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7 Tips to Help You Plan for Retirement

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Retirement planning is usually the most significant financial goal people will work toward. No matter where you are in your career, considering how to plan for retirement is essential so you can spend your golden years on your terms. Keep reading for some tips to help spark the planning process.

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The 8 Biggest Financial Mistakes to Avoid in Your 60s

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People in their 60s often face the decades in two parts: the run-up to retirement and retirement itself. Although retirement may have a date on the human resources calendar, it can—and perhaps should—involve years of transition. They’ve been in this accumulation mode of building up their assets,” she says.

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Science Fiction To Reality: How Anti-aging Drugs Will Upend The Future Of Work

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This remarkable drug also safeguards against processes that lead to disease, such as oxidative stress. Perhaps the most jarring question is: What would this mean for the age of retirement — will the U.S. If humans could live longer, what would this mean for the future of work, and the workforce? The other revolutionary part?

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Do I Need an Estate Plan?

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Understanding why you’re creating one and the documents you must include for your situation can make the process easier. In addition, it’s vital to make a plan for a child or family member with health issues or developmental disabilities so that they are provided for, no matter how old they are or what happens to you.

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30 New Year’s Resolution Ideas to Make 2024 Healthier, Happier & More Secure

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But finding the right resolution for you—one that you will actually keep—isn’t an easy process. Commit to a regular workout routine such as yoga or running to improve your health and feel great. Save more for retirement. Increase contributions to retirement accounts such as your 401(k) or IRA. Exercise daily. Reduce debt.

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Everything You Need to Know About Emergency Funds

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An emergency fund can help you get out of an immediate financial situation, like an unexpected car repair or medical bill, or can help you cover your day-to-day expenses if you’re laid off, ill, or injured and unable to work. Instead of getting discouraged, try breaking the bigger goal into smaller pieces to make the process more manageable.

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How Toxic Positivity Can Hurt Your Finances

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Resilience , on the other hand, lets you keep moving through a challenging situation like a scary medical diagnosis or job loss while still being able to acknowledge that things are hard. Pushing off conversations about life insurance, retirement savings or long-term care doesn’t protect you from the negative feelings the subjects bring up.

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