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7 Tips to Help You Plan for Retirement

Success

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. Determine how much income you’ll need to plan for retirement.

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Digital Nomads And Freelancers Need These Strategies To Navigate Tax Season Smoothly

Allwork

Beyond all of that, there are also factors with long-term tax implications, such as planning for retirement and understanding the implications of the self-employed pension contributions or social security payments, which in some jurisdictions could be voluntary. Contributions to these plans can significantly reduce taxable income.

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Have a Strategic Plan So You Can Cash Out On Your Terms

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If you’ve been working on upskilling and taking advantage of employer-offered education, now might be a great time to find a better job with a higher salary, thanks to the Great Resignation. If you’ve never really liked the idea of full retirement, consider what you’d be interested in doing as a second-act career.

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Livia Martini- Chief People Officer at Gympass| The Evolution of Corporate Wellness

Allwork

You don’t allow people to take PTO, even the most basic things it shows. We talk a lot about wellness from a mental health point of view, and we talk about it from a physical health point of view. And many of them even say that the well being or the efforts of well being is equally important to salary.

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Steel Magnolias, Barbie, and Other Wise Women – In Celebration of a Complicated Women’s History Month By Bonnie Low-Kramen

Bonnie Low-Krayman

The decision shouldn’t be solely based on financial considerations but should also take into account the organization’s culture. There’s no point in wasting energy trying to change a situation that won’t work. I should not have a “mommy penalty” on my salary because I have children and neither should you.

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The Real Reasons People Are Quitting by Bonnie Low-Kramen

Bonnie Low Kramen

The news stories focus on completely legitimate reasons for why this is happening, such as staff taking early retirement, fears about Covid and not wanting to return to the office, lack of childcare, and of course, the search for better jobs at higher compensation. It costs a company 6-9 months of an employee’s annual salary to replace them.

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5 Reasons Being Self Employed Sucks

Productivity Bits

T here is a temptation at times to lionize the self-employed for taking control of their occupational future. Retirement Benefits. Contributions to a retirement plan are usually matched by an employer, and many businesses offer pensions and other benefits to ease the transition into old age. In fact, it might even suck.