial reality with kindness and compassion.

One of the key aspects of mastering money in your 60s is embracing the power of Radical Acceptance With. This means approaching your financial situation with openness, self-compassion, and a willingness to learn and grow. Rather than judging yourself for past financial decisions or worrying about an uncertain future, practice accepting where you are in this moment.

Radical Acceptance With invites you to make peace with your money story, acknowledging both the challenges and the triumphs that have shaped your financial journey. It means honouring your unique experiences and wisdom and trusting that you have the resilience and resourcefulness to navigate any financial ups and downs that may come your way.

Living in a supportive and free country like Australia provides a safety net for many, including healthcare and social services, which can ease financial pressures. However, it’s essential to actively engage with these resources and plan thoughtfully for the future.

As you embrace Radical Acceptance With, consider these practical steps for mastering money in your 60s:

  1. Reassess Your Financial Priorities and Values: Take time to reflect on what truly matters to you at this stage of life. What financial goals align with your deepest values and aspirations?
  2. Empower Yourself with Financial Knowledge: Seek out resources, workshops, and mentors to expand your understanding of retirement planning, investment strategies, and managing wealth in your later years. Knowledge is power, and it can provide the confidence needed to make informed decisions.
  3. Cultivate a Mindset of Abundance: Rather than focusing on scarcity or limitations, practice gratitude for the financial blessings in your life. Trust that there is enough to go around and that you have the capacity to attract and generate abundance.
  4. Embrace the Joy of Giving: Consider how you can share your financial resources, wisdom and time with others, whether it’s through charitable giving, volunteering, or helping younger generations. Generosity can bring immense satisfaction and purpose.
  5. Prioritise Self-Care and Well-Being: Remember that true financial mastery is not just about the numbers in your bank account, but also about investing in your physical, mental, emotional, and spiritual health. A holistic approach to well-being is crucial for a fulfilling life.
  6. Consider Alternative Ways to Retire: Traditional retirement might not be feasible or desirable for everyone. Explore alternatives such as part-time work, consulting, or even starting a new venture. Maybe consider retirement in a different country! Flexibility can provide both financial stability and personal fulfillment.

At RAW Money, we believe that mastering money in your 60s is a journey of self-discovery, resilience, and radical acceptance. It’s about embracing the wisdom and experiences of your past while also opening yourself up to new possibilities and growth.

As you navigate this transformative decade, remember to approach your financial life with compassion, curiosity, and a spirit of Radical Acceptance With. Trust in your inherent worthiness and your capacity to create a financial future that is aligned with your deepest values.

By embracing financial mastery with Radical Acceptance With, you’ll not only cultivate greater peace and resilience in your relationship with money but also discover new opportunities for joy, connection, and fulfillment in this beautiful chapter of your life.