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The 7 Biggest Financial Mistakes to Avoid in Your 50s

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A 2019 study from the Center for Financial Services Innovation, funded by the AARP Foundation, indicated that just 17% of adults 50 and older in the low-to-moderate income range are “ financially healthy.” Guessing at your budget isn’t going to cut it when you approach retirement,” she says. “A A lot of people guess at their budget.

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How to Forgive

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For example, a 2019 study published in Psychology & Health found that forgiving others aided in achieving better sleep, which, in turn, has the potential to improve health. . The pastor trusted me to build an amazing program, and I fully expected to stay in this blissful situation until I retired.

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4 Smart Money Moves to Plan for Financial Security

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A survey by Insider and Morning Consult from 2019 showed that millennials were more likely to put off buying houses, making career moves, undergoing medical procedures and even getting hitched—all because of cash-related reasons. Start a retirement plan. You’re young, and retirement probably feels light-years away.

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A Deep Dive Into the Positive and Negative Impacts of Gossip

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It’s also the amount of time the typical person spends per day gossiping in a 16-hour day, according to a May 2019 study published in the journal Social Psychological and Personality Science. Or perhaps another department’s long-time leader is retiring, and they’ve hired someone external to fill the role.

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How Women Are Rising in Business

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of employer businesses in 2019—a growth of 16.7% million workers in 2019 and grew their workforce by 28%… between 2012 and 2019.” The 2019 “ State of Women-Owned Businesses Report ” from American Express finds women-owned businesses “now represent 42% of all businesses—nearly 13 million—employing 9.4 trillion.”

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How to Find Your Money ‘Why’

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You might find yourself naming things like “beauty,” “health,” “community,” “family” or even something grander, like “justice.” Or, if that’s too much, imagine the speech a colleague might give upon your retirement. This article was published in November 2019 and has been updated. Tap into your core values. Choose your identity.

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Why the over 50s are leaving the workforce in huge numbers

Workplace Insight

Of course, it could simply be that workers saved more during the pandemic and can now afford to retire in comfort earlier than planned. Surprisingly, the silver exodus is not concentrated in the richest segments of society – even though one might expect that they would be the most able to retire.