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4 Steps Everyone in Their 20s Should Take to Beat a Potential Recession

Success

According to the Nationwide Retirement Institute, 15% of Gen Zers and millennials “reduced contributions to their 401(k) and similar retirement plans over the last year.” Consider the record-setting 128-month expansion following 2008’s Great Recession. You can separate yourself from your peers financially and retire in comfort.

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What Leslie Jordan’s Legacy Can Teach Us About Pivoting to a Third Act

Success

And in life, often your first act is devoted to childhood and education, your second to career and family and your third, following retirement, is how you choose to fill your golden years in service to the legacy you wish to leave. Novels have a beginning, middle and end. Leslie Jordan was likely familiar with third acts.

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How to Choose a Robo-Advisor

Success

Knowing what you’re saving for—whether it’s retirement, college education for your children, a down payment on a house or all three—can help you understand your risk tolerance, timeline and other factors required to invest successfully. Determine your goals. As with any investment strategy, it’s important to start by understanding your goals.

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Lessons From Past Recessions

Success

For anyone who lived through the fear and uncertainty of the 2008 financial crisis, hearing ‘recession’ from news anchors and pundits can bring up anxiety and fear. The most recent recession was in 2020 and only lasted a couple of months, whereas the 2008 recession lasted about 18 months. Beef up your emergency fund.

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Meet the Christmas Tree Farmers Keeping the Spirit of Christmas Alive

Success

Piper Mountain Christmas Tree Farm Newburgh, Maine Piper Mountain Christmas Tree Farm owners Molly and Jesse Jimerson took over their parcel in 2022, but the farm has roots dating back to 1978, when now-retired Jim and Norma Corliss founded it. “It It looked like a Hallmark movie. They’ve filmed several holiday films on the property.

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Want to Reach Your Potential? Be a Learner

Success

We have a whole generation of millennials and college grads who have come out of college seeing how their parents were perhaps treated in 2008 and are choosing income security over job security” by freelancing, temping and so forth. It’s more important to be employable than, maybe, to be employed full-time.”.

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Financially Challenges Millennials Changing Society

Small Business Labs

 Key quote: Since 2008, the year Lehman Brothers collapsed and home prices dropped precipitously, there has been a steady increase in the number of people ages 18 to 34 renting instead of buying homes. 50% of Millennials do not believe that Social Security will exist when they reach the age of retirement.

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