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Americans’ Outlook On Retirement Is Bleaker Than Ever

Allwork

What’s going on: Gallup published a report revealing that only 43% of nonretirees think they will have enough money to live comfortably in retirement. The data emphasizes the need for proactive measures to ensure financial security during retirement.

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Offering Financial Literacy Benefit Programs Could Save Businesses $40 Billion

Allwork

Financial wellness programs can help alleviate financial stress and improve overall employee well-being by providing education, resources, and tools for effective financial management. They offer strategies for asset allocation, compounding interest education, and guidance on navigating retirement accounts such as 401(k) plans and IRAs.

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Preparing for a Smooth Transition: 4 Tips for Retiring Administrative Professionals

All Things Admin

Now you’re finally retiring from the workforce. Retirement is an exciting phase of life. You need to document your key processes and responsibilities so that your successor can step into the position with confidence. Tip 3: Communicate Your Retirement Timeline You didn’t just wake up one day and decide to retire.

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Want to Retain Your Team? Offer Financial Well-being Programs

Allwork

Educational offerings. Companies can offer financial literacy programs, continuing education, webinars, and more. . It’s becoming more standard for there to be an employer match for funds such as a retirement fund like a 401(K), a 529 education savings plan, or even a student loan match plan. They include: .

Finance 284
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Tori Dunlap, Founder of Her First 100K is on a Mission to Close the Gender Pay Gap

Success

I’m no stranger to setting lofty money goals : At 9 years old I became cognizant of the idea of college—a seemingly far-off milestone that my parents described as “important” and “expensive”—and decided I needed to proactively save money for my college education. Break free of debt. Get paid what you’re worth.

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What Is Professional Development? We Unpack the Essentials

Success

Rooted in the belief that skill acquisition doesn’t end after formal education, job training bridges the gap between academic knowledge and practical, on-the-job requirements. Furthermore, the knowledge you gain provides the strength and confidence you need to meet emerging challenges throughout your organization and beyond.

Skills 292
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As I Enter My 60s, Here’s the Advice I Would Give to My Younger Self

Success

Eschew higher education? Still others hope to stave off the boredom of retirement, launching blogs, podcasts and YouTube channels to feed their souls. But it will also help instill confidence so freelancers don’t get waylaid by imposter syndrome. Today, I would have admonished the guy and abruptly ended the interview.