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The 7 Biggest Financial Mistakes to Avoid in Your 50s

Success

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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Uncorking the Dream: Founding Ampersand Estates in Australia’s Wine Country

Success

In addition to hosting events such as weddings and conferences, the estate offers accommodations and, of course, libations. After expanding to offices in Wellington and Auckland, New Zealand, as well as Cape Town, South Africa, they sold the firm in 2019. And, of course, we’re doing it for fun and passion, but it’s a business.

2019 273
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4 Smart Money Moves to Plan for Financial Security

Success

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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How Women Are Rising in Business

Success

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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The Recent Flurry of Gig Economy Studies

Small Business Labs

  These findings have, of course, been known for many years. Platform Work in the UK 2016-2019 : This study is a collaboration between the University of Hertfordshire and the U.K.'s How Well Are Independent Workers Prepared for Retirement?: But it's nice to see the HR world catching up.  

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How to Find Your Money ‘Why’

Success

Of course, this is by design. 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. There are lots of reasons to spend money, some good, some bad, most compelling. Not spending money, though… that’s a trickier thing.

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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.